Property score
41.3
Below average
Overall 41.3 · Compared with neighbourhood average
1,139 sqft (bottom 39%) · Built in 1897 (29 yrs older than avg)
Located in a below-average income area with median household income of ~39.2k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 7 dining spots, 2 schools, 1 healthcare facility, and 2 shops nearby
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Near average
29 yrs older than neighborhood avg.
Mother tongue
English · 60%Tagalog · 9%
Past 10 years Centennial sales snapshot (~80% of all data)
128
215k
$120/sqft
1926
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41.3 is composed by the two sections below.
Property Score
Community Score
Centennial
How to read: Share of sales in each ~$50k price band for “centennial” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110176
$39K
Median household income
$60K
Average household income
38%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.1
P90 / P10 ratio
48%
Single-person households
17%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
549 Pacific Avenue — 21 amenities found within 500 m, across 6 categories, including 7 dining (nearest 191 m), 2 education (nearest 125 m), 1 healthcare (nearest 355 m).
Centennial · WPS public data · 2026
Annual incidents
67
2026
vs. city avg
+127%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
51%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 13% | Bottom 28% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview
This 1897 one-and-three-quarter storey home on Pacific Avenue in Winnipeg's Centennial neighbourhood is a property defined by its historical character and its position as a land-value opportunity. With 1,139 sqft of living space on a 2,605 sqft lot, it sits on a street of similar vintage homes. Its key appeal lies in its very low assessed value, which is below average for its street and significantly below the city-wide average, suggesting potential for those looking for an entry point or investment. The home has a basement but it is not renovated, and there is no garage or pool.
This property would primarily suit a specific type of buyer: the value-driven renovator or investor who is less intimidated by a project. It's a candidate for someone looking to put their own stamp on a character home, or for a strategic land-buy in an established neighbourhood where the value is fundamentally in the property itself rather than in the current condition of the dwelling. It is less suited to those seeking a turn-key, modern property with ample parking and finished amenities.
A thoughtful perspective is that while the living area is above average for its immediate street, the home's age and condition mean systems, structure, and energy efficiency will be primary considerations over square footage. Its appeal isn't in outshining the neighbourhood, but in offering a chance to enter it at a base level, with the work required reflected in the price.
Frequently Asked Questions
1. What does "below average" assessed value really indicate?
It primarily indicates the home's value for municipal tax purposes is low relative to others, often due to age, condition, or specific market factors. It can signal an opportunity but is not a direct market price guarantee.
2. The home is older than most on the street. What should I consider?
A build date of 1897 means potential for historical charm but also necessitates thorough inspections for foundation, wiring, plumbing, and insulation. Renovation plans should budget for unforeseen issues common in homes of this era.
3. There's no garage. Is parking available?
The listing indicates no garage. You should investigate on-street parking regulations, permit requirements, and typical availability on Pacific Avenue directly with the city or by observing the street at different times.
4. The basement is "not renovated." What does that typically imply?
This usually means the basement is in a raw or utility state, with unfinished walls and floors. It may house the furnace, water heater, and electrical panel but is not configured as livable space. Check for moisture, ceiling height, and access.
5. How useful are the comparisons to nearby properties?
They provide context for lot size, age, and value within a few blocks. For example, seeing similarly low assessed values on the street suggests a neighbourhood trend, not an outlier. However, condition and interior layout cause the most significant value differences.
