719 Pacific Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1907 home with 2,070 sqft of living space on a 2,589 sqft land area, located on Pacific Avenue in Winnipeg’s West Alexander neighbourhood. Its assessed value is $222,000.

What sets this property apart is its living space. It ranks in the top 1% on its street and top 9% citywide for living area, meaning it's unusually spacious for its surroundings. Most homes on Pacific Avenue are under 1,000 sqft. This gives the property a kind of "big house on a small lot" dynamic—generous interior room, but not much outdoor space. The land itself is below average for the neighbourhood (top 77%) and well below city norms.

The assessed value ($222k) is above average for the street and neighbourhood, but notably low compared to the citywide median of $390k. That reflects the neighbourhood's older housing stock and smaller lots. The year built (1907) is older than most homes on the street and in the city, but around average for West Alexander.

The property would likely suit a buyer who:

• Values indoor space over yard size
• Is comfortable with an older home and its upkeep
• Wants a property that stands out in square footage within a central, established neighbourhood
• May be looking for a home with bones that could benefit from updates (given the age and modest assessed value relative to living area)

A less obvious point: the combination of large living area, small lot, and lower citywide valuation suggests this could be a good candidate for someone who wants to add value through interior renovation rather than land appreciation. The living area already outperforms the street and neighbourhood by a wide margin—so the "space" problem is solved. The potential lies in finishing quality and modernisation.

Frequently Asked Questions

1. How does the living area compare to other homes in the area?

It's significantly larger. On Pacific Avenue, the average living area is 986 sqft—this home is more than double that. It's also well above the West Alexander average (1,299 sqft) and the citywide average (1,342 sqft). In short, it's one of the roomiest homes on the street and in the broader neighbourhood.

2. The land area seems small—what does that mean in practice?

At 2,589 sqft, the lot is below average for West Alexander (3,591 sqft) and well below the Winnipeg median (6,570 sqft). That means less yard space, less privacy from neighbours, and potentially limited options for additions or expansions. It's typical of older inner-city lots, so buyers should be comfortable with a compact outdoor footprint.

3. Why is the assessed value so much lower than the city average?

This home's assessed value ($222k) is about 57% of the Winnipeg median ($390k). That's mainly due to location and lot size. West Alexander is an older, denser neighbourhood with smaller properties and lower land values than newer suburbs. The house itself is also over a century old, which can depress valuations even if interior space is generous.

4. Is the age of the home a concern?

The home was built in 1907, making it older than most homes on its street (average 1936) and most in the city (average 1966). Age alone isn't a dealbreaker, but it typically means older electrical, plumbing, and insulation. Buyers should budget for inspections and potential updates. That said, older homes in this part of Winnipeg often have solid construction and character features that newer builds lack.

5. How does this property compare to others on the neighbourhood map?

The "open neighbourhood map analysis" link on the listing page provides side-by-side comparisons with nearby homes for year built, living area, assessed value, and lot size. That's the best way to see how this property stacks up visually against its immediate neighbours, which can be more revealing than citywide or street-level rankings alone.