1500 Pacific Avenue W – Property Summary

Key Characteristics & Buyer Profile

This is a compact, older home in Winnipeg’s Weston neighbourhood with a livable footprint but limited land. At 1,030 sqft of living area, it sits slightly above the street and neighbourhood averages, though it remains well below the citywide typical home size of 1,342 sqft. The assessed value of $173,000 is low relative to the city median of $390,100, which makes this property one of the more affordable options in Winnipeg by a wide margin. However, the land area is notably small: just 2,267 sqft, ranking in the bottom 10% on the street and bottom 2% citywide. The house was built in 1909, placing it among the older homes in an already older neighbourhood (the area’s average build year is 1937).

The appeal here is straightforward but specific. For a buyer who wants a detached home in a central or established part of the city without paying a premium, this property offers a low entry price and a living area that is actually slightly roomier than many nearby homes. The trade-offs are a very small lot and a century-old structure that will likely need ongoing maintenance and updates. It is not a home for someone seeking space to expand, a large yard, or modern construction. It suits a buyer who values location and affordability over square footage or land, and who is comfortable with the realities of an older house—whether as a first-time buyer, an investor looking for a low-cost rental, or someone willing to put work into a home over time.

Possible FAQs

1. Is the house structurally sound despite being built in 1909?
There is no specific inspection data provided in this listing. Homes of this age can have solid bones (e.g., old-growth lumber, brick foundations), but they may also have outdated wiring, plumbing, or insulation. A thorough home inspection is strongly recommended, especially to check for foundation issues and knob-and-tube electrical systems.

2. Why is the assessed value so much lower than the city average, but close to the neighbourhood average?
The assessed value reflects the home’s size, age, and location relative to comparable sales. On Pacific Avenue and in Weston, values cluster around $185,000. The citywide average is inflated by newer, larger homes in wealthier areas. This property’s valuation is consistent with its local market, not the city as a whole.

3. Can I build an addition or a garage with such a small lot?
The land is 2,267 sqft, which is significantly smaller than typical Winnipeg lots. Zoning bylaws in Weston will dictate setbacks, lot coverage limits, and whether an accessory structure is permitted. Given the lot size, any addition would likely be modest. It is best to check with the city’s planning department before making plans.

4. How does the living area compare to other homes in the area?
It is slightly above average. On Pacific Avenue, the typical home is 986 sqft, and in Weston, the average is 936 sqft. At 1,030 sqft, this home offers more interior space than many of its immediate neighbours, despite being smaller than the typical citywide home.

5. Is this a good candidate for a rental property?
Possibly. The low purchase price and assessed value mean a lower barrier to entry. Rent potential in Weston can be modest, but the property’s affordability may allow for positive cash flow. However, an older home often has higher maintenance costs and may require more frequent repairs, so factor that into any investment calculation.