1642 Pacific Avenue W – Property Summary

Key Characteristics & Buyer Profile

This is a 2017-built home in Winnipeg’s Weston neighbourhood with 1,350 sqft of living space on a 2,481 sqft lot. Its assessed value is $309,000.

The property’s strongest feature is its age. Ranked in the top 5% citywide for year built, it’s far newer than the surrounding housing stock—most homes on the street date to the 1930s. The living area is above average for both the street and the neighbourhood, though it sits close to the citywide median. The land, however, is notably compact: the lot is smaller than 96% of properties citywide, and sits below average even within the immediate area.

The assessed value tells an interesting story. On the street and in the neighbourhood, the home ranks in the top 3–6%, reflecting the premium for a newer, larger home in an older area. But citywide, the value is only around average—suggesting the location tempers the price relative to newer developments elsewhere in Winnipeg.

Who it suits: A buyer who wants a relatively new, move-in-ready home without paying new-construction prices, and who prioritizes indoor space over a large yard. It’s a good fit for those comfortable with a dense, older urban setting where lot sizes are small and the streetscape is established. Not ideal if you’re looking for a big backyard or a quiet cul-de-sac with newer builds.

Five Possible FAQs

1. Why is the assessed value high locally but only average citywide?
The home is one of the newest and largest on Pacific Avenue and in Weston, so it stands out dramatically in an area where most houses are much older and smaller. Citywide, though, there are many similarly sized new-builds in higher-price neighbourhoods, which brings the overall median up.

2. Is the small land size a problem for resale?
That depends on the buyer pool. Some people actively prefer a low-maintenance lot. But it will exclude buyers looking for garden space, room for a garage addition, or future subdivision potential. The fact that nearly every other home on the street has a similar or slightly larger lot means you’re not an outlier—but you also won’t outgrow the space.

3. Are the rankings based on all homes in Winnipeg?
No—they compare the home to “comparable homes” within each scope. The system uses a filtered peer group, not every single residence. That’s why the citywide stats (like average living area of 1,342 sqft) differ from raw city averages. The comparison is adjusted for property type and other filters to make it fairer.

4. How does the 2017 build hold up in a neighbourhood of 1930s homes?
Practically, it means you avoid common older-home issues like knob-and-tube wiring, lead pipes, or foundation settling. But visually, the house may stand out from its neighbours stylistically. Some buyers prefer that contrast; others find it less cohesive. You’re also likely paying a premium for the newer construction compared to a older fixer-upper on the same street.

5. What does the bar chart fill colour actually mean?
Red, blue, amber, or grey indicate how you rank relative to peers—roughly how many homes you outperform. The fill length shows the proportion. It’s a quick visual, not a precise percentile, so it’s best used for comparing categories (e.g., “year built is strong, land area is weak”) rather than exact numbers.