53 Atlantic Avenue

Property Summary: 53 Atlantic Avenue, Winnipeg

Key Characteristics & Appeal

This 800 sqft home, built in 1954, presents a practical and affordable entry point into Winnipeg's Luxton neighbourhood. Its key appeal lies in its relative value and efficient scale. While the living space is notably smaller than area averages, the property holds an above-average assessed value for its immediate street, suggesting the lot or location is well-regarded within this specific context. The 3,306 sqft lot is typical for the local area.

This home would suit first-time buyers or pragmatic investors seeking a lower-maintenance footprint without sacrificing a decent-sized yard. It’s a property for those who value location and land over square footage, offering a chance to build equity in a mature neighbourhood. A thoughtful perspective is that a smaller, well-built mid-century home can be more efficient and affordable to maintain or renovate than a larger, older character property, making it a sensible canvas for someone with a focused renovation budget.

Frequently Asked Questions

1. Why is the assessed value relatively high for a smaller home?
The assessment is above average for Atlantic Avenue itself. This often reflects the inherent value of the lot, its location within the block, or recent updates not captured in the basic square footage data.

2. How does the smaller living area compare to nearby sold homes?
The listed comparable sale at 28 Bannerman Avenue (1,144 sqft) is significantly larger, highlighting that this property is on the more compact end of the local market. Buyers should consider if the layout and potential for expansion meet their space needs.

3. What does the "Top 8%" ranking for Year Built in Luxton mean?
It indicates this 1954 home is newer than 92% of comparable properties in the wider Luxton area. This is a positive for systems, structure, and potentially needing fewer immediate updates than much older neighbourhood homes.

4. Is the sold price range from 2021 relevant today?
It provides a historical benchmark, but market conditions have likely changed. This range is best used as a reference point for past appreciation, not as a direct indicator of current value.

5. How can I get the exact past sale price?
The exact sale price is not public record in Manitoba. As noted, you can provide your email to the listing service to request this information manually from their records.