Property Overview: 1105 Atlantic Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 931 sqft bungalow, built in 1956, sits on a 3,996 sqft lot in the Mynarski neighbourhood. Its core appeal lies in its relative value and positioning within its immediate community. With an assessed value of $259,000, it is notably above the average for Atlantic Avenue itself, indicating it is a higher-tier property on its own street. This creates an interesting dynamic: while the home is below average in size and value for the wider Mynarski area and city, it represents one of the more substantial homes on its block.
The property would suit a first-time buyer or pragmatic investor looking for a foothold in a mature neighbourhood without a premium price tag. Its above-average lot size for the street offers potential for expansion or outdoor space that is less common nearby. The 1956 build date is newer than most on Atlantic Avenue, suggesting potentially fewer issues associated with very old infrastructure. This is a property for someone who values street-level standing and lot potential over having the largest home in the broader district.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to likely market value?
Assessed value is for municipal tax purposes and is not a direct indicator of market value. However, its position (Top 31% on its street but Top 94% in Mynarski) highlights that it is a significant property on its block but more modest in the wider area, which can influence buyer interest and pricing.
2. What does the sold price data from 2019 tell us?
The prior sale in the $200k-$250k range provides a historical benchmark. The current assessed value being higher may reflect market changes, improvements, or the different methodologies between assessment and market sale.
3. Is the living area sufficient for a family?
At 931 sqft, it is below the Mynarski and city averages. It would suit a small family, a couple, or an individual. The layout and number of bedrooms (not listed in this data) are more critical factors than square footage alone.
4. What are the implications of the lot size?
At nearly 4,000 sqft, the lot is larger than the average for Atlantic Avenue. This is a key asset, offering more yard space, better potential for additions, or simply more distance from neighbours than other properties on the street.
5. How can I get the exact historical sold prices?
The site notes that exact sold figures are not displayed publicly due to industry rules. You must request them via email from the service, which will perform a manual lookup. This is a common practice for non-MLS data sources.