1122 Atlantic Avenue

Property Overview: 1122 Atlantic Avenue, Winnipeg

Key Characteristics & Appeal

This 1,047 sqft bungalow, built in 1958, sits on a generous 4,396 sqft lot in the Mynarski neighbourhood. Its primary appeal lies in its standout value within its immediate context. While the home's size is typical for the area, its $345,000 assessed value ranks in the top 3% on its street and top 10% in Mynarski, indicating it is perceived as a higher-quality asset compared to its closest neighbours. This suggests potential for above-average finishes, updates, or a superior layout not captured by square footage alone.

The property represents a middle ground: it offers more modern construction than many homes on its street, a larger-than-average lot for the block, and a manageable size for a small household. It would suit a practical buyer looking for a solid, established home in North Winnipeg without the premium of a newer suburb. It's particularly suited for someone who values space around the home and recognizes the advantage of owning one of the more substantial properties on the block, which can be a wise long-term strategy in evolving neighbourhoods.

Frequently Asked Questions

1. Why is the assessed value so much higher than neighbouring homes?
The assessment ranks in the elite tier for Atlantic Avenue, suggesting factors like significant updates, a premium layout, or superior condition that distinguish it from area averages. A viewing is essential to understand what specific features justify this valuation.

2. How does the lot size compare?
At 4,396 sqft, the lot is notably larger than the street average (3,549 sqft), offering more outdoor space than most direct neighbours. This is a key differentiator for the property.

3. Is the living space small compared to the city overall?
At 1,047 sqft, it is below the Winnipeg average (~1,342 sqft), but it is perfectly aligned with the typical size for Mynarski. It represents the standard for comfortable, efficient living in this area.

4. What does the sold price history indicate?
The home sold between $300k-$350k in mid-2021. Given its current assessed value of $345k, this indicates market value has held steady or increased modestly in the years since, reflecting its stable position.

5. How can I get the exact past sold price?
The site provides sold price ranges publicly. For the exact figure, you must request a manual lookup via email, as this data is not sourced from the MLS system.