Property Overview: 1133 Atlantic Avenue, Winnipeg
Key Characteristics & Appeal
This 987 sqft bungalow, built in 1956, sits on a 3,996 sqft lot in the Mynarski neighbourhood. Its primary appeal lies in its strong value proposition within its immediate area. The home's assessed value of $309,000 ranks in the top 11% on its street, significantly above the local average, suggesting it is a well-regarded property on a block of mixed values. While its living space is modest compared to the Winnipeg average, it is competitive within Mynarski. The lot size is smaller than most in the neighbourhood, which may appeal to buyers seeking lower outdoor maintenance.
The property suits practical, value-conscious buyers. It’s ideal for a first-time homeowner looking for a solid entry point into the market, or an investor seeking a property with a strong relative value on its street. The recent sale in early 2024 (between $300,000-$350,000) indicates active market interest. A thoughtful perspective is that this home represents a "street standout"—its metrics are stronger on its own block than in the wider area, offering a sense of relative premium in a localized setting.
Frequently Asked Questions
1. How does the value of this home compare to its neighbours?
The assessed value is notably above the street average, ranking in the top 11% on Atlantic Avenue. This suggests it is considered a higher-value property on its immediate block compared to many surrounding homes.
2. Is the lot size a disadvantage?
The lot is below average for both the Mynarski area and the city. This means less yard space but also lower maintenance. It could be a positive for those who prefer smaller outdoor areas to manage.
3. What does the sale history tell us?
The property sold in March 2024. Prior to that, it sold in December 2016. The recent sale price range indicates steady market demand and provides a clear, contemporary benchmark for its value.
4. How does the living space compare to a typical Winnipeg home?
At 987 sqft, the living area is below the city-wide average. It is more in line with the typical size found in the Mynarski neighbourhood, making it a comfortable fit for the area but potentially cozy for those accustomed to larger, newer suburban homes.
5. Where can I get verified sale price details?
The exact sale prices are not publicly displayed due to industry regulations. You can request the full transaction history and exact figures by emailing the site directly; they will provide the information manually.