Property Summary: 1013 Atlantic Avenue, Winnipeg
Key Characteristics & Appeal
This 1,068 sqft bungalow, built in 1955, presents a solid, above-average offering within its immediate Robertson neighborhood and on Atlantic Avenue itself. Its primary appeal lies in its strong positional value. With an assessed value of $320k, it ranks in the top 10% for the area and top 7% for the street, suggesting it is a well-regarded property in a context of more modestly valued homes. The lot size of 4,229 sqft is also notably larger than the street average, offering good outdoor space potential. While its living area is average city-wide, it is above average for Robertson, indicating a comfortable size for the locale.
This home would suit a practical buyer looking for a sound investment in a stable neighborhood—someone who values being above par on their immediate street rather than chasing city-wide averages. It’s also a fit for those who prioritize a larger lot over a larger house, seeing value in land and potential for outdoor living or expansion. The sale history shows steady appreciation, moving from the $200k-$250k range in 2016 to $300k-$350k in 2022, reinforcing its trajectory as a dependable asset.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
Its assessed value of $320k is significantly above the street average ($222.8k) and the neighborhood average ($269k), placing it in the top 10% of Robertson. This indicates it is likely viewed as a premium property within this specific area.
2. Is the house newer than others in the area?
Yes. Built in 1955, it is newer than most comparable homes on Atlantic Avenue (average year built 1933) and in the broader Robertson neighborhood (average year built 1949).
3. What can the past sale prices tell me?
The home sold for between $300,000 and $350,000 in early 2022, which was in the top 6% of sale prices for Atlantic Avenue at that time. This continues an upward trend from its previous sale in the $200k-$250k range in 2016.
4. Why is the city-wide comparison less flattering for some metrics?
The home is compared against all property types across Winnipeg. City-wide averages include many newer, larger suburban homes, which pulls averages up. The more relevant comparison is at the street and neighborhood level, where this property consistently performs above average.
5. How can I get the exact historical sale prices?
The displayed prices are estimated ranges. Due to industry regulations, exact sale figures are not published automatically. You can request the precise transaction history by emailing the site directly; they will provide the verified data manually.