Property Summary: 866 Atlantic Avenue, Winnipeg
Key Characteristics & Buyer Profile
This 881 sqft home, built in 1947, sits on a notably larger-than-average lot for its street at over 4,100 sqft. Its assessed value of $199k positions it as an accessible entry point into the Robertson neighborhood, offering value both relative to nearby homes and the wider Winnipeg market. The appeal here is practical: you're acquiring a solid amount of land in an established area for a price well below the city average. The home itself is modest in size, which suggests lower utility costs and less maintenance, but also means efficient use of space is key.
This property would suit a first-time buyer or a pragmatic investor looking for a footprint in the city without a premium price tag. Its value is grounded in the land and location rather than the size or modernity of the dwelling. A thoughtful perspective is that this home represents a "blank canvas" opportunity—the lot size offers potential for future expansion, gardening, or outdoor living that many similarly priced properties do not. It’s a choice for someone comfortable with a home that may require updates, prioritizing lot potential and neighborhood stability over immediate move-in perfection.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 881 sqft, the living area is slightly below the average for the Robertson neighborhood but is fairly typical for Atlantic Avenue itself. It’s a compact, efficient layout.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $199k is a municipal tax valuation. Recent sold data suggests homes on this street have sold in the $200k-$250k range, indicating the assessment is a reasonable baseline, but market conditions will determine the final price.
3. What does the larger lot size mean for me?
The 4,169 sqft lot is above average for the street. This provides more private outdoor space, better potential for additions or a garage, and possibly more landscaping options compared to neighboring properties.
4. The home was built in 1947. Should I be concerned about major issues?
As with any home of this age, a thorough inspection is essential. While the construction is likely solid, key systems like plumbing, electrical, and the roof may have been updated over time and should be evaluated for their current condition and remaining lifespan.
5. How can I get the exact past sale price for this property?
The provided data shows a sold price range. Due to industry regulations, exact historical sale figures are not published automatically. You can request the exact sold price history by emailing the site directly for a manual lookup.