Property Overview: 977 Atlantic Avenue, Winnipeg
Key Characteristics & Appeal
This 965 sqft home, built in 1955, sits on a notably generous 4,698 sqft lot in the Robertson neighbourhood. Its primary appeal lies in its strong positioning within its immediate context. While the living space is modest by city-wide standards, the property stands out on its street and in its area for its above-average assessed value, newer construction year, and substantial lot size. This suggests a well-maintained or updated home on a desirable piece of land.
The property would suit practical buyers looking for value and space in a mature neighbourhood. It’s ideal for someone prioritizing yard space over interior square footage, or for a buyer who sees potential in a lot that is larger than most on the block. The above-average assessment for the area indicates it may appeal to those seeking a home that already has some upgrades, avoiding a "worst on the best street" scenario. Its last known sale was in the upper price tier for the area, pointing to a history of perceived value.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The living area (965 sqft) is close to the neighbourhood average but below the city average. On its own street, however, it ranks near the middle of the pack, meaning it is a typical size for Atlantic Avenue.
2. Why is the assessed value higher than the area average?
The assessed value of $312k ranks well above averages for both the street and Robertson. This typically reflects factors like the larger lot, the home’s condition, updates, or a combination that the assessor views as adding significant value compared to neighbouring properties.
3. Is the lot size a significant feature?
Yes. The lot of 4,698 sqft is over 30% larger than the average lot on Atlantic Avenue, offering more outdoor space than most direct neighbours. This is a key differentiator for the property.
4. What can the last sold price range tell me?
It sold between $350k-$400k in late 2021, placing it in the top 4% for the area at that time. This past premium supports the current above-average assessment and suggests the market has consistently valued this property highly relative to its surroundings.
5. Where can I get verified sale history and exact figures?
The site notes that exact sold prices require a manual lookup due to industry data rules. You can request this information directly via email from the provider for verified details.