120 Atlas Crescent – Property Summary
Key Characteristics & Buyer Profile
This property at 120 Atlas Crescent stands out most for its generous living space. At 2,149 square feet, it ranks in the top 8% citywide and the top 8% within the West Kildonan Industrial community, where the average is roughly 1,591 square feet. That extra square footage isn't merely a number—it translates to genuinely usable room for growing families, home offices, or spaces that don't force compromises.
The assessed value of $529,000 sits above both the neighbourhood average ($443,000) and the citywide average ($390,000). That's partly a reflection of the size, but also of how recently the home was built. Constructed in 2019, it's newer than nearly everything around it. Citywide, it falls in the top 4% for build year, which means modern construction standards, better energy efficiency, and less deferred maintenance than owners of older homes typically face.
The lot is 5,330 square feet—slightly above the street average of 5,254 square feet and well above the community average of 3,839 square feet. It's not an oversized lot by city standards, but it gives you decent outdoor space without requiring constant upkeep. On Atlas Crescent specifically, this home ranks in the top 20% for living area and top 24% for assessed value, suggesting it's one of the more substantial properties on the street.
Who this suits: Buyers who prioritize interior space over land, and who want the predictability of a newer home without the uncertainty of older construction. This isn't a fixer-upper or a character renovation project. It's a ready-to-move-in property for someone who values efficiency and square footage, likely a family that needs room to spread out or someone working from home who needs dedicated space. The neighbourhood's industrial-adjacent location may not appeal to those seeking a leafy, secluded setting, but for buyers who want proximity to major roads and commercial areas while still having a detached home with a yard, it strikes a practical balance.
Frequently Asked Questions
1. What does "assessed value" mean here, and how does it relate to what I'd actually pay?
The assessed value is the city's estimate of the property's market worth for tax purposes, not a listing or sale price. At $529,000, it's above the street and neighbourhood averages, which means property taxes will be higher than many nearby homes. But it also signals that the home is priced by the city as a higher-end asset in this pocket of West Kildonan Industrial.
2. The lot is 5,330 sq ft—is that considered small for Winnipeg?
It's actually close to the average on Atlas Crescent itself (5,254 sq ft) and well above the community average of 3,839 sq ft. Citywide, Winnipeg's average lot is about 6,570 sq ft, so by that measure it's below average. But that citywide figure includes large suburban and rural lots. For an infill or newer development area like this, 5,330 sq ft is a reasonably sized yard—enough for a garden, a play set, or a patio, without being overwhelming to maintain.
3. The build year is 2019—are there any downsides to buying a home this new?
Generally, newer construction means fewer immediate repairs and better insulation, windows, and mechanicals. The main downside is that you're paying a premium for that newness, as reflected in the above-average assessment. You also miss out on established landscaping or mature trees that come with older homes. And in some newer subdivisions, neighbourhood amenities like schools or parks may still be developing.
4. West Kildonan Industrial is in the name—does that mean this is an industrial area?
The community name can be misleading. West Kildonan Industrial is a broad planning district that includes both industrial zones and residential pockets. This property is on Atlas Crescent, which is a residential street. You'd want to check the immediate surroundings in person, but being in an area with industrial zoning nearby can mean slightly lower property values and less "curb appeal" for some buyers—but also easier access to major routes and less traffic congestion than purely residential suburbs.
5. How does this property compare to others currently for sale in the same street or neighbourhood?
On Atlas Crescent, this home ranks 24th out of 123 for living area (top 20%) and 30th for assessed value (top 24%). That makes it one of the larger and more valuable homes on the street. Within the broader community, it's in the top 8% for size and top 15% for value. If you're looking at comparable newer builds in the area, this one is likely to be at the higher end of the price range, but you're getting significantly more interior space than most.