140 Atlas Crescent – Property Summary
Key Characteristics & Buyer Profile
This home on Atlas Crescent in Winnipeg’s West Kildonan Industrial neighbourhood offers 1,564 square feet of living space on a notably large 6,740-square-foot lot. Built in 2019, it’s a relatively new property in a city where the average home dates to 1966. Its assessed value sits at $496,000.
The appeal here is a combination of newer construction and a lot size that stands out both on its street (top 16%) and in its neighbourhood (top 8%). While the living area is slightly below the street average, the land offers room that many nearby homes lack—something buyers looking for outdoor space or future expansion potential may find valuable. The property ranks in the top 27% for living space citywide and top 20% for assessed value, suggesting it offers above-average size and equity relative to the broader market.
This home would suit buyers who want a recently built home without a cookie-cutter lot size, or those who prioritize outdoor space over maximum interior square footage. It may also appeal to someone investing in a neighbourhood where land values are rising, given the lot’s relative scarcity in the area. The home’s mid-range street ranking for assessed value (top 45%) and newer build year make it a practical choice for a buyer looking for a balance of current comfort and long-term property growth.
Five Possible FAQs
1. How does the living area compare to other homes nearby?
The home’s 1,564 square feet is slightly below the street average of 1,800 square feet, putting it in the top 67% on Atlas Crescent. However, it’s above the citywide average of 1,342 square feet, so it’s a mid-sized home by Winnipeg standards.
2. Is the lot size unusual for this area?
Yes. The lot is 6,740 square feet, which is larger than the street average (5,254 sqft) and well above the neighbourhood average (3,839 sqft). It ranks in the top 8% of the area, making it a standout feature.
3. How old is the property, and how does that compare citywide?
The home was built in 2019. That places it in the top 4% of Winnipeg homes citywide in terms of newer construction—most homes in the city are much older, with an average build year of 1966.
4. What does the assessed value tell me about the property’s market position?
At $496,000, the assessed value is roughly in line with the street average ($509,600) but is above the neighbourhood ($442,900) and citywide ($390,100) averages. It ranks in the top 20% of Winnipeg, suggesting it holds above-average value relative to the broader market.
5. Who would this property not be a good fit for?
Buyers looking for the largest interior space on the street, or those who prefer a home with a very small, low-maintenance yard, might find it less suitable. Also, if you’re focused solely on resale value within this specific street, the ranking is middle-of-the-pack, so it may not be the top equity play in the immediate area.