156 Atlas Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1,475-square-foot home built in 2019, sitting on a 4,723-square-foot lot. The assessed value is $438,000.
The property’s strongest feature is its age. It ranks in the top 4% citywide for newer construction, which is notable in a market where the average home was built in 1966. The land is also generous relative to the immediate neighbourhood—it’s in the top 22% for lot size within West Kildonan Industrial, even though it’s slightly undersized compared to other homes on Atlas Crescent itself.
Where it falls short: living area and assessed value are both below average on this street. The house is smaller than many of its neighbours (the street average is 1,800 sqft), and its assessed value reflects that. But relative to the wider city, the home is around average in size and slightly above average in value.
Who it suits: Buyers who want a newer house with a decent-sized lot in a well-established area. This isn’t a “best on the block” property—it’s a practical home that avoids the oldest housing stock and the smallest lots common in central Winnipeg. First-time buyers or downsizers who prioritize a modern build over square footage would find it sensible. It also works for someone who wants to avoid a fixer-upper without paying for a premium interior finish.
Frequently Asked Questions
1. How does the living area compare to other houses on this street?
It’s below average. Most homes on Atlas Crescent are around 1,800 sqft, so at 1,475 sqft, this property is on the smaller side. However, it’s still larger than the typical citywide home (1,342 sqft average).
2. Why is the assessed value lower than the street average?
The street has several larger and presumably more upgraded homes, pulling the average value up to $509,600. This house is valued at $438,000, which ranks it lower on Atlas Crescent but above average compared to all Winnipeg homes.
3. How old is the property, and how does that affect maintenance?
It was built in 2019, so it’s roughly five to six years old. Most major systems (roof, HVAC, plumbing) should have plenty of life left. It’s one of the newest homes in the city, especially compared to the 1966 citywide average.
4. Is the lot size a selling point?
It depends on the comparison. On Atlas Crescent, it’s slightly smaller than typical. But within the broader West Kildonan Industrial area, lots here are well above average—4,723 sqft vs. a neighbourhood average of 3,839 sqft. So you get more yard than most nearby homes, just not more than your immediate neighbours.
5. How does this property perform in terms of future resale?
That’s hard to predict, but the new build status should hold its value better than much older homes, at least in the near term. The smaller living area on a street of larger homes could be a mild disadvantage if the neighbourhood continues to attract buyers seeking maximum space. However, newer homes on good-sized lots in established areas tend to be resilient.