159 Atlas Crescent – Property Summary
Key Characteristics & Buyer Profile
This 2019-built home offers 1,478 square feet of living space on a 4,855-square-foot lot, with an assessed value of $459,000. Its standout feature is age: built in 2019, it ranks in the top 4% citywide for newer construction, where the average home was built in 1966. This makes it significantly newer than most Winnipeg homes, which appeals to buyers who want modern build quality, energy efficiency, or low immediate maintenance without buying in a brand-new subdivision.
The living area is slightly below the street average (1,800 sqft) but above the citywide average (1,342 sqft). The lot size is above average for the neighborhood—ranking top 17%—though smaller than the citywide norm of 6,570 sqft. The assessed value is above average for both the neighborhood and city, reflecting the home’s newer construction and location.
The property’s appeal lies in its relative newness and strong lot size within the immediate area, rather than raw living space. It suits buyers who prioritize a newer home in an established neighborhood, who want a yard that’s generous by local standards but not oversized citywide, and who are comfortable with a home that’s slightly smaller than others on the same street but newer than almost anything else in the city.
Five Possible FAQs
1. How does this property compare to others on Atlas Crescent?
On the street, the home is smaller (bottom 93% for living area) and has a lower assessed value (bottom 76%) than average. However, it’s about average for year built and lot size. In short, it’s among the newer homes on the street but not the largest or most valuable.
2. Is the lot size considered small or large?
It depends on the comparison. Within West Kildonan Industrial, the lot is above average (top 17%). Citywide, it’s around average (top 59%), meaning it’s typical for Winnipeg but generous for the immediate neighborhood.
3. Why is the assessed value above the neighborhood average despite being below the street average?
The street average ($509,600) is driven by larger homes on Atlas Crescent. The neighborhood average ($442,900) includes a wider mix of properties, some older and smaller. This home’s newer construction lifts its value relative to the broader area, even if it doesn’t match the priciest houses on its own street.
4. How does the home’s age affect its practical appeal?
Built in 2019, the home is newer than 96% of Winnipeg properties. This typically means better insulation, modern plumbing and electrical, and fewer immediate repair needs. It also means the home is likely part of a newer development phase in the area, so the surrounding streets and infrastructure may be relatively recent as well.
5. What type of buyer would this home not suit?
Buyers looking for maximum square footage at a given price point, or those who prefer a larger lot for gardening, sheds, or expansion, may find the living area underwhelming compared to older homes nearby. It’s also not ideal for someone seeking a fixer-upper or a character home with mature landscaping.