Key Characteristics & Appeal
This property is a 2019-built home with 1,591 sq ft of living space on a 4,723 sq ft lot. Its main selling point is its age: built in 2019, it ranks in the top 4% city-wide for newer construction, where the average home was built in 1966. The living space is slightly smaller than the street average (1,800 sq ft) but sits comfortably above the city average (1,342 sq ft), placing it in the top 26% city-wide. The assessed value is $467,000, which is in line with the immediate community but above the city average of $390,000. The lot size is larger than most in the surrounding community (top 22%), though it’s on the smaller side compared to the street and city-wide averages.
The appeal lies in getting a relatively new home in a well-established city without paying a premium for the newest community. This house is newer than the vast majority of Winnipeg’s housing stock, but it sits on a street where homes are slightly older and larger, and in a community where the average home was built just two years later. That creates a subtle advantage: you get a modern floor plan and build quality without being in a brand-new subdivision where lots are often smaller and prices are pushed up by demand for the newest builds.
It would suit buyers who want something move-in ready and low-maintenance from a construction standpoint, but who prefer an established neighbourhood with mature surroundings over a greenfield development. It’s also a good fit for someone who wants decent square footage and a solid lot for the city without overshooting budgets in pricier newer areas. It is less suited for buyers seeking a large lot, a sprawling home, or a property that stands out as the biggest or most expensive on its street.
Five Possible FAQs
1. How does the property’s size compare to other homes around it?
The living space is about 200 sq ft smaller than the average home on Atlas Crescent, but that street average is higher than the community average. On the street, it ranks in the middle of the pack. If you’re comparing to the broader area or city, it’s above average—top 25% city-wide for living space and top 22% in the community for lot size.
2. Is the assessed value a good indicator of market price?
Assessed value is used for property tax calculations and is based on market conditions at a specific point in time. It is not the same as an asking price or appraised value. This home’s assessment is close to the street and community averages, meaning it’s not out of step with its immediate area. It’s best used as one reference point alongside recent sale data.
3. How does a 2019 build compare to older homes in terms of upkeep?
A home built in 2019 will typically have a newer roof, furnace, windows, and electrical systems, which can mean fewer immediate repairs. However, it’s not brand-new, so it’s worth checking the age of major systems and any warranty that may have transferred. Compared to the city average home from 1966, the long-term maintenance outlook is more predictable, but you may still face normal wear-and-tear from five-plus years of use.
4. Why is the lot size ranked differently across street, community, and city?
The rankings reflect different peer groups. On Atlas Crescent, lots tend to be larger on average (5,254 sq ft), so this lot sits near the middle. In the surrounding community, lots are smaller on average (3,839 sq ft), making this one of the larger lots there. City-wide, lot sizes vary widely, and this size falls near the average. In short: it’s a decent-sized lot for the neighbourhood, but not oversized for the street or the city overall.
5. What should I know about the neighbourhood (West Kildonan Industrial)?
Despite the “Industrial” label, this is largely a residential area with a mix of older and newer homes. It is not a high-density or commercial zone. The area offers proximity to the Red River, parks, and major routes like Main Street and the Perimeter Highway. Homes here tend to be slightly newer than the city average, and lot sizes are generally more generous than in closer-in neighbourhoods. It’s a quieter, established area without the premium pricing of higher-demand districts.