Key Characteristics & Ideal Buyer Profile
This is a 2019-built, 2,044 sqft home on a 4,370 sqft lot in the West Kildonan Industrial area of Winnipeg. Its main draw is size. The living area ranks in the top 10% city-wide and top 12% for the neighbourhood, putting it well above the local average of 1,591 sqft. The assessed value of $514,000 is also above the neighbourhood average of $443,000, and the home is among the newest in the city (top 4% city-wide for build year). The trade-off is the lot: it's smaller than most on Atlas Crescent (ranking 85th out of 123) and slightly below the city average, though it's close to the community average of 3,839 sqft.
The appeal here is straightforward: a relatively new, spacious house without the premium of a large yard. It suits buyers who prioritize interior square footage and modern construction over outdoor space. This could be a family wanting room to grow, someone downsizing from a larger lot who still wants plenty of indoor space, or a buyer looking for a newer build in an established neighbourhood without searching in the newest suburban developments. It’s a practical property that offers above-average size at a value point that matches its street, but outstrips its wider community.
Five Possible FAQs
1. How does this property compare to others on Atlas Crescent specifically?
On its own street, this home is slightly above average in living area (31st of 123) and has an assessed value close to the street average of $510,000. Its build year is also in line with most homes here. The main difference is the lot size, which is about 900 sqft smaller than the street average. So, you get comparable house size and age for a similar assessment, but on a smaller piece of land.
2. Why is the lot size smaller than the street average but close to the community average?
Atlas Crescent appears to have larger lots than the typical property in the broader West Kildonan Industrial area. While this home’s lot (4,370 sqft) is below the street norm (5,254 sqft), it's actually slightly above the community average (3,839 sqft). This means the lot is small for the street, but standard or even a bit generous for the neighbourhood.
3. The assessed value is above the community average—does that mean it's overpriced?
The assessed value of $514,000 is $71,000 above the community average. This likely reflects the home being newer and having more living space than many other properties in West Kildonan Industrial. It's not necessarily overpriced; the assessment suggests the market sees the extra square footage and modern construction as worth the premium over the local baseline. You are paying for more house and newer age.
4. Is a 2019 build considered very new for Winnipeg?
Yes, quite new. Most homes in Winnipeg were built much earlier. This property ranks in the top 4% city-wide for newness, with the city average build year being 1966. While it's not the newest home in its immediate community (where some homes are from 2021), it’s significantly newer than the vast majority of houses for sale across the city.
5. What does the "progress bar" and ranking data actually tell me?
The data compares this home to others at three levels: its street, its community, and the entire city. The rankings and progress bars show how it stacks up for each metric (size, value, age, lot). For example, a top 10% city ranking for living area means it is larger than 90% of all homes in Winnipeg. The progress bar visual shows the percentage of comparable homes this property outperforms. It gives a quick sense of whether a feature is a major strength (e.g., size/new) or a relative weakness (e.g., lot size).