171 Atlas Crescent – Summary
Key Characteristics & Buyer Profile
This is a 1,550-square-foot home built in 2020, with a 4,128-square-foot lot and an assessed value of $471,000. Its strongest feature is the year built: it ranks in the top 3% citywide in Winnipeg for newer construction, and is among the newest homes on Atlas Crescent itself. The living area is slightly below the street average but above average for the city, meaning you get a reasonably sized home in a modern build. The assessed value is around average for the street and neighbourhood, but above average citywide—suggesting the property holds its value well relative to older stock.
The lot is smaller than typical for Atlas Crescent and citywide, which may limit expansion or yard space but keeps maintenance low. The appeal here is efficiency and newer construction standards, rather than land or prestige. This property suits a buyer who prioritizes a move-in-ready, energy-efficient home from the 2020s, with less concern for a large yard or street-level curb appeal. It works especially well for first-time buyers, downsizers, or anyone who values low upkeep and modern finishes over older, character-rich homes that often require renovation.
Frequently Asked Questions
1. How does this home compare to others on Atlas Crescent?
It's among the newest on the street—ranking 16th out of 123—but the living area is below the street average (1,550 sqft vs. 1,800 sqft average). The assessed value is close to the street median, so you're paying around market rate for a newer, slightly smaller home on a smaller lot.
2. Is the lot size a dealbreaker for families?
At just over 4,100 sqft, the lot is smaller than both the street average (5,254 sqft) and the citywide average for comparable homes. It's fine for limited outdoor space but won't accommodate a large garden, playset, or future extension easily. Families who want a big backyard should look elsewhere.
3. Why is the assessed value lower than the street average but higher than the city average?
The street has older, larger homes with higher assessments. Meanwhile, the citywide average includes many older and smaller homes in less expensive areas. This property sits in the middle: a newer, medium-sized home in a moderately valued neighbourhood.
4. How energy-efficient is a home built in 2020?
Homes from that period generally meet modern building codes with better insulation, windows, and HVAC systems compared to older stock. You can expect lower utility bills and fewer immediate maintenance issues, but specific efficiency ratings aren't provided here—check with the seller for details.
5. Should I be concerned that the home ranks low for lot size on this street?
Only if you plan to add square footage or need substantial outdoor space. The smaller lot keeps the yard manageable, which many buyers appreciate. It also means less snow clearing and mowing. The trade-off is that the property may appreciate more slowly than larger-lot homes in the same area, since land is often the primary driver of long-term value.