172 Atlas Crescent

172 Atlas Crescent – Property Summary

Key Characteristics & Buyer Profile

This home at 172 Atlas Crescent is a 2019-built property with 1,564 square feet of living space on a 4,724-square-foot lot. Its assessed value is $473,000.

The property’s strongest selling point is its age. Built in 2019, it ranks in the top 4% citywide for newer construction—a meaningful advantage in a market where the average home was built in 1966. You’re getting a relatively modern house without paying a premium for brand-new construction.

Where the property is more average is its size and value relative to its immediate street. On Atlas Crescent, the home is slightly smaller than the street average (1,800 sqft) and sits below the median assessed value ($509.6k). But zoom out to the neighborhood and city levels, and the picture shifts. Within West Kildonan Industrial, the home’s lot is significantly larger than the neighborhood average (3,839 sqft vs. 4,724 sqft), and its assessed value is above the neighborhood median of $442,900. Citywide, both the living area and assessed value land in the top third of all comparable homes.

The land-to-house ratio is worth noting. A 4,724-square-foot lot paired with a 1,564-square-foot house means there’s decent yard space, especially relative to newer infill builds in the area that often sit on smaller parcels. For someone who wants a newer home but doesn’t want to feel cramped on the lot, this hits a practical middle ground.

Who it suits: Buyers who prioritize a newer build in an established area, want a manageable but not tiny yard, and are comfortable with a home that’s average-sized for its street but slightly larger than the city norm. It’s less suited for someone who needs the biggest house on the block or wants a city-centre lot size.

FAQs

1. How does the property compare to others on Atlas Crescent itself?
On this street, it’s around average across all metrics. Slightly smaller than the typical home (1,564 sqft vs. 1,800 sqft avg), slightly below the median assessed value, and built in the same year as the street average. The lot is slightly smaller than the street average (4,724 sqft vs. 5,254 sqft). It doesn’t stand out on its street, but it doesn’t lag far behind either.

2. Is the assessed value of $473,000 a fair estimate?
The assessment ranks in the top 24% citywide and sits above the neighborhood average ($442,900). For a 2019 home with above-average living area compared to the city, this seems reasonable. Keep in mind assessment and market value aren’t the same—this is a benchmark used for property taxes, not a market appraisal. You’d want a comparative market analysis to set an offer.

3. What’s the deal with the land area being above average in the neighborhood but below average citywide?
It reflects the fact that West Kildonan Industrial has smaller lots on average (3,839 sqft), likely due to newer subdivisions with tighter spacing. Citywide, the average lot is much larger (6,570 sqft), so this property’s 4,724 sqft is modest by that standard. For a buyer, the neighborhood comparison matters more—you’re getting a bigger-than-typical yard for this area.

4. Why is the neighborhood average year built (2021) newer than this home (2019)?
That means a significant share of homes in West Kildonan Industrial were built after 2019. This property is a few years older than some of its immediate neighbors, but still very new by Winnipeg standards (citywide average is 1966). The home is part of the newer wave of construction in the area, just not the very latest.

5. What does the “rank by” and “bar” notation mean in the raw data?
The rankings compare this property to all comparable homes at the street, neighborhood, and city level. A higher rank (closer to #1) is better. The bar fill shows roughly what percentage of properties you outperform. The color tier (red/blue/amber/gray) is just a visual cue for how strong the rank is—it’s not a prediction of value. The “Avg” is a rough median for that scope, not the mean.