207 Atlas Crescent – Property Summary
Key Characteristics & Appeal
This is a 2019-built home with 1,498 sqft of living space on a 4,014 sqft lot, located on Atlas Crescent in Winnipeg’s West Kildonan Industrial area. The property ranks at street level as below average in both living area and lot size compared to neighbours, but its assessed value ($458k) and year built are more competitive citywide—sitting in the top 27% and top 4% respectively across Winnipeg.
The appeal here is less about standout specs and more about relative value and timing. The home is new enough to avoid many older-home maintenance issues, but its street-level ranking suggests it may be priced below some of the larger or more recently built homes on Atlas Crescent. For a buyer who wants a newer home in a decent neighbourhood without paying a premium for the biggest lot or most square footage on the block, this could be a practical fit. It’s not the flashiest option on the street, but it’s solidly middle-of-the-pack at the neighbourhood level, which often means more reasonable competition and fewer bidding wars.
This property would suit buyers who prioritize a recent build and a stable, established area over maximum space or a large yard. It may also appeal to someone looking for a home that’s newer than the citywide average (1966) by a wide margin, without reaching into the top-tier price brackets.
Five Possible FAQs
1. How does the lot size compare to other homes in the area?
The lot is 4,014 sqft, which is smaller than the street average of 5,254 sqft and ranks near the bottom of Atlas Crescent (top 92%). However, it’s close to the neighbourhood average of 3,839 sqft, so it’s typical for West Kildonan Industrial.
2. Is this property considered overpriced compared to its street?
The assessed value is $458k, which is below the street average of $509.6k. It ranks 77th out of 123 homes on Atlas Crescent, meaning it’s on the lower end for the street—not overpriced relative to neighbours, but not a bargain either.
3. How old is the home, and is that a concern?
Built in 2019, it’s one of the newer homes on Atlas Crescent (top 37% on the street) and among the newest citywide (top 4%). No major aging issues expected, but it’s worth checking for any early settling or builder-related quirks common in homes under five years old.
4. Is this a good investment for resale value?
The home is newer than most in the city and priced below its street average, which could provide some upside if the area appreciates. But its smaller lot and living area relative to neighbours may limit how much it outpaces street growth over time.
5. How does the neighbourhood compare to the rest of Winnipeg?
West Kildonan Industrial is around average for living area and lot size, and slightly below average for newer builds (average year built is 2021). Citywide, the home ranks well for year built (top 4%) and assessed value (top 27%), but lot size is below median. It’s a middle-ground neighbourhood with a newer home that stands out more at the city level than on its own street.