Key Characteristics & Buyer Profile
This is a 2019-built, 1,496 sqft home on a 4,725 sqft lot at 228 Atlas Crescent. Its main strength is its age. Built in 2019, it ranks in the top 4% city-wide for newer construction, and sits on a lot that is significantly larger than the community average—ranking in the top 18% within West Kildonan Industrial. Living space is slightly below the street average but close to the neighbourhood and city norms. The assessed value (property tax base) is roughly in line with the community average, though noticeably above the city-wide average.
The appeal lies in the combination of a relatively new home with a generous, private lot—a pairing that is increasingly rare in this price range. Many newer developments sacrifice yard space, so this property offers a modern interior without the postage-stamp lot that often comes with it.
This property will suit buyers who want something move-in ready and structurally up to date (roof, mechanicals, insulation) but also value outdoor space. It is less suited for someone seeking the largest square footage on the street or a top-tier address within Atlas Crescent. It fits best for families or professionals prioritizing a newer build and a usable yard over street prestige.
Five Possible FAQs
1. How does the property tax assessment compare to similar homes nearby?
The assessed value is $440,000, which is just below the street average of $510,000 and almost exactly at the community average of $443,000. It is above the city-wide average of $390,000. This means your property taxes will be moderate within the neighbourhood.
2. Is the lot size considered large for a newer home in this area?
Yes. While the lot is slightly below the city-wide average (6,570 sqft), it ranks in the top 18% within West Kildonan Industrial, where the average lot is only 3,839 sqft. For a home built in 2019, this amount of yard space is a distinct advantage.
3. Why is the living space ranked lower on the street but average city-wide?
Atlas Crescent homes average 1,800 sqft, so this property’s 1,496 sqft is smaller than many of its direct neighbours. However, across all of Winnipeg, the average home is 1,342 sqft, so this property is actually above the typical city-wide footprint.
4. What does a “top 4%” ranking for build year actually mean in terms of condition?
It means this home is newer than 96% of all properties in Winnipeg. While the neighbourhood has a similar average build year (2019), the city-wide average is 1966. You can generally expect modern construction standards, better energy efficiency, and fewer immediate maintenance items compared to an older home.
5. Does a lower street ranking affect resale value?
Street rankings are mostly about relative size and price within a small group of immediate neighbours. A lower ranking for living area or assessed value on Atlas Crescent does not necessarily mean lower resale value—it simply reflects that the street has larger, pricier homes. The home’s overall value is better benchmarked against the broader neighbourhood and city, where it is very close to average.