284 Atlas Crescent – Property Summary

Key Characteristics & Buyer Profile

This property is a 2019-built home with 1,870 sq ft of living space on a 5,642 sq ft lot. Its strengths are not dramatic, but they are solid and well-rounded. The house is newer than nearly all comparable homes across Winnipeg—ranking in the top 4% citywide for build year—which means less immediate maintenance and more modern construction standards. The lot is generous for both the street and the neighbourhood, placing it in the top 20% on Atlas Crescent and the top 10% within West Kildonan Industrial.

Its assessed value sits slightly above the neighbourhood average but below the street average, which suggests it may offer better value relative to its immediate neighbours. Living space is above average locally and citywide, but not oversized—just comfortably larger than typical.

The appeal lies in its balance: it’s a newer home in an established area, with a bigger lot than most nearby properties, without commanding a premium that outstrips its comparables. This property would suit a buyer looking for a turnkey family home in a quieter residential pocket—someone who wants modern efficiency and space to spread out, but isn’t chasing prestige finishes or a flashy address. It’s a practical purchase for someone who values construction quality and land over trend or status.

Five Possible FAQs

1. How does this property compare to newer homes being built elsewhere in the city?
It’s not the newest possible build—the neighbourhood average is 2021—but 2019 is still very recent by Winnipeg standards. The key difference is that this home is built on an established lot and street, where newer developments often have smaller lots. You’re getting both a modern house and a larger piece of land.

2. The assessed value is above the neighbourhood average but below the street average. What does that mean in practice?
It suggests that homes on this particular street tend to be assessed a bit higher—likely due to size or features. Your property is valued slightly less than the street norm but is larger in living area and land, so it stands out as a relatively good buy within that specific block. Your property taxes reflect that middle position.

3. Is the lot size a benefit or a limitation?
It’s a clear benefit within the neighbourhood—the top 10% of lots in West Kildonan Industrial. Citywide it’s only average, but that’s because older suburban homes often sit on much bigger plots. For a 2019-built home, a 5,642 sq ft lot is actually generous; many newer builds in Winnipeg are shoehorned onto smaller lots.

4. What are the likely drawbacks compared to an older but recently renovated home?
Older homes often have character finishes, mature trees, and deeper lots. This home trades that for newer foundations, better insulation, and modern floor plans. The trade-off is predictability: you’re less likely to discover surprise issues in a 2019 home, but you also have less room to add value through cosmetic upgrades.

5. Why is the property ranked “average” on its street for living space but “above average” in the neighbourhood and city?
The street itself has larger-than-average homes. The neighbourhood (West Kildonan Industrial) has more smaller, older houses mixed in, so this property stands out more at that level. Citywide, the average is even smaller, so it ranks well there too. Context changes the picture, and this home looks strongest when compared beyond its immediate neighbours.