341 Atlas Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a standout property in Winnipeg's West Kildonan Industrial area, built in 2021 with 2,560 square feet of living space on a 4,960-square-foot lot. Its assessed value of $776,000 places it at the top of its street and neighbourhood, outperforming 99% of comparable homes in both categories. Citywide, it ranks in the top 2% for living area and top 3% for assessed value.
The appeal lies in its combination of new construction and generous footprint. While many newer builds in the area sacrifice square footage for modern finishes, this home offers both. The lot is slightly undersized relative to the street average but still lands in the top 17% neighbourhood-wide, suggesting efficient use of space rather than sprawl.
This property suits buyers who want a recently built home without compromising on room dimensions—families needing substantial living space, professionals who prioritize move-in readiness, or anyone looking for a high-ranking asset in a less trendy but stable part of the city. It's not for those seeking a large yard or a prestige address; the value here is in the home itself, not the land or the street name.
Five Frequently Asked Questions
1. How does this home compare to others built in the same year?
It ranks top 6% on its street and top 2% citywide by year built, meaning it's among the newest homes overall. However, within its own neighbourhood, it's only top 29%—many nearby homes were also built in 2021, so it's not uniquely new in the immediate area.
2. Is the assessed value realistic for resale?
The assessed value of $776,000 is the highest on the street and in the neighbourhood. Assessments don't always match market value, but in this case, the rankings suggest strong comparability. The risk is that you're paying a premium for being top-ranked in a modest area—appreciation may depend on the neighbourhood catching up.
3. Why is the lot ranked lower than the house?
The lot is around average on the street (top 41%) and citywide (top 57%), while the house itself is elite in size and value. This is common for newer infill-style builds: the land is adequate but not exceptional. Buyers should expect a compact yard typical of recent construction, not sprawling grounds.
4. Is West Kildonan Industrial a good neighbourhood for families?
The area is mixed-use with industrial zoning nearby, which may not appeal to everyone. However, the property's elite ranking among 664 homes in the neighbourhood suggests it's one of the best residential pockets within that zone. Proximity to amenities and future development potential are worth investigating in person.
5. How does the living area compare to similar homes?
At 2,560 sqft, it's well above average at every level—street, neighbourhood, and city. The citywide average for comparable homes is just 1,342 sqft, so this is nearly double. For buyers accustomed to larger spaces, this home avoids the cramped feel of many newer builds.