40 Atlas Crescent

Here is a clean, standalone summary of the property at 40 Atlas Crescent, written for direct display on a webpage.

Key Characteristics & Who It Suits

This is a 2018-built home with 1,602 sqft of living space on a 4,985 sqft lot. Its most striking feature is its age. While newer homes are common on this street and in the West Kildonan Industrial neighbourhood, 2018 construction places it in the top 4% of all comparable homes citywide. Unlike many older, character-filled homes in Winnipeg, this property offers a modern build without being brand-new. The assessed value sits at $470,000—slightly below the street average but well above the citywide average for similar homes. The lot size is generous for the immediate neighbourhood (top 16%), though average by citywide standards.

The appeal lies in a specific trade-off: you get a newer home in an area where the average build year is older, without paying a premium for a custom or ultra-recent build. The living area is roughly average for its street but notably spacious compared to citywide norms (top 25%). This isn’t a showpiece or a fixer-upper; it’s a solid, practical newer house that stands out more for its timing than its size.

This property would suit buyers who want a move-in-ready home built this decade but are priced out of the very newest construction. It’s a good fit for someone who values a lower-maintenance property, prefers modern floor plans and systems, and sees more value in being newer than their neighbours than in being larger than them. First-time buyers looking for a long-term home, or downsizers wanting efficiency without an old house’s upkeep, would find it relevant.

Five Possible FAQs

1. The year built is 2018—is that actually considered “new” for this area?
Yes and no. On Atlas Crescent, the average home was built in 2019, so this one is a year older than the street norm. In the wider West Kildonan Industrial neighbourhood, the average is 2021. So locally, it’s slightly older than the newest stock. But citywide, it’s in the top 4% for newness—most Winnipeg homes are from the 1960s or earlier. What you’re getting is a modern home without paying a neighbourhood “new-build” premium.

2. The assessed value is $470k. How does that compare to similar homes nearby?
It’s below the average assessed value of $509.6k on Atlas Crescent, which suggests this home may be priced slightly lower or have less recent renovation value than immediate neighbours. However, it’s above the neighbourhood average of $442.9k. Citywide, it sits in the top 25%, meaning it’s a relatively high-value property compared to most Winnipeg homes. The value aligns more with the city than the street.

3. Is the lot size (4,985 sqft) a drawback or a bonus?
It depends on your expectations. For the street, it’s smaller than average (5,254 sqft), so your neighbours likely have slightly larger yards. But within the West Kildonan Industrial neighbourhood, where lots average just 3,839 sqft, this is a large lot (top 16%). Citywide, it’s typical. So if you want room for a garden or a garage addition relative to the immediate area, this lot is generous; if you want a sprawling suburban yard, you might find it average.

4. Why is the ranking sometimes “Around Average” and sometimes “Elite”?
The rankings compare the property to three different groups: the street, the neighbourhood, and the city. This home is around average for its street and neighbourhood in terms of size and value. But because Winnipeg has a large stock of very old homes, being built in 2018 makes it elite citywide (top 4%). The lot, by contrast, is just average citywide (top 57%), because many suburban homes have much larger lots. Each metric tells a different story depending on the scale you use.

5. What does the “Open neighbourhood map analysis” link show?
That link loads an interactive map where you can see this property and its immediate neighbours side-by-side. It displays each home’s year built, living area, assessed value, and lot size. This is useful for a quick visual check—for instance, to see why the street average for year built is 2019 (maybe a few newer infills nearby) or to spot if your lot is actually one of the bigger ones on the block. It’s a reality check beyond the numbers.