7 Atlas Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 2021-built, single-family home with 1,917 sq. ft. of living space on a 7,952 sq. ft. lot. It ranks in the top tier across all four key metrics—size, age, land, and assessed value—both on its street and within the broader Winnipeg market.
- Living space is roughly 9% above the street average and 43% above the city average.
- Land size is 51% above the street average and about 21% above the city average.
- Assessed value places it in the top 5% citywide, reflecting a strong combination of newer construction, larger footprint, and desirable lot.
- Build year puts it in the top 2% citywide, meaning it’s significantly newer than most Winnipeg homes (median build year is 1966).
The appeal here is straightforward: this property stands out for its relative newness and generous proportions in a market where older, smaller homes are the norm. It’s well-suited for buyers who want a move-in-ready home that doesn’t require immediate updates, and who are willing to pay a premium for size and a modern build. That said, being ahead of the curve on assessed value also means property taxes will reflect that—something to factor into monthly carrying costs. It would suit families or professionals looking for space indoors and out, within a neighborhood where comparable newer builds are less common.
Five Frequently Asked Questions
1. How does the property tax compare to other homes in the area?
Assessed value is $653,000—within the top 5% citywide and well above both the street and neighborhood averages. So property taxes will be higher than most nearby homes. Keep in mind that assessments are based on market conditions at a given point in time, so actual tax rates are set annually by the city.
2. Is the neighborhood established or still developing?
West Kildonan Industrial is a mixed area, but based on the data, newer homes like this one are not the norm—your home would rank in the top 2% citywide for age. That means the surrounding homes are likely older, and the neighborhood character is more established than newly built subdivisions. This can be a pro or con depending on your preference for mature trees versus uniform new construction.
3. How does the lot size actually feel in practice?
At nearly 8,000 sq. ft., it’s a notably large lot for the street and especially for the neighborhood. It would allow for a sizeable backyard, possibly room for a garden, shed, or future addition, depending on zoning. But it's still within typical city lot ranges—not estate-sized. Worth checking actual setbacks and usable yard area in person.
4. What would typical ongoing maintenance involve for a home built in 2021?
A home this new should have sound structural systems, modern insulation, and efficient windows. Minor issues are still possible—settling cracks, landscaping maturity, appliance warranty expirations—but major systems (roof, HVAC, foundation) should have many years of service life left. The main thing to budget for would be regular upkeep, not replacement.
5. How does this home compare to others currently on the market in Winnipeg?
On paper, it’s a strong outlier. Most Winnipeg homes are older, smaller, and on smaller lots. Very few listings combine a 2021 build with nearly 2,000 sq. ft. of living space and a lot over 7,500 sq. ft. That uniqueness is a double-edged sword: it’s hard to find direct comps, which can make pricing feel less transparent, but it also means less competition from similar listings.