54 Atkinson Road – Property Overview
Key Characteristics & Ideal Buyer Profile
This is a 1973-built home with 1,017 sqft of living space on a 4,996 sqft lot, assessed at $345,000. The property sits in Winnipeg’s Westdale neighbourhood. Its standout feature is the year built: it’s the newest home on its street (ranked 1 out of 26) and among the newer homes in the broader neighbourhood. This means fewer deferred maintenance issues typical of older stock, and construction that aligns with modern building codes and materials.
The assessed value is above the neighbourhood average ($307,400) but below the citywide average ($390,100), which suggests the home holds its value well locally without being overpriced relative to the wider market. The living area and land are slightly below street averages, so it’s a compact property by local standards—not ideal for someone needing serious square footage or a large yard, but efficient and manageable.
Who it suits: First-time buyers or downsizers who prioritize a newer build, lower upkeep, and a solid location over raw space. Also appropriate for investors looking for a property with good value retention in a stable middle-tier neighbourhood. Not suited for buyers seeking a large lot or expansive living area—the rankings show both are below the street median, so comps in the immediate area tend to be roomier.
Five Possible FAQs
1. How does this home compare to others on Atkinson Road specifically?
It’s the newest home on the street, but it has less living space and a smaller lot than most neighbours. The assessed value is slightly above the street average ($345K vs. $342K), so you’re paying a modest premium for the newer construction.
2. Is Westdale generally considered a strong neighbourhood for resale value?
Yes—the home’s assessed value ranks in the top 30% of the neighbourhood, and the average assessment in Westdale ($307K) is noticeably lower than this property’s valuation. That suggests homes here tend to be more affordable, and this one is on the higher end, which can be a plus for future resale if the area continues to appreciate.
3. The land is below average—does that mean the yard is very small?
Relative to other homes on the street, yes. At 4,996 sqft, it’s about 7% smaller than the street average. But neighbourhood and citywide averages aren’t dramatically larger either (5,168 and 6,570 sqft). It’s a modest, low-maintenance lot, not a postage stamp.
4. Was 1973 a good year for Winnipeg home construction?
Homes from the early-to-mid 1970s in Winnipeg generally benefit from better insulation standards than houses from the 1960s or earlier, and they often use more durable materials than some late-70s builds. You’ll likely see fewer asbestos concerns than in pre-1960 homes, but it’s still worth checking for original plumbing or wiring updates.
5. How should I interpret the “Top 73%” living area ranking on the street?
That means 73% of comparable homes on Atkinson Road have a larger living area. In other words, this is a smaller home for the street. If you’re comparing to citywide numbers, it’s in the top 72%—so it’s slightly below average overall, but not unusually tiny. It’s a manageable footprint, not a cramped one.