Property Overview: 1057 Atlantic Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a distinct value proposition centered on its desirable location within the Robertson neighborhood. Its primary appeal lies in its assessed value of $331k, which ranks in the top 5% on its street and top 6% in the neighborhood. This indicates it is considered a premium property within its immediate area, likely due to factors like its lot size, condition, or specific location. The house itself is more modest in size at 822 sqft, which is below average for the street, city, and neighborhood, suggesting a efficient, lower-maintenance footprint. Built in 1956, it is newer than many area homes.

The property would suit value-conscious buyers seeking a strong position in a established neighborhood without requiring a large amount of interior space. It’s ideal for first-time buyers, downsizers, or investors who prioritize the land and location value over square footage. A thoughtful perspective is that this could be a "lot-value play" – the value is significantly driven by the land and location rather than the size of the home, offering potential for future expansion or simply a stable investment in a well-regarded local setting.

Section 2: Frequently Asked Questions

1. Why is the assessed value so high compared to the home's size?
The assessed value reflects the property's overall worth as determined by the city, considering location, lot size, building condition, and market trends. Its elite ranking on the street suggests attributes that are highly valued in that specific area, even if the living space is compact.

2. How does the sold price history help determine current value?
The property last sold between $250k-$300k in 2017. Comparing that to the current $331k assessment shows appreciation, but the true market value is determined by current conditions. The assessment is a key data point, but not a guaranteed sale price.

3. Is the below-average living area a major drawback?
It depends on your needs. For some, it means less space to maintain and heat. For others, it may feel cramped. The neighborhood and city averages include many larger homes, so "below average" here means it's a cozier dwelling on a potentially desirable street.

4. What does the "Around Average" land area mean?
With a 3,759 sqft lot, it is very typical for Atlantic Avenue itself but is below the wider neighborhood and city averages. This means you have a standard-sized yard for the immediate street, which may offer a good balance of outdoor space without excessive upkeep.

5. How can I get the exact historical sold prices?
Due to data licensing rules, exact sold prices are not published publicly on this site. You can request the exact figures via email using the provided form, and the team will manually retrieve and send the information to you.