1081 Atlantic Avenue

Property Overview & Key Characteristics

This one-and-a-half storey home on a large 5,721 sqft lot in Robertson presents a solid, value-oriented opportunity. Built in 1955, its key appeal lies in its generous land size, which ranks in the top 2% for its street, offering ample outdoor space and future potential in a mature neighbourhood. With 1,027 sqft of living space, a detached garage, and an unrenovated basement, it is a property defined more by its foundational assets than by finished luxury.

Its primary appeal is for the practical buyer or investor who sees value in land and location over immediate move-in readiness. It would suit a handy first-time buyer comfortable with gradual updates, an investor looking for a long-term hold in a stable area, or someone seeking a manageable home with one of the larger lots available on the block. The assessed value of $270k positions it as a more accessible entry point compared to some nearby properties, suggesting room to add value through thoughtful improvements. A less obvious perspective is that the highly-ranked lot size on a well-established street could offer future flexibility—whether for gardening, expansion, or simply enjoying more private outdoor space than is typical in the area.

Frequently Asked Questions

1. What does "unrenovated basement" typically mean for a home of this era?
It generally indicates the basement is in original or functional condition, with finished areas likely limited to basic paneling or drywall. It may house the mechanical systems and provide ample storage or utility space, but will require updating to become a modern living area.

2. How significant is the lot size compared to nearby homes?
Very. At over 5,700 sqft, the lot is notably larger than many in Winnipeg and ranks in the 98th percentile for Atlantic Avenue. This is a standout feature, providing more yard space and potential than most comparable properties.

3. What is the neighbourhood of Robertson like?
Robertson is a long-established, no-frills residential area in Winnipeg's north end. It offers affordability and convenience, with a mix of well-kept and dated homes. It's a practical choice for those prioritizing value and lot size over prestige.

4. The assessed value is $270k, but what are similar homes selling for?
The provided comparisons show nearby homes with similar living area have recent assessed values ranging from roughly $250k to $370k. This suggests the asking price is likely competitive within that spectrum, but final sale prices depend on condition, updates, and market timing.

5. Is the detached garage a standard feature?
In this neighbourhood and for homes of this vintage, a detached garage is common. It provides secure parking and storage but may require attention or updates, similar to the main house. Its presence is a practical asset.