112 Atlas Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 2019-built single-family home with 2,031 square feet of living space and a 4,722 sqft lot, located in the West Kildonan Industrial area of Winnipeg. What stands out most here is the living space: it ranks in the top 10% city-wide, and in the top 12% within its own neighbourhood. That means it’s noticeably bigger than most homes around it—both locally and across Winnipeg. The assessed value (for tax purposes) is $511,000, which sits slightly above the neighbourhood average but is still within a reasonable range for the size. The home was built in 2019, which puts it among the newest 4% of properties in the entire city, though it’s actually slightly newer than average for its own street and roughly on par with the surrounding community.

The lot size is modest relative to the street, ranking in the bottom third, but it’s above average for the neighbourhood. So while you’re not getting a sprawling yard, you’re getting more land than most nearby homes. This is a house that prioritises interior space and modern construction over outdoor land.

Where the appeal lies: For someone who values a newer, efficient home with generous square footage but doesn’t need a huge lot, this property delivers. It’s also worth noting that the assessed value, while above the community average, doesn’t seem inflated relative to the size—suggesting reasonable tax exposure for what you’re getting.

Who it suits: Buyers looking for a relatively recent build with strong interior space, possibly families who need room to spread out without paying for a premium lot. It could also appeal to someone moving from a larger city where 2,000+ sqft on a mid-sized lot in a newer home would cost significantly more. The rankings hint that this property offers above-average living space at a below-premium price point compared to similar homes in the region.

Five Possible FAQs

1. How does the property’s size compare to other homes on the street?
It’s bigger than most. On Atlas Crescent, it ranks 33rd out of 123 homes for living area—that’s in the top 27%. The street average is around 1,800 sqft, so this home is noticeably larger than its immediate neighbours.

2. Why is the assessed value higher than the neighbourhood average but lower than some might expect for a home this size?
The assessed value is $511,000, which is about 15% above the West Kildonan Industrial average of $443,000. But given that the living area is 28% above the neighbourhood average, the value per square foot is actually fairly reasonable. It suggests the assessment hasn’t fully caught up to the home’s size advantage, which could work in the buyer’s favour from a property tax perspective.

3. Is the lot size a drawback?
It depends on what you want. The lot is 4,722 sqft—on the smaller side for the street, where the average is 5,254 sqft, but well above the neighbourhood average of 3,839 sqft. So you’re not getting a huge yard by city standards, but you’re still getting more land than most nearby houses. If outdoor space matters less than indoor square footage, this isn’t a problem.

4. How does the home’s age affect its value?
Built in 2019, it’s newer than 96% of homes city-wide. That usually means better insulation, more modern systems, and fewer immediate repair needs. However, within the neighbourhood, the average build year is 2021, so it’s not unusually new for the area. The main advantage is compared to Winnipeg as a whole, where the average home was built in 1966.

5. How reliable are these rankings for making a purchase decision?
The rankings compare this property to others in the same street, neighbourhood, and city, based on public data like tax assessments and property records. They’re useful for seeing how a home stacks up in terms of size, age, and assessed value. But they don’t account for condition, finishes, layout, or renovations—so they’re a starting point, not the full picture.