197 Atlas Crescent – Property Summary

Key Characteristics, Appeal & Target Buyer

This 2019-built home at 197 Atlas Crescent offers 1,498 sq ft of living space on a 4,014 sq ft lot, with an assessed value of $489,000. Its strongest asset is the building age relative to the city: constructed in 2019, it ranks in the top 4% of homes citywide for newness, while the citywide average build year is 1966. The home’s living area sits slightly below the street average (1,800 sq ft) but near the community and city averages—meaning it’s a typical size for its setting, not oversized. The lot is on the smaller side for the street (top 92%) but more in line with the broader community.

The appeal here is in the balance of a newer home without a premium price tag. The assessment is above both the community and city averages, but still within a realistic range for a modern build in this area. This isn’t a standout in terms of square footage or land, but it delivers a recent construction in a neighbourhood where most homes are decades older. That makes it a practical choice for someone who values a move-in-ready, low-maintenance property over space or a big yard. It would suit first-time buyers looking for a newer home in a more established area, downsizers wanting modern efficiency without a condo, or anyone who prioritises energy performance, layout, and reduced renovation risk over sheer size.

Five Possible FAQs

1. How does this home compare to others on Atlas Crescent?
It’s one of the smaller homes on the street both in living area and lot size, ranking in the bottom 12% for living space and bottom 8% for land. However, it’s newer than about two-thirds of the homes on the street and its assessed value is close to the street average, suggesting strong relative value.

2. Is the property taxed higher because it’s newer?
The assessed value is above both the community and city averages, which does mean higher property taxes compared to an older home of similar size. But the assessment is still within a reasonable range—this isn’t a luxury-tier tax bracket—and reflects the home’s modern build rather than any unusual features.

3. What’s the neighbourhood like in terms of home ages and upkeep?
The community (West Kildonan Industrial) has an average build year of 2021, so this home is slightly older than the local norm, but not by much. The area includes a mix of newer infill and older stock, so you’re getting a relatively modern home in a neighbourhood that’s seeing ongoing development rather than one that’s entirely established or entirely new.

4. Would this property work for someone looking for a large family home?
Unlikely. At 1,498 sq ft on a smaller lot, it’s more suitable for a couple, small family, or single person who wants a manageable space. The interiors would need to be efficient to feel roomy, and the yard is modest—fine for a dog or small garden, but not for extensive outdoor entertaining.

5. Is the lot size a disadvantage compared to other homes in the area?
It depends on what you want. The lot is below average for the street and city, but close to the community average. If you’re after privacy, a large backyard, or room to expand, this isn’t it. If you prefer less yard maintenance or a more compact footprint, it’s actually an advantage—less time and money spent on landscaping and snow removal.