Here is a clean, standalone summary of the property at 221 Atlas Crescent, formatted in two main sections.

Key Characteristics & Buyer Profile

This is a 2019-built home in Winnipeg’s West Kildonan Industrial neighbourhood. Its main draw is the combination of a newer build with a good amount of indoor space. The living area sits at 1,520 sqft, which is slightly below the average for its own street but notably above the citywide average (1,342 sqft). What really stands out is the age: in a city where the average home was built in 1966, this property ranks in the top 4% citywide for being newer. You’re essentially getting a modern build without the premium lot size usually associated with one. The lot is 4,015 sqft, which is smaller than most on its street and below the city average, so the space is concentrated indoors rather than in the yard.

Its appeal lies in the balance of modernity and value. The assessed value ($493k) is close to the street average ($509.6k) but significantly above the neighbourhood and city averages. This suggests the home is priced in line with its direct neighbours but holds a higher assessment relative to the broader area. For a buyer, this means you’re paying for a newer house that is well-positioned within its immediate block, but you’re not competing with the larger lots or older stock that define much of the city.

This property would suit buyers who prioritize efficiency and low maintenance over land size. It’s ideal for someone moving up from a starter home who wants a newer interior without paying a premium for a large yard. It would also work well for downsizers or investors looking for a relatively modern asset in a stable, industrial-adjacent residential pocket where the housing stock is older on average.

Five Possible FAQs

1. How does the lot size affect the property’s value or use?
The lot is 4,015 sqft, which is below average for its street (5,254 sqft) and well below the citywide median. This means less yard maintenance, which can be a plus, but it also limits future expansion or landscaping options. The home was built in 2019, so the house itself takes up a fair portion of the lot. It’s a straightforward, low-commitment yard for someone who isn’t looking for gardening space.

2. Why is the assessed value higher than the neighbourhood average but lower than the street average?
The street itself (Atlas Crescent) has a mix of homes, some likely larger or with higher land values, pulling the street average up to $509.6k. Your property sits slightly below that. However, compared to the broader West Kildonan Industrial neighbourhood (average $442.9k), this home is above average—primarily due to its newer construction and slightly larger living area relative to older homes in the area. You’re getting the benefit of a modern build without the top-tier street price.

3. Is West Kildonan Industrial a quiet residential area?
It’s a mixed-use neighbourhood with industrial and residential pockets. Being on Atlas Crescent, you’re in a residential stretch, but the area’s character is influenced by its proximity to light industrial zones. It’s generally quiet but not suburban-tranquil—think practical, accessible, and close to major routes. Homeowners here often value convenience over seclusion.

4. How does the living area rank compared to other homes built the same year?
The data doesn’t break it down that way, but it’s worth noting: at 1,520 sqft, this home is slightly under the street average (1,800 sqft) but above the citywide average. Since the home is newer (2019), its size is typical for a mid-range modern build—not oversized, but not cramped. If you’re comparing to other 2019 builds across Winnipeg, this is on the smaller side of the modern norm.

5. What’s the biggest risk or limitation of this property?
The most notable risk is the lot size and street ranking. The lot places in the bottom 11% on its own street (ranked 110 out of 123). In a market that often rewards larger lots, this could affect resale value if buyers in the area become more land-focused. Additionally, while the home is in the top 4% citywide for age, the neighbourhood itself is near industrial areas, which may not appeal to buyers seeking a purely residential, tree-lined setting.