233 Atlas Crescent – Property Summary

Section 1: Key Characteristics & Buyer Profile

This is a 1,602 sqft home built in 2020 on a 4,014 sqft lot. Its strongest feature is its age—it ranks in the top 3% citywide for newer construction, meaning it beats 97% of comparable Winnipeg homes in terms of build year. The living area and assessed value ($500k) both land above average citywide (top 25% and top 20%, respectively), while the lot size is smaller than typical for the street and the city.

The appeal is in the balance between modern construction and a location that’s not the most expensive on its block. On Atlas Crescent, the home’s assessed value sits around the middle (51st out of 123), but it jumps well above average compared to the broader West Kildonan Industrial neighbourhood and the city. This suggests the street itself carries a slightly higher baseline, and this property offers a newer build without paying the street’s top price. The lot is notably compact relative to neighbours—this could matter for buyers wanting less yard maintenance or who prioritize interior space over outdoor land.

This property would likely suit: a buyer who wants a relatively new home without the premium of a brand-new build, someone who values modern construction and doesn’t need a large yard, or a buyer looking for a home that ranks well on age and value compared to older stock in the area. It may also appeal to those targeting West Kildonan Industrial for its convenience, without seeking the largest properties on the street.

Section 2: Five Possible FAQs

1. How does this property compare to others on Atlas Crescent specifically?
On its own street, the home is roughly average for living area and assessed value, but it’s newer than most (top 13% on the street for build year). The lot is on the smaller end—113th out of 123 homes—so it stands out for being a newer, smaller-footprint option among larger, older lots.

2. Is a smaller lot a drawback in this neighbourhood?
It depends. Within West Kildonan Industrial, the lot size is around average (top 43%), so it fits the local pattern. Citywide, lots here tend to be smaller than Winnipeg’s typical 6,570 sqft average. If you’re used to suburban sprawl, it may feel tight, but it’s consistent with the immediate area and reduces outdoor upkeep.

3. Why is the assessed value higher than the neighbourhood average but mid-range for the street?
The neighbourhood average ($442.9k) includes a wider mix of homes, many older or in less central pockets. Atlas Crescent tends to have pricier homes ($509.6k average), so this property sits near that street average. The value reflects the newer construction and location rather than being an outlier.

4. How reliable are the ranking comparisons?
The rankings are based on comparable homes in each group—street, neighbourhood, and citywide. The bars and percentiles show how this property stacks up against similar properties in those areas. Citywide rankings (top 3% for year built, top 25% for living area) are broad but useful for context. Street-level rankings are more telling for immediate resale value.

5. What does “top 3% citywide for year built” actually mean in practice?
It means this home was built more recently than 97% of comparable Winnipeg homes. Since the average build year citywide is 1966, a 2020 construction date is a significant advantage for insulation, building codes, and mechanical systems. You’re unlikely to face the same immediate maintenance or retrofit needs as older homes in the city.