Property Summary: 260 Atlas Crescent

Key Characteristics & Buyer Profile

This is a newer single-family home in Winnipeg’s West Kildonan Industrial neighbourhood, built in 2020. The living area is 1,842 sqft—slightly above the street average and meaningfully larger than both the neighbourhood and citywide norms for comparable homes. The lot is 5,020 sqft, which is typical for the street but well above what’s common in the surrounding area, giving it more outdoor space than many nearby properties.

The assessed value sits at $493k. On Atlas Crescent, that’s just below the average, but in the broader neighbourhood and citywide context, it ranks well above typical values. This suggests the home is priced relative to its street but represents a higher-end option for buyers looking in West Kildonan or across Winnipeg.

The home’s strongest point is its age. A 2020 build puts it in the top 3% citywide—rare for Winnipeg, where the median comparable home was built in 1966. This means newer construction standards, better energy efficiency, and lower immediate maintenance concerns.

Who it suits: Buyers who want a relatively new home with a decent-sized lot in a stable, established neighbourhood. It’s not a flashy or unique property within its street, but it offers a clean, modern baseline that outperforms most of the city. People upgrading from an older home or relocating from another city who want something move-in ready without a premium street address will find this appealing. It also works for those who value yard space over living square footage, since the lot is proportionally generous relative to the house.

Five Possible FAQs

1. How does this home compare to others on Atlas Crescent?
It’s right around the middle. The living area is average for the street, the lot size is average, and the assessed value is slightly below the street average. The main differentiator is the 2020 build year—only about 13% of homes on this street are newer.

2. Is this a good deal compared to similar homes in Winnipeg?
Compared to citywide averages, yes. The house is larger than 84% of comparable Winnipeg homes, and its assessed value is higher than 79%. But value depends on whether you’re comparing to older homes or other recent builds. Against new construction citywide, it’s fairly priced for its size and location.

3. What’s the neighbourhood like?
West Kildonan Industrial is a mixed residential and light industrial area. It’s not a high-end pocket, but it’s established, with reasonable access to amenities. The lot sizes here tend to be smaller than the city average, so this property’s 5,020 sqft lot stands out locally.

4. Are there any risks with a 2020 build?
No more than any five-year-old home. The roof, mechanicals, and major systems should have a long lifespan ahead. The main thing to check is whether any initial settling or minor defects from the builder have been addressed. Since it’s still relatively new, a good home inspection should catch most concerns.

5. How does the assessed value relate to market price?
Assessed value is not the same as market price—it’s the city’s estimate for property tax purposes, typically based on recent sales in the area. This home’s $493k assessment is a benchmark, but actual sale price depends on demand, condition, and how many buyers are looking for a newer home in this part of Winnipeg. In a normal market, you’d expect the sale price to land somewhere close to this figure, possibly slightly above if the property is in excellent shape.