272 Atlas Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 1,496 sqft home built in 2019 on a 4,725 sqft lot in West Kildonan Industrial, Winnipeg. Its strongest feature is its construction year: built in 2019, it ranks in the top 4% citywide among comparable homes—meaning most homes in the city are significantly older. The assessed value is $434,000, which is below average for the street but sits close to the neighborhood and city medians. The lot size is above average for the immediate area (top 18% in the neighborhood), though it's smaller than the citywide typical lot. Living area is slightly below the street average but roughly on par with the broader neighborhood and city.

The appeal here is a relatively new, move-in-ready home on a decent-sized lot in a neighborhood where most properties are older or on smaller parcels. It doesn't lead in square footage or assessed value, but it avoids being an outlier in any negative sense. This property would suit a buyer who prioritizes a newer build with modern systems and finishes over maximum space or high-end street status. It’s a practical choice for someone who wants a home that’s already built to current standards—no immediate renovations needed—and values a lot that gives them more outdoor room than most neighbors nearby. It’s less ideal for someone chasing top-tier resale metrics or the largest floor plan on the block.

Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
The assessed value of $434,000 is below the street average of $509,600 (ranking 121 out of 123 on Atlas Crescent), but it’s right around the neighborhood average of $442,900 and the citywide average of $390,100. So it’s priced lower than most houses on the same street, but it’s not unusually cheap or expensive for the wider area.

2. Is the living area considered small for this street and neighborhood?
It’s slightly below average for the street, where comparable homes average 1,800 sqft (ranking 111 out of 123). But it’s close to the neighborhood average of 1,591 sqft and above the citywide average of 1,342 sqft. In context, it’s a modest size for this specific block, but not out of step with the surrounding area or the city.

3. Why is the lot size listed as “Above Average” for the neighborhood but “Around Average” citywide?
The lot is 4,725 sqft, which ranks in the top 18% within the West Kildonan Industrial neighborhood—meaning most nearby lots are smaller. Citywide, however, the average lot for comparable homes is much larger at 6,570 sqft, so this lot falls into the middle range. It’s a standout feature locally, not globally.

4. How does the 2019 build year affect the home’s condition or appeal?
A home built in 2019 is less than a decade old, which puts it well ahead of the typical Winnipeg home (average build year around 1966). This generally means newer roofing, siding, windows, mechanical systems, and likely better energy efficiency. For most buyers, it reduces the risk of major immediate repairs and brings modern construction standards.

5. What kind of neighborhood is West Kildonan Industrial?
As the name suggests, it’s an area with a mix of industrial and residential uses. It’s not a purely suburban residential zone, so buyers should expect a more varied streetscape. The lot rankings suggest that larger lots are more common here than in many other parts of the city, which can be a plus for outdoor space. It’s worth visiting at different times of day to get a feel for the character and noise levels.