Property Overview: 39 Atlas Crescent

Key Characteristics & Ideal Buyer Profile

This 2020-built home on a 7,508 sqft lot stands out primarily for its size and value relative to surrounding properties. The living area of 2,358 sqft ranks in the top 7% on its street, top 2% in the West Kildonan Industrial neighbourhood, and top 4% citywide in Winnipeg. The assessed value of $637,000 follows a similar pattern—top 7% on the street, top 3% in the neighbourhood, and top 6% across the city.

What gives this property its particular appeal is not just the raw numbers, but the combination of a newer build with above-average lot size. Many homes in this price range either sacrifice land for square footage or vice versa. Here, the lot (7,508 sqft) is significantly larger than the neighbourhood average of 3,839 sqft, while the construction year (2020) is newer than most citywide comparisons, where the average build year is 1966. The assessed value also reflects that the market has already recognized this premium.

This property would suit buyers who:

• Want a newer home without the wait or customization decisions of new construction
• Place a high value on a large lot in an established neighbourhood (West Kildonan Industrial offers more space than many inner-city areas)
• Are looking for above-average square footage that still feels efficient in its layout
• Prioritize long-term value retention through size and land rather than just finishes or trends

Frequently Asked Questions

1. How does the assessed value compare to similar newer homes in Winnipeg?
The $637,000 assessment places it in the top 6% citywide, but that ranking is based on all comparable homes regardless of age. When compared specifically to other homes built after 2015, the value premium is narrower—newer construction throughout Winnipeg tends to cluster in a similar price band. The real distinction here is the combination of new build and large lot, which is less common.

2. Why is the lot size considered "above average" citywide but "elite" in the neighbourhood?
The citywide average lot size is 6,570 sqft, so 7,508 sqft is above average but not exceptional on a city scale. However, within West Kildonan Industrial, the average lot is much smaller at 3,839 sqft, making this lot nearly double the neighbourhood norm. This means you get significantly more outdoor space than most nearby homes, even if it's not the biggest lot in the city.

3. Is the neighbourhood's "industrial" designation a concern for residential living?
"West Kildonan Industrial" is a statistical neighbourhood name used by the city for data grouping—it doesn't mean the immediate area is industrial. The actual street, Atlas Crescent, is residential. The broader area includes some industrial zones, but this home's specific location is within a stable residential pocket. The ranking data (elite for living area and lot size) suggests the immediate street is dominated by larger, newer homes.

4. How does a 2020 build compare to the neighbourhood's typical construction quality?
The neighbourhood average build year is 2021, meaning many homes here are similarly new. However, citywide, the average is 1966—so relative to Winnipeg as a whole, this is a very new home. That likely means better insulation, modern building codes, and fewer immediate maintenance issues compared to older stock in the city. The trade-off is that you may pay a premium for that newness, but the assessment already reflects it.

5. Would this property hold its value better than older homes in the same price range?
Based on the ranking data, the property sits in a strong position within its street and neighbourhood for both size and value. Larger lots and newer builds in established areas tend to hold value well because they are harder to replicate—land supply is fixed, and new construction rarely comes with a lot this size in a built-up neighbourhood. The caveat is that the assessed value is already near the top of the street (9th out of 123), so the upside may be more about long-term stability than rapid appreciation.