Property Summary: 43 Atlas Crescent

Key Characteristics & Buyer Profile

This property stands out for its exceptional space, value, and newness relative to nearly everything around it. Built in 2022, it ranks in the top 1% city-wide for year built, meaning you’re getting a nearly new home in a market where the average home dates to 1966. At 2,225 square feet of living space, it's well above the street average of 1,800 square feet and places in the top 6% city-wide. The assessed value of $624,000 is also high—top 10% on the street and top 6% in Winnipeg—but the lot size is a notable feature: 7,508 square feet, which is top 3% in the neighborhood and nearly double the local average. That combination of a new, spacious house on a large lot is uncommon, particularly in an established area like West Kildonan Industrial.

The appeal here is twofold. First, you avoid the compromises typical of new-build subdivisions: cookie-cutter layouts, small lots, and long commutes. You get modern construction and efficiency without sacrificing land. Second, the ranking data suggests strong relative value—the property is assessed high, but not out of step with its size and age. It’s a home that stands out in comparisons, which matters for resale.

This property suits buyers who prioritize space and newer construction but want an established neighborhood rather than a developing one. It will likely appeal to families looking for a large lot for kids or gardens, or to professionals who want a move-in-ready home without the wait or uncertainty of building. It may also interest someone who values data-driven buying decisions—the rankings provide a clear picture of how this house compares to peers at every level.

Frequently Asked Questions

1. What does “assessed value” mean, and why should I care?
The assessed value is the city’s estimate of the property’s market value for tax purposes. It’s not the same as the list price or sale price, but it gives you a benchmark. Here, the assessed value of $624,000 is well above the street average of $509,600, which reflects the home’s newer build and larger size. It also means your property taxes will be based on a higher value than many neighbors—worth factoring into your monthly costs.

2. The lot is 7,508 square feet—is that a lot for this neighborhood?
Yes. The average lot in the neighborhood (West Kildonan Industrial) is 3,839 square feet, and the street average is 5,254. This lot is nearly double the neighborhood norm. That’s extremely rare for a home built in 2022, as newer houses in Winnipeg are often on smaller parcels. It gives you room for expansion, a large yard, or simply more privacy between neighbors.

3. How does “top 1% city-wide for year built” actually affect livability?
Practically, it means you’re unlikely to face many of the deferred maintenance issues common in older Winnipeg homes—things like knob-and-tube wiring, old plumbing, or asbestos. You also get modern insulation and energy efficiency. But it also means the home hasn’t been through a few Winnipeg winters yet, so its long-term performance is still unproven. A thorough home inspection is still wise.

4. The rankings show the property as “elite” in some categories and “above average” in others—what’s the difference?
The tier labels are based on how far above the average you are. “Elite” typically means ranking in the top 5% or better for that category—here, the home is elite for land area in the neighborhood (top 3%) and for year built on the street (top 2%) and city-wide (top 1%). “Above average” still means you’re in the top 10-16% for that metric, which is strong but not as extreme. It’s a useful distinction because it shows where this house truly excels (land and newness) versus where it’s just very good (living area and assessed value).

5. Should I be concerned that the neighborhood is called “West Kildonan Industrial”?
The name may suggest an industrial zone, but the rankings are for residential comparable homes. West Kildonan Industrial is a mixed-use area that includes residential streets like Atlas Crescent. The data shows the home ranks well among neighborhood peers, so residential quality there appears solid. That said, it’s worth driving the area at different times to see how close industrial properties are and whether noise or traffic affects the street. The rankings don’t capture street-level feel.