Property Overview
50 Atwood Street is a modern, well-sized home in Winnipeg's Mission Gardens neighbourhood. Built in 2014, it stands out as one of the newest homes on its street and in the wider area. The 1,676 sqft living space is notably larger than most comparable homes locally, offering ample room. While the lot size is more compact than area averages, this often translates to less maintenance. The home sold recently in the $450k-$500k range, with an assessed value that sits above average for its immediate surroundings.
Its primary appeal lies in acquiring a relatively new construction in an established area, bypassing the immediate need for major updates or repairs. The above-average interior space is a significant asset in a market where many homes are older and smaller.
This property would best suit buyers who prioritize move-in readiness and modern building standards over a large yard. It’s ideal for professionals, small families, or downsizers seeking low-maintenance living without sacrificing interior square footage. The data suggests it offers a premium in space and age for the area, appealing to a value-conscious buyer who compares metrics closely.
Frequently Asked Questions
How does the lot size impact the property?
The land area is smaller than most in Mission Gardens. This typically means less outdoor maintenance and lower landscaping costs, which can be a benefit for many. However, it may limit expansion possibilities or extensive gardening.
Why is the year built such a standout feature?
Built in 2014, this home is in the top 2% for its age on the street and in the neighbourhood. This generally implies newer major systems (like roof, HVAC, windows), modern building codes, and potentially better energy efficiency compared to the area's older housing stock.
What does the "above average" assessed value indicate?
The assessed value is higher than many nearby homes. This can reflect the newer construction and larger living area. It's important to note that assessed value is for tax purposes; the recent sale price is a more direct indicator of market value.
Is the living space efficiently configured?
At 1,676 sqft, the living area ranks in the top 10% for the neighbourhood. This suggests the home makes very good use of its footprint, especially considering the more compact lot, likely offering a spacious feel inside.
How recent was the sale, and why does it matter?
The property sold in 2024. A very recent sale provides a clear, current benchmark for its market value, which is more reliable than older comparable sales, especially in a changing market.