Property Overview: 1104 Atlantic Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,039 sqft bungalow, built in 1957, presents a solid opportunity in Winnipeg's Mynarski neighbourhood. Its primary appeal lies in its strong positioning within its immediate locale. While the home size is typical for the area, it stands out on Atlantic Avenue with an above-average assessed value of $305,000 and a notably larger-than-standard lot of nearly 5,000 sqft. This suggests a property that is well-regarded and offers more outdoor space than most of its direct neighbours.
The home would suit practical, value-conscious buyers. It’s ideal for a first-time homeowner looking for a manageable footprint with room to grow, or an investor seeking a character property with proven stability in a mature neighbourhood. A thoughtful perspective is that this property isn't necessarily a "diamond in the rough," but rather a established home that already performs well against its closest comparables, offering a sense of security and less need for immediate, drastic improvement compared to more dated homes on the street.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to likely selling prices?
The assessed value of $305,000 is a municipal valuation for tax purposes and is above the street average. Market value can differ based on condition, updates, and market trends. Historical sales data for this specific property is not publicly listed, but comparable nearby listings can provide better guidance.
2. What does the lot size mean for potential use?
At 4,948 sqft, the lot is significantly larger than the average on Atlantic Avenue. This allows more flexibility for gardening, outdoor living, or future expansions like a shed or garage, subject to city zoning bylaws.
3. The home was built in 1957. What should I consider?
Homes of this era often feature solid construction but may have original mechanical systems (like plumbing or electrical) or require updates to insulation and windows. A thorough inspection is recommended to budget for any necessary modernizations.
4. How does this property rank city-wide?
City-wide rankings show this home as around average for its size and value. This highlights that its standout features—like the lot size and assessed value—are most impactful within the local context of Atlantic Avenue and Mynarski, rather than across all of Winnipeg.
5. How can I get verified sales history for this home?
The public listing does not include MLS sales history. You can request exact historical sales figures directly from the site via their manual lookup service, which will provide the data by email.