Property Overview: 1113 Atlantic Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a compelling value proposition within its immediate neighborhood. Built in 1956, it offers 987 sqft of living space on a 3,996 sqft lot, which is quite typical for the area. The standout feature is its assessed value of $327k, which ranks in the top 5% on Atlantic Avenue and top 19% in the Mynarski neighborhood. This suggests the property is viewed as a premium asset on its street compared to peers, potentially due to updates, condition, or specific lot advantages not captured in raw square footage.
Its appeal lies in this strong relative valuation within a well-established community. The home suits a practical buyer looking for a solid, no-surprises property in a mature area, or an investor seeking a asset with a strong assessed value foundation. It’s less suited for those prioritizing large interior spaces or expansive lots, as those metrics are below the citywide averages. A thoughtful perspective is that this property may represent "the best house on a modest block," offering a sense of relative luxury and stability within a specific, localized context rather than standing out in the broader city market.
Frequently Asked Questions
1. Why is the assessed value so high compared to other homes on the street?
The assessment ranks in the elite top 5% for Atlantic Avenue. This typically reflects factors like significant updates, additions, superior condition, or a more desirable lot layout compared to neighboring homes, which average an assessed value of about $222.8k.
2. How does the home's size compare to others?
With 987 sqft of living area, it is slightly below the average for the city but very much in line with the typical home on Atlantic Avenue (~1,017 sqft) and in the Mynarski area (~1,047 sqft).
3. What is the lot size, and is it considered large?
The lot is 3,996 sqft. It is larger than the average lot on its street but is below the average for both the Mynarski area and Winnipeg overall, placing it in the lower third for lot size locally.
4. When was it last sold, and for how much?
Records indicate a sale in January 2021, with a sold price in the range of CA$250,000–$300,000. Exact sold prices require a manual lookup request via the site.
5. How does the year built affect the property?
Built in 1956, it is a newer home compared to many on its street (where the average build year is 1933) but is generally average compared to the neighborhood and city. This suggests well-understood construction methods but also the potential for aging components like roof, windows, or plumbing to need attention.