Property Overview: 1146 Atlantic Avenue, Winnipeg
Key Characteristics & Appeal
This 1,084 sqft home, built in 1957, presents a solid and above-average offering within its immediate Mynarski neighbourhood and on Atlantic Avenue itself. Its primary appeal lies in its strong relative value and established character. The assessed value of $310k ranks in the top 11% on its street, suggesting it is a premium property in that specific locale, likely due to its well-maintained condition, updates, or desirable lot placement. With a living area larger than most comparable homes nearby and a lot size that is generous for the street, it offers practical space.
The home suits buyers looking for a move-in-ready property in a mature neighbourhood without the premium of a newer suburb. It’s particularly fitting for those who value being a standout property on their block—offering more space and a higher valuation than many neighbours—while still being part of a community with historic roots. A thoughtful perspective is that while the lot is above average for the street, it is below average for the wider Mynarski area, indicating a more compact, traditional neighbourhood feel rather than expansive yards. This positions the property as efficient and manageable, appealing to those seeking lower maintenance without sacrificing indoor space.
Frequently Asked Questions
1. How does the assessed value compare to likely market value?
The assessed value of $310k is for municipal tax purposes and is a historical snapshot. Market value is determined by current buyer demand. The fact it's in the top 11% on its street indicates it is a higher-tier home for the area, but a professional appraisal or comparative market analysis is needed for an accurate listing price.
2. Is the home older than others nearby?
Built in 1957, it is notably newer than the average home on Atlantic Avenue (average year built ~1933). In the broader Mynarski area and city-wide, however, it is right around the neighbourhood and city averages for age, representing a typical post-war construction period.
3. What does the sold price history from 2016 indicate?
The home sold between $250k-$300k in August 2016. This historical data shows past market activity but does not reflect current value, which has been influenced by market changes over nearly a decade and the property’s current condition.
4. How does the lot size impact potential?
At 4,096 sqft, the lot is larger than most on Atlantic Avenue but smaller than the average lot in the wider Mynarski area. This suggests potential for outdoor living space and gardening, but major expansions or additions may be subject to space constraints compared to properties on larger lots elsewhere.
5. Where can I get verified sales history and exact past sale prices?
The provided sold price is a range from public records. For fully verified figures and exact transaction history, you must request a manual lookup from the site via email, as this data is not sourced from the MLS system.