Property Overview: 1162 Atlantic Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling mix of established value and practical living space in Winnipeg's Mynarski neighbourhood. Built in 1957, its key appeal lies in its strong position relative to its immediate street. With an assessed value of $300,000, it ranks in the top 15% on Atlantic Avenue, suggesting it is a well-regarded property on its block. The living area of 1,031 sqft is typical for the local area, offering comfortable space without being oversized.
The property stands out for its generous 4,096 sqft lot, which is larger than most on its street, providing valuable outdoor space and potential. A thoughtful perspective is that this home represents a "middle ground" investment: it's not a starter fixer-upper, nor a premium city-wide property, but a solid, above-average home for its specific community. It would suit a buyer looking for a established neighbourhood character, who values a larger yard and a home that already holds a strong value position on its block, potentially offering stability. It's a practical choice for those prioritizing space and street-level value over a newer build or a top-tier city-wide comparison.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home was last sold between $250,000-$300,000 in July 2016. Its current assessed value of $300,000 is at the top of that historical range, indicating appreciation. It ranks significantly higher in value on its own street than it does across the wider city.
2. Is the house older or newer than others nearby?
Built in 1957, this home is notably newer than many on Atlantic Avenue, where the average build year is 1933. Compared to the broader Mynarski area and Winnipeg overall, its age is very typical.
3. How does the lot size compare?
The lot is a key feature. At just over 4,000 sqft, it is larger than the average lot on Atlantic Avenue. However, it is smaller than the average lot in both the wider Mynarski area and across Winnipeg, reflecting the denser nature of its specific location.
4. What does the "below average" city-wide ranking mean?
For metrics like living area and assessed value, this home ranks below the Winnipeg average. This is common for established inner-city neighbourhoods compared to newer suburban areas with larger, more expensive homes. It highlights the importance of comparing a property to its immediate area, where this home performs strongly.
5. How can I verify the exact historical sold price?
The provided sold price is an estimate from public data. To obtain the exact, verified sale history, you must request a manual lookup via email through the website, as MLS data is not displayed directly.