Property Overview: 1170 Atlantic Avenue, Winnipeg
Key Characteristics & Appeal
This 962 sqft home, built in 1958, presents a compelling mix of value and character in Winnipeg's Mynarski neighbourhood. Its primary appeal lies in its strong assessed value of $309k, which ranks well above average for Atlantic Avenue itself. This suggests the property is perceived as a solid asset on its immediate street. The lot size of 4,096 sqft is also generous for the local area, offering valuable outdoor space.
The home is notably newer than many on its street and in the broader area, which can be a practical advantage regarding the potential age of major systems. While the living space is modest compared to city-wide averages, it represents a manageable footprint for many buyers.
This property would best suit first-time buyers, downsizers, or practical investors seeking a home with established value in a mature neighbourhood. It’s for those who prioritize lot size and a newer build date over expansive interior square footage, and who see the value in a home that stands out positively on its own street.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home sold between $250k-$300k in mid-2020. Its current assessed value of $309k is higher, indicating a likely increase in market value over the past few years, which is important for understanding equity and municipal taxes.
2. Is the living area sufficient for a family?
At 962 sqft, the living area is below the average for both Mynarski and Winnipeg overall. It would suit a small family, a couple, or an individual comfortably, but may feel compact for those needing multiple large bedrooms or dedicated office spaces.
3. What does the "newer" build year (1958) actually mean for me?
While 1958 is newer than many neighbouring homes, it still means the home is over 65 years old. Buyers should still budget for updates and ensure major components like roofing, plumbing, and electrical have been maintained or upgraded.
4. The lot size ranking seems contradictory. Why?
The lot is above average for Atlantic Avenue but below average for Mynarski and the city. This highlights that Atlantic Avenue features smaller, more compact lots overall. Here, you're getting a larger-than-typical yard for that specific street.
5. How can I get the exact historical sale price?
The exact sale price is not publicly displayed due to industry regulations. You can request the precise figure by emailing the site directly; they will provide a manual lookup free of charge.