Property Overview: 1182 Atlantic Avenue, Winnipeg
Key Characteristics & Appeal
This 931 sqft bungalow, built in 1956, sits on a notably generous 4,196 sqft lot on Atlantic Avenue in the Mynarski neighbourhood. Its primary appeal lies in its strong positioning within its immediate streetscape. The home ranks well above average for the street in key metrics: it's newer than most (Top 11%), sits on a larger-than-average lot (Top 19%), and carries a higher assessed value (Top 16%). This suggests a property that stands out positively among its closest neighbours.
The appeal is nuanced. It’s not a large home by city-wide standards, but it offers solid value and space for the area. It would suit a first-time buyer or downsizer looking for a manageable footprint without compromising on outdoor space. The generous lot is a significant asset, offering potential for gardening, expansion, or simply more privacy than typical lots on the street. A buyer who values a established, character neighbourhood and sees potential in a well-located lot would find this compelling. It’s a property whose strengths are most apparent when compared directly to its immediate surroundings rather than the broader city market.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, its last known sale price (between $300k-$350k in September 2021) ranked in the top 7% for the street and top 21% for the Mynarski area at that time, indicating it has historically commanded a premium relative to nearby properties.
2. Is the living space smaller than average?
Yes. At 931 sqft, the living area is below the average for both the wider Mynarski area and the city overall. However, it is closer to the average for Atlantic Avenue itself. This highlights the importance of evaluating size within the local context.
3. What does the assessed value tell us?
The current assessed value of $299k is significantly above the street average, which is typically a positive indicator of the property’s relative condition, improvements, or desirability on its block compared to neighbouring homes.
4. How does the lot size impact the property?
The 4,196 sqft lot is a key feature. It is larger than most on Atlantic Avenue, offering more yard space than you might expect. This is a valuable differentiator in an older neighbourhood where lot sizes can vary greatly.
5. Where can I get verified sale history and exact figures?
The provided data is compiled from public sources. For fully verified transaction history and exact sale prices, you must request a manual lookup from the site via email, as MLS data is not displayed here due to industry regulations.