Property Summary: 1047 Atlantic Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 833 sqft bungalow, built in 1954, presents a practical opportunity in Winnipeg's Robertson neighborhood. Its primary appeal lies in its strong positioning within its immediate locale. While the living space is modest compared to city averages, the property excels on its street with an above-average assessed value ($284k), a newer build year relative to neighboring homes, and a generous 4,229 sqft lot. This suggests a well-maintained home on a desirable parcel of land for the area.
The property would suit first-time buyers or downsizers seeking a solid entry into the market with room to grow outdoors. It’s also a candidate for value-conscious investors, as its assessed value ranks highly on its street, indicating a history of maintenance or updates that have preserved its worth. A thoughtful perspective is that this home offers the benefits of an established, mature neighborhood—often with larger lots and settled communities—without the premium price tag of newer subdivisions, making it a pragmatic choice over a speculative one.
Section 2: Frequently Asked Questions
1. Is the house smaller than average?
Yes. At 833 sqft, the living area is below the average for the street, neighborhood, and city. This indicates a compact, efficient layout.
2. Why is the assessed value higher than many homes on the same street?
The assessed value of $284k ranks in the top 23% on Atlantic Avenue. This suggests the property may have features, condition, or improvements that the municipal assessment recognizes as adding value compared to its immediate peers.
3. How does the lot size compare?
The lot is 4,229 sqft, which is larger than the average lot on Atlantic Avenue. This is a key asset, offering more outdoor space than many neighboring properties.
4. What does the sold price history indicate?
Records show it sold between $300k-$350k in July 2022. This placed it in the top 8% of sold prices for its street at that time, confirming its stronger value position within the local context.
5. Where can I get verified sale history and exact figures?
The provided data is 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.