Property Summary: 1069 Atlantic Avenue, Winnipeg
Key Characteristics & Appeal
This 1,024 sqft bungalow, built in 1954, presents a solid, value-conscious opportunity in the Robertson neighborhood. Its primary appeal lies in its strong positioning within its immediate context. The lot is a standout feature, significantly larger than most on Atlantic Avenue, offering above-average outdoor space for the street. The home’s assessed value is also notably higher than street averages, suggesting it may be in better condition or have more desirable attributes than many nearby properties.
It suits first-time buyers or pragmatic investors looking for a foothold in the city without a premium price tag. While the living space is modest by Winnipeg standards, it is typical for the area, making it a practical choice for those prioritizing location and lot size over square footage. A thoughtful perspective is that this property represents a "street leader" on its block—ranking well against its closest neighbors—while being more affordably priced relative to the wider city market. This creates a potential value proposition for a buyer who values the character and scale of an established neighborhood over a newer, larger home in the suburbs.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
It last sold between $200,000 and $250,000 in March 2018. Its current assessed value of $287,000 is above the street average, indicating perceived growth or improvements. For verified, exact historical sale prices, a manual lookup can be requested from the site.
2. Is the living space sufficient?
At 1,024 sqft, it is on par with the neighborhood average but below the city average. It is a practical size for smaller households or those comfortable with efficient use of space, typical of many mid-century bungalows.
3. What does the lot size mean for me?
The 4,699 sqft lot is larger than 91% of those on Atlantic Avenue. This allows more room for gardening, recreation, or future expansions like a shed or deck, which is a relative rarity on this street.
4. Is a 1954-built home a concern?
The year built is newer than most on the street and in Robertson. While systems and structure will require due diligence, it is a comparatively newer home in an older neighborhood, which can be an advantage.
5. Why is the city-wide ranking lower for value and size?
The rankings show this property is a strong performer locally. The lower city-wide rankings reflect that newer suburban areas generally have larger homes on larger lots with higher valuations, which is a different market segment. This property’s appeal is in its established neighborhood context.