Property Summary: 779 Atlantic Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This property presents a distinct profile defined by contrast. Its primary characteristic is a very compact 564 sqft living space, which is notably smaller than most homes on its street, in the Robertson neighbourhood, and across Winnipeg. Built in 1909, it is also a significantly older home in its area. However, this is balanced by a substantial and valuable lot of 5,813 sqft, which ranks in the top 1% for size on Atlantic Avenue. The assessed value of $170k is below area averages, reflecting the home's modest size and age.
The appeal lies in this very combination: a lower entry price for a land-rich property. It suits a specific type of buyer: those with a vision for the future rather than a need for immediate space. This could be an investor or homeowner looking for a long-term hold, with the land representing the core asset. It’s also a potential fit for a minimalist buyer seeking a cozy, efficient footprint with the rare bonus of generous outdoor space in the city. The property is not suited for those requiring ample living area right away without the intent or means to expand or redevelop.
Section 2: Frequently Asked Questions
1. Is the house livable in its current state?
The data provided does not speak to interior condition or updates. Given the age (1909) and very small size, a prospective buyer should budget for a thorough inspection to assess livability and potential immediate repairs.
2. Why is the assessed value relatively low?
The assessed value is primarily a function of the very small living area and the age of the structure. The large lot size contributes value, but the overall assessment reflects the existing improvements, not the land's full development potential.
3. What can be done with such a large lot?
The lot size is the property's standout feature. Potential uses could include future expansion of the existing home, adding a garage or workshop, or creating extensive garden/landscaped space. Local zoning bylaws would determine the possibilities for subdivision or adding a secondary suite.
4. How reliable is the sold price range shown?
The listed sold price range (CA$150k–200k) is based on public data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email.
5. How does this property compare to others on the street?
It has one of the largest lots on Atlantic Avenue but one of the smallest and oldest houses. This makes direct comparisons difficult. Neighbouring homes, like those referenced at 808 and 826 Atlantic, typically offer more living area (700+ sqft) on smaller lots, often at a higher assessed value.