Property Overview: 780 Atlantic Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 700 sqft home, built in 1945, presents a straightforward opportunity in Winnipeg's Robertson neighborhood. Its primary appeal lies in value and potential. With an assessed value significantly below both neighborhood and city averages, it offers an accessible entry point into the market. The lot size is a notable asset—at over 4,000 sqft, it is larger than most on its street, providing valuable outdoor space or future expansion potential in an area where lots are typically smaller.
The home suits specific buyer profiles well. It’s a practical fit for first-time buyers seeking affordability and a manageable space to maintain. Investors may see value in its below-average price point for the area, considering its rental potential or as a value-add project. Downsizers looking to rightsize without a large yard to manage might also find it appealing. A less obvious perspective is its appeal to a buyer interested in "land value"—the property represents a chance to own a proportionally large lot in an established area, where the value may be anchored more in the land itself than the current structure.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 700 sqft, the home is compact. It is below the average size for its street, neighborhood, and Winnipeg overall. This indicates a more modestly sized dwelling compared to many in the area.
2. Is the assessed value typical for Robertson?
No, the assessed value of approximately $196k is notably below the Robertson neighborhood average of $269k. This suggests the property is priced accessibly within its local market.
3. What is the history of recent sales?
Records indicate a sale occurred in April 2022, with a public price range between $100k and $150k. For fully verified and exact historical sale figures, a manual lookup through the site is required.
4. How does the lot size compare?
The lot is a key feature. At 4,005 sqft, it is larger than the average lot on Atlantic Avenue, offering more outdoor space than many immediate neighbors.
5. What are similar nearby properties like?
Listed comparable homes on Atlantic Avenue and in Robertson are typically of a similar vintage (1940s-1950s) and size, though some have larger living areas. Their assessed values range from the $170s to $300s, placing this property at the more affordable end of that spectrum.