Property Overview: 821 Atlantic Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 700 sqft bungalow, built in 1947 on a 4,000 sqft lot in Robertson, presents a straightforward, entry-level opportunity. Its primary appeal lies in its affordability and position within a well-established neighborhood. The home’s assessed value of approximately $196k is notably below both the city and neighborhood averages, suggesting a relatively low property tax burden and an accessible price point.
The data reveals a nuanced picture. While the living space is compact compared to most homes in Winnipeg, it is more in line with the scale of other homes on Atlantic Avenue itself. The lot size is also slightly larger than the street average, offering a decent outdoor space for the area. This property would likely suit first-time buyers, investors looking for a rental property, or downsizers seeking a low-maintenance, cost-effective home in the city. Its value proposition is grounded in practicality rather than luxury, offering a foothold in the market without the premium of a larger, modernized home.
A less obvious perspective is that this home represents a "neighborhood-average" experience on its specific street, despite ranking below average in wider comparisons. For someone prioritizing community character over square footage, it fits the local streetscape. Additionally, its recent sale in 2023 within the $150k-$200k range indicates a active, lower-price segment of the market.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 700 sqft, the home is compact. It ranks below average for Winnipeg overall, but is more typical for Atlantic Avenue itself. It requires efficient use of space and would suit individuals, couples, or those comfortable with a cozy layout.
2. How does the assessed value affect property taxes?
With an assessed value significantly below the Winnipeg average, the municipal property tax base for this home is likely lower than for many city properties. This is a key factor in its ongoing affordability.
3. What does the recent sale history indicate?
The property sold between $150,000 and $200,000 in August 2023. This recent activity in a specific price band helps confirm its market position as an affordable, entry-level option and provides a concrete benchmark for value.
4. How does the lot size compare?
The 4,000 sqft lot is larger than the average for Atlantic Avenue, which is a positive differentiator on the street. However, it is below the average for the broader Robertson neighborhood and Winnipeg.
5. Where can I find verified sale price details?
The exact sale price is not publicly displayed due to industry data rules. The listing service offers to provide the exact figures via email upon request, following a manual lookup process.