Property Overview: 845 Atlantic Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 700 sqft home, built in 1947 on a 4,000 sqft lot, presents a specific and practical opportunity in Winnipeg's Robertson neighborhood. Its primary appeal lies in its affordability and efficiency, with an assessed value significantly below both neighborhood and city averages. The lot size is notably larger than average for its immediate street, offering potential outdoor space uncommon for the area.
The home suits first-time buyers, downsizers, or investors seeking an entry point into the market with lower carrying costs. Its compact size demands efficient use of space but minimizes maintenance. A thoughtful perspective is that while the living area is below average, its value ranking on its own street is stronger than its size ranking, suggesting the street itself may favor modest, well-kept properties. This isn't a sprawling home, but a grounded one that prioritizes a manageable footprint and a larger-than-standard lot for the block, appealing to those who value practicality and potential over sheer square footage.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, it last sold between $200k-$250k in late 2021, a price point that was in the top 55% for its street at the time, indicating it may hold its value well in its immediate context.
2. Is the home unusually small?
At 700 sqft, it is below the average for Winnipeg, but it is closer to the norm for its specific street and the Robertson neighborhood, where many homes are of a similar, efficient scale.
3. What does the assessed value tell me?
The $195k assessment is around average for Atlantic Avenue but below the wider neighborhood and city averages. This typically suggests lower property taxes, which is a key ongoing cost benefit.
4. Is the 1947 build date a concern?
The year built is actually newer than the average on its street. While systems may need updating, the structure is not unusually old for this well-established area.
5. How can I verify the exact past sale price?
The site provides sold price ranges. For fully verified and exact historical sale figures, you must request them directly via email, as MLS data is not displayed due to industry rules.