175 Atlas Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 2020-built home with 1,501 square feet of living space on a 4,014-square-foot lot. Its strongest feature is its age—it ranks in the top 3% citywide for newer construction, and on its own street it’s in the top 13%. That means it’s one of the newer builds on Atlas Crescent, which is an uncommon advantage in a neighbourhood where homes average 2021 vintage.
The property sits at an assessed value of $441,000, which is roughly average for the West Kildonan Industrial area but about 13% below the street average of $509,600. On the citywide scale, the value ranks in the top 30%, meaning it’s priced above typical Winnipeg homes but still offers room relative to its immediate neighbours.
Where the property falls short is lot size. The 4,014-square-foot lot ranks at the bottom of its street (92nd percentile) and below average citywide. The living area is also slightly tight compared to other homes on Atlas Crescent, though it’s on par with the neighbourhood and above average across Winnipeg.
Appeal and buyer fit: This home would suit someone who prioritizes a newer, move-in-ready build over land. Buyers who value low-maintenance yards or want a home that feels fresh without needing updates will find it attractive. It’s less ideal for someone wanting a large garden, extra outdoor space, or a lot that stands out from neighbours. The assessed value suggests it may be priced below some comparable newer homes on the street, which could appeal to budget-conscious buyers in the newer-home segment.
Frequently Asked Questions
1. How does the lot size compare to other homes in the area?
The lot is smaller than typical for Atlas Crescent, where the average is 5,254 square feet. Within the West Kildonan Industrial neighbourhood, it’s slightly above average (3,839 sqft), but citywide it’s below the norm. If outdoor space matters, you’ll want to check whether the yard meets your needs in person.
2. Is the assessed value likely to increase?
The home’s value is currently average for the neighbourhood but below the street average. That gap could narrow over time, especially given the newer construction—but assessment changes depend on market trends and comparable sales. It’s not a guarantee.
3. What does “ranked top 3% citywide for year built” actually mean?
Out of nearly 200,000 comparable homes across Winnipeg, this property is newer than 97% of them. It was built in 2020, when the citywide average year built is 1966. That makes it significantly newer than most homes in the city.
4. How does this home compare to others on Atlas Crescent specifically?
It’s newer than most (top 13% on the street), smaller in both living area and lot size, and has a lower assessed value than the street average. It’s not the most typical home on the street—it trades space for freshness and affordability relative to nearby homes.
5. Would this property work for a family or an investor?
It could suit either, depending on priorities. A family might find the living space adequate but the yard limiting. An investor might appreciate the newer construction and below-street-average value, which could offer upside if the area appreciates. The location in West Kildonan Industrial is worth understanding in terms of local amenities and future development plans.