Property Overview & Key Characteristics
This two-storey home at 180 Atlas Crescent is a modern property built in 2019, offering a move-in-ready foundation in Winnipeg's West Kildonan Industrial area. Its key appeal lies in its balance of newer construction and established lot size. With 1,591 sqft of living space and a generous 4,724 sqft lot, it provides more outdoor space than many newer builds. The home features an attached garage and a full, unrenovated basement, presenting a blank canvas for future expansion.
The property suits first-time buyers or young families looking for a home without immediate major repairs, thanks to its recent build date. It also appeals to value-conscious buyers who prioritize land size and see potential in the unfinished basement for customization. A less obvious angle is its positioning within the neighbourhood: its assessed value ranks in the top 17% on its street, suggesting it may be perceived as a higher-quality asset in the immediate area, which could be a stabilizing factor.
Frequently Asked Questions
1. What is the significance of the "West Kildonan Industrial" neighbourhood name?
This is an established residential area, not an active industrial zone. The name reflects the community's historical development. The streets are primarily lined with single-family homes.
2. The home sold for $338,400 in 2019 and is now assessed at $450,000. What does this mean?
The assessed value is the city's estimate for tax purposes and is not a direct market price. The increase since 2019 reflects general market appreciation and the city's valuation model. The actual sale price will be determined by current market conditions.
3. What does the "unrenovated basement" entail?
It means the basement is finished to a basic, functional level (likely with drywall, flooring, and electrical) but has not been upgraded with higher-end finishes or custom layouts. It's a liveable space that offers easy potential for personalization.
4. How does this property compare to others on the street?
The data indicates it ranks highly for both lot size and assessed value on Atlas Crescent. This suggests it is a larger, and potentially more valuable, property compared to many of its direct neighbours.
5. Are the comparable properties listed truly similar?
The listed properties with similar assessed values ($450k) are in different neighbourhoods (like Elmhurst), providing a useful benchmark for what that valuation range buys elsewhere in Winnipeg. The local "Worth viewing" comparisons are more direct indicators of the specific market in West Kildonan Industrial.