192 Atlas Crescent – Property Summary
Key Characteristics & Ideal Buyer Profile
This is a 1,478 sqft home built in 2019 on a 4,724 sqft lot, with an assessed value of $434,000.
Its strongest feature is the construction year. Built in 2019, it ranks in the top 4% citywide for newness, where the average home was built in 1966. This is a genuinely modern house in a market dominated by much older stock. The lot is also notably larger than neighboring properties in West Kildonan Industrial—ranking in the top 20% locally—though it sits slightly below the street average for lot size and is modest compared to the citywide norm.
Where the property falls short is on its own street. Atlas Crescent homes average 1,800 sqft and $509,600 in assessed value. This house is smaller and lower-valued than most of its immediate neighbours, ranking near the bottom of the street (top 93–98%). That suggests it may be one of the more affordable or compact options in a higher-end block.
The appeal lies in the trade-off: you get a newer home on a decent lot in a neighbourhood where the average home is slightly newer (2021) but not dramatically so, and at a price that sits right around the neighbourhood average. It’s not a standout in size or value locally, but it’s competitive citywide—ranking in the top third for both assessed value and living area.
This property would suit a buyer who wants a relatively new, move-in-ready home without paying a premium for the largest or most expensive house on the street. It’s a good fit for someone who prioritizes modern construction and a reasonable lot size over square footage or street prestige. First-time buyers or young families looking for something built in the last five years, in a neighbourhood that’s still developing its character, would find this house practical.
Five Possible FAQs
1. How does this home compare to others on Atlas Crescent specifically?
It’s smaller and lower-valued than most. The street average is 1,800 sqft and $509,600, while this house is 1,478 sqft and assessed at $434,000. That makes it one of the more entry-level options on the block.
2. Why is the lot size considered “above average” for the neighbourhood but only “average” citywide?
Because homes in West Kildonan Industrial tend to sit on smaller lots—averaging 3,839 sqft. At 4,724 sqft, this lot is larger than most nearby. Citywide, however, the average lot is 6,570 sqft, so it’s not big by Winnipeg standards.
3. Is the assessed value of $434,000 a good deal?
Relative to the street, it’s below average, so you’re paying less than neighbours. Compared to the neighbourhood average ($442,900) and citywide average ($390,100), it’s right in the middle. It’s not a steal, but it’s fair for a 2019 build on a decent lot.
4. What does “Top 4%” for year built actually mean in context?
It means out of nearly 200,000 homes citywide, only about 8,000 are newer than this one. In a city where the median home was built in 1966, a 2019 construction date is rare. That’s the home’s main selling point.
5. Should I be concerned that it ranks low on its own street?
Not necessarily—it depends on your priorities. If you want to live on Atlas Crescent without paying for the biggest house there, this is a practical entry point. The street itself may simply have larger, older homes. What matters more is whether the house itself meets your needs for space, age, and lot size.