196 Atlas Crescent

196 Atlas Crescent – Property Summary

Key Characteristics & Buyer Fit

This is a 1,527 sqft home built in 2019 on a 4,724 sqft lot, located in the West Kildonan Industrial neighbourhood of Winnipeg. The property ranks well above average citywide for both its age (top 4%) and assessed value (top 28%), while sitting around average for its immediate street and neighbourhood. The lot size is notably generous compared to nearby homes—ranking in the top 20% of the neighbourhood—but is slightly below the street average of 5,254 sqft. Living area is below average for Atlas Crescent (ranked 81st out of 123) but above average for Winnipeg as a whole.

The appeal here is a newer home in an established inner-ring area where many properties are older. You get a relatively modern build and finishes without the premium of a brand-new subdivision. The lot offers more outdoor space than many comparable homes nearby, which matters if you want room for a garden, shed, or expansion down the line. The assessed value sits between the street and neighbourhood averages, suggesting the price aligns well with local benchmarks.

This property would suit buyers looking for a move-in-ready home in a stable, mature neighbourhood—particularly those who want a newer build but prefer an established location over a developing suburb. It’s less suited for someone seeking the largest home on the block or a premium street address, as the living area and rank on Atlas Crescent are below average.

Five Possible FAQs

1. How does the living area compare to other homes on this street?
It’s below average. The street median is 1,800 sqft, while this home is 1,527 sqft—ranking 81st out of 123 properties. However, it’s still above the citywide average for comparable homes (1,342 sqft).

2. Is this considered an older or newer home for the area?
Newer. Built in 2019, it’s in the top 4% citywide by year of construction. The neighbourhood average build year is 2021, so it’s just slightly behind the local trend, but well ahead of the city average of 1966.

3. How does the lot size affect the property’s value or usability?
The lot is 4,724 sqft—above average for the neighbourhood (3,839 sqft) and in the top 20% locally. It offers more outdoor space than many nearby homes, which can be a practical advantage for parking, recreation, or future additions. On the street itself, it’s slightly below the average of 5,254 sqft, so it’s not oversized for the immediate block.

4. How does the assessed value relate to what I might pay?
The current assessment is $450,000—above the neighbourhood average ($442,900) but below the street average ($509,600). This suggests the home is priced reasonably for its immediate context, though you’d want to check the asking price and recent sales on Atlas Crescent to be sure.

5. What should I know about the neighbourhood before buying?
West Kildonan Industrial is a mixed-use area with a mix of older and newer homes. The property itself is in a portion of the neighbourhood that ranks around average for living area and assessed value. It’s not a high-prestige pocket, but the newer build, decent lot, and citywide ranking for value make it a solid middle-ground choice. If walkability, school catchments, or future development plans matter, you’ll want to review the neighbourhood analysis map linked below.