220 Atlas Crescent

220 Atlas Crescent: Property Summary

Key Characteristics & Buyer Profile

This 2019-built home sits on a 4,725 sqft lot in the West Kildonan Industrial neighbourhood. With 1,564 sqft of living space, it's slightly above the citywide average for comparable homes (top 27% across Winnipeg) but roughly average for its immediate street and neighbourhood. The assessed value of $446,000 is below the average for Atlas Crescent itself (where homes average $509.6k) but above the citywide benchmark. The lot is generously sized relative to the immediate neighbourhood (top 18%), though smaller than the typical citywide average.

The appeal here is subtle rather than flashy. You’re getting a relatively new build (top 4% citywide for age) on a larger-than-average lot for the area, at a price that undercuts the street’s typical assessment. This suggests potential for value appreciation as the surrounding properties are more expensive, or simply a more modest home on a pricier block. The home isn’t the biggest or most valuable on its street—it’s slightly below average in both living area and assessed value there—but it outperforms the broader city averages, meaning you get above-median quality without paying a street-level premium.

This property would suit a buyer who wants a newer home without the full price tag of the neighbourhood’s most expensive houses. Someone who values a decent-sized yard relative to nearby homes, and is comfortable being on a street where some neighbours have larger or more valuable properties. It’s less suited for someone seeking the largest or most luxurious home on their block.

Five Possible FAQs

1. How does the assessed value compare to what I might actually pay?
The assessed value is $446,000, which is below the Atlas Crescent average of $509.6k. Assessments don’t directly set market price, but this gap can indicate the home is priced conservatively relative to its street. It's above the neighbourhood average ($442.9k) and citywide average ($390.1k), so you're paying for a home that's better than typical city stock but not the top tier on its block.

2. The lot is 4,725 sqft—how does that compare to typical Winnipeg lots?
Citywide, the average lot for comparable homes is 6,570 sqft, so this one is on the smaller side (top 62%). But within West Kildonan Industrial, it's actually in the top 18%—larger than most nearby lots. The lot is average for Atlas Crescent itself. So you get a bigger yard than most immediate neighbours, but it’s not oversized by city standards.

3. Is the home older or newer than others in the area?
Built in 2019, it's essentially brand new compared to the broader city—top 4% for age, where the citywide average is 1966. It's roughly average for the street (average is also 2019) but slightly older than the neighbourhood average of 2021. In other words, it's a new build by Winnipeg standards, but not the newest on every level.

4. Will the property feel cramped or spacious given the living area?
At 1,564 sqft, it's below the street average of 1,800 sqft but above the citywide average of 1,342 sqft. It’s a middle-ground size—not large for its street, but roomier than much of what’s available citywide. You'll likely have more space than a typical Winnipeg home, but it's not oversized for Atlas Crescent.

5. What does “top 27% citywide” actually mean for daily living?
It means this home has more living area than about 73% of comparable homes in Winnipeg. That translates to a floorplan that feels above-average in terms of square footage, with room for typical family needs. The trade-off is that on its own street, the ranking slips to top 67%—so neighbours may have slightly larger homes, which can affect curb appeal and resale dynamics.