Property Overview: 224 Atlas Crescent
Key Characteristics & Buyer Profile
This is a 2019-built home with 1,766 sq. ft. of living space on a 5,020 sq. ft. lot. Its standout feature is its construction age — it’s newer than roughly 96% of homes citywide, where the average build year is 1966. Locally, it sits on a street where homes average the same age and are comparable in size, which means it blends in rather than stands out on its block. However, relative to the broader West Kildonan Industrial community, the home is both larger (top 23%) and assessed at a higher value (top 23%). The lot size is average for the city but generous for the immediate area (top 14% in the community). The assessed value of $503,000 is near the street average but well above community and city medians.
The appeal here is a newer, move-in-ready home that doesn’t feel oversized for its street but offers above-average space for the neighbourhood. It suits buyers who want a modern build without the premium of a brand-new development — someone who values a recent construction timeline, solid square footage, and a location where the home isn’t the most expensive or showy property on the block. It’s a practical fit for families or professionals looking for longevity: a house that’s not the oldest or the newest, but newer than almost anything in the broader city context.
Frequently Asked Questions
1. How does the property’s age compare to others nearby?
The home was built in 2019, which matches the average for Atlas Crescent. In the wider West Kildonan Industrial community, the average build year is 2021, so this home is slightly older than the local norm. Citywide, however, it ranks in the top 4% for newness — a significant advantage if you’re comparing against older Winnipeg housing stock.
2. Is the lot size considered small or large?
At 5,020 sq. ft., the lot is close to the street average (5,254 sq. ft.) and notably larger than the community average (3,839 sq. ft.), placing it in the top 14% locally. Across the entire city, it falls around the midpoint (54th percentile) — so it’s not oversized by city standards, but it’s generous for the immediate neighbourhood.
3. What does the assessed value tell me about the home’s market position?
The $503,000 assessment is right around the street average but about $60,000 above the community average and more than $110,000 above the citywide median. This suggests the home holds its value within its immediate context but may feel pricier compared to many homes in the wider area.
4. How does the living space feel in terms of use?
With 1,766 sq. ft., it’s slightly below the street average (1,800 sq. ft.) but well above the community (1,591 sq. ft.) and city (1,342 sq. ft.) averages. You get a layout that is not oversized for its street — less likely to feel out of place among neighbors — but offers more room than typical homes in the surrounding community.
5. Who is this house not ideal for?
Buyers looking for a large corner lot or an older character home with established landscaping might be disappointed. The lot is average-sized citywide, not expansive, and the home is modern rather than historic. It’s also less suited for someone seeking a bargain in an older, lower-assessment area, as this property sits above the local value median.