229 Atlas Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 2020-built home with 2,056 square feet of living space and a 4,015-square-foot lot, located in Winnipeg’s West Kildonan Industrial area. The living area ranks in the top 10% citywide and on the street itself, which means the home offers noticeably more indoor space than most comparable properties. The assessed value of $525,000 sits above average for the street, neighbourhood, and city—reflecting both the size and the relative newness of the build. The lot, however, is smaller than typical for Atlas Crescent, where many lots exceed 5,000 square feet.
The appeal here is straightforward: you get a relatively new, spacious home without paying for a large yard. That trade-off makes sense for buyers who prioritize interior square footage and modern construction over outdoor space or gardening potential. The home would suit families or individuals looking for a well-sized, low-maintenance property in a neighbourhood where older, smaller homes are more common. It’s also a strong option for someone who wants a newer build but isn’t interested in a suburban lot size. The citywide ranking for year built is elite (top 3%), so this is one of the newer homes available in a market where the average home dates to the mid-1960s.
Five Possible FAQs
1. How does the living space compare to other homes nearby?
Very favourably. This home is in the top 10% for living area across Winnipeg and ranks similarly on Atlas Crescent. The average home on the street is around 1,800 square feet, so this property gives you about 250 extra square feet compared to most neighbours.
2. Is the assessed value a good indicator of market price?
Assessed value is a useful benchmark, but it’s not always the same as market value. This home’s assessment sits above average for the street, neighbourhood, and city, which reflects its size and age. That said, market conditions and buyer demand can push sale prices above or below assessed values.
3. Why is the lot considered below average on this street?
Atlas Crescent has many lots around 5,254 square feet on average, while this property’s lot is 4,015 square feet. In this specific street ranking, that puts it near the bottom. But in the broader neighbourhood, the lot size is more typical—around the middle of the pack.
4. How does the age of this home compare to others in Winnipeg?
Very favourably. Built in 2020, it ranks in the top 3% of all homes citywide for construction year. Most homes in Winnipeg were built much earlier—the citywide average is 1966—so this is a significantly newer build than the vast majority of properties in the area.
5. What type of buyer would be less suited to this property?
Anyone who wants a large yard or plans to garden extensively might find the lot limiting. Also, buyers looking for a very quiet, low-traffic street might want to check the surrounding area—West Kildonan Industrial has a mix of residential and light industrial uses, so it’s not strictly a suburban feel.