24 Atlas Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 2019-built home with 2,013 sqft of living space and a 5,095 sqft lot, located in the West Kildonan Industrial area of Winnipeg. Its standout feature is recency: the home was built in 2019, placing it in the top 4% city-wide for newer construction, while the average Winnipeg home dates to 1966. The living area is also notably generous, ranking in the top 11% across the city and well above both the neighbourhood and street averages (1,591 sqft and 1,800 sqft, respectively). The lot, however, is closer to the city median—slightly smaller than the street average but larger than most in the immediate neighbourhood.
The assessed value sits at $560,000, which is above average on the street (top 20%), in the community (top 11%), and city-wide (top 12%). This suggests the home is priced in line with its size and newness, but not dramatically overvalued for its immediate surroundings.
The appeal here is balance. Buyers get a modern home in a neighbourhood where the housing stock is newer than the city norm but not brand-new. The street itself is mostly 2019 builds, meaning this home fits in rather than stands out locally—which can be reassuring for resale consistency. The mismatch between a large living area and a moderately sized lot matters too: this suits someone who values interior space over a big yard. It would work well for a family wanting a functional layout without the maintenance of a larger property, or for a buyer who prioritizes a newer build’s efficiency and lower upkeep over older character homes.
It’s less suited to someone looking for a large private lot, a historic property, or a fixer-upper with renovation potential.
Frequently Asked Questions
1. How does this home compare to others on Atlas Crescent?
It’s slightly above average for living area (2,013 sqft vs. 1,800 sqft street average) and assessed value ($560,000 vs. $510,000 street average). The lot is a bit smaller than the street norm (5,095 sqft vs. 5,254 sqft), and the build year is essentially the same as most neighbours. So it’s on the higher end for size and price within the street, but not an outlier.
2. Is the assessed value realistic for a 2019 home?
Yes. Compared to the neighbourhood average of $443,000 and the city average of $390,000, this home’s $560,000 assessment reflects its newer construction and larger interior. The street average is also $510,000, so the home is above that but consistent with its position in the top 20% on Atlas Crescent.
3. Why is the lot size only in the top 52% city-wide, when the house is so large?
Newer subdivisions tend to have smaller lots, and this home was built on a lot that is generous for the neighbourhood (top 13% in West Kildonan Industrial) but average by Winnipeg standards. The city baseline includes older homes with much larger parcels. This is common for recent builds: you get more house, less land.
4. Would this be a good investment property?
Possibly, but with caveats. The home is near the top of its street for value, which limits short-term upside locally. However, its city-wide ranking for newness (top 4%) and living area (top 11%) means it holds its own against the broader market. It’s more of a stable holding than a high-appreciation play, especially if the neighbourhood doesn’t see major redevelopment.
5. What does “close to average” build year on the street mean?
Most homes on Atlas Crescent were also built around 2019. So this house is not unusually old or new for the street. The main contrast is with the city average—most Winnipeg homes are much older. If you want a home that blends in with its immediate neighbours rather than standing out by age, that’s the case here.