276 Atlas Crescent

276 Atlas Crescent – Property Summary

Key Characteristics & Buyer Profile

This 1,564 sqft home, built in 2019, sits on a 4,725 sqft lot in West Kildonan Industrial, Winnipeg. Its main appeal is a strong balance between relative newness and modest value. While the home is slightly smaller than the average on its street (1,800 sqft), it ranks well above average citywide for living area (top 27%) and assessed value (top 24%). The land is notably larger than most nearby properties—top 18% in the neighbourhood—giving it more outdoor space than typical for the area. The year built (2019) is essentially tied with the street average, but compared to Winnipeg as a whole (where the average home was built in 1966), it sits in the top 4% for newness. The assessed value of $473k is slightly below the street average of $509.6k but well above the citywide average of $390.1k.

This property would suit buyers who want a relatively new home without paying a premium for the newest construction in the neighbourhood. It’s also a good fit for anyone who values a larger lot than most newer infill homes offer—especially in an area where land tends to be smaller. The home may appeal to those who are comfortable with a slightly smaller floor plan compared to older, larger houses on the same street, but who prioritize a modern build and lower maintenance.

Frequently Asked Questions

1. How does the assessed value compare to the street average?
The assessed value is $473k, which is about 7% below the street average of $509.6k. That difference likely reflects the home having slightly less living area than the street norm, even though it’s newer and on a competitive lot.

2. Is the lot size considered generous for the area?
Yes, within West Kildonan Industrial. The lot is 4,725 sqft, ranking in the top 18% of the neighbourhood. That’s notably bigger than the average lot in the area (3,839 sqft). However, citywide, it’s more average—lots in Winnipeg tend to be larger, especially in older suburbs.

3. What does “top 4% citywide for year built” actually mean?
Out of nearly 195,000 comparable homes in Winnipeg, only about 6,800 are newer than this one. That means the home is in a very slim slice of the city’s housing stock for newness. For context, the average Winnipeg home was built in 1966, so this is a rare find if you want something modern with no major renovation needs.

4. How does the living area compare to the neighbourhood average?
The home is 1,564 sqft, which is slightly under the neighbourhood average of 1,591 sqft—only about 2% smaller. It’s a tight fit with the local norm, so you’re not sacrificing much space relative to nearby homes.

5. Why is the street ranking for living area lower than the citywide ranking?
The street (Atlas Crescent) has a higher average living area (1,800 sqft) than the citywide average (1,342 sqft). So even though this home is smaller than the street’s typical house, it’s still well above what most Winnipeg homes offer. That’s common in newer or more established subdivisions where houses tend to be larger.