337 Atlas Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a newly built single-family home (2023) with 2,587 sq ft of living space, making it one of the largest properties on its street and in the surrounding West Kildonan Industrial area. It ranks in the top 2% for living space citywide, and its assessed value of $685,000 places it in the top 4% across Winnipeg. The lot is 5,199 sq ft—slightly below the city average but well above the local community norm, which suggests a more efficient use of land in a newer development.
The appeal here is straightforward: you're getting a house that is both newer and bigger than most comparable listings in the city, in a neighbourhood where the average home was built in 2021. That means fewer immediate maintenance concerns and a more modern floor plan. The property sits on Atlas Crescent, a street where the average home is about 1,800 sq ft and valued around $510,000. This home is a clear outlier in both size and price, which may appeal to buyers looking for something that stands out in a relatively uniform area.
This property would suit buyers who prioritize space and new construction over a central or established neighbourhood character. It's less suited for someone looking for a mature lot with large trees or a more eclectic mix of older homes. Families wanting room to grow, or buyers relocating from a larger market who are used to newer suburban layouts, may find it a good fit.
Frequently Asked Questions
1. How does this property compare to others on Atlas Crescent?
It ranks 3rd out of 123 homes on the street for living space, and 4th for assessed value. The average home there is roughly 1,800 sq ft and assessed around $510,000, so this property is significantly above both.
2. Is the land size a concern?
At 5,199 sq ft, the lot is average for the street but larger than the local community average (3,839 sq ft). It falls in the middle citywide. It's not a sprawling lot, but it's reasonable for a newer infill-style home. The home's footprint likely uses the space efficiently.
3. What does the assessed value of $685,000 mean for property taxes?
Assessed value is used to calculate property taxes, but the actual tax bill depends on the current mill rate. A home at this value would typically fall into a higher tax bracket, so buyers should confirm the exact annual amount with their realtor or the city before budgeting.
4. How does the build year affect long-term costs?
Being built in 2023 means the home is less than two years old. Major systems (roof, HVAC, windows) are under warranty or in new condition. That said, newer homes sometimes come with higher property taxes due to assessed value, and the landscaping or basement may still need finishing—so upfront costs beyond the purchase price are worth considering.
5. What is the West Kildonan Industrial area like for families?
The neighbourhood is more residential than the name suggests, with newer developments and a mix of single-family homes. Amenities are practical rather than trendy: schools, big-box retail, and highway access. For buyers wanting walkable cafes or a historic main street, this area would feel limited. It's better suited for car-dependent daily life.