48 Atlas Crescent – Property Summary
Key Characteristics and Buyer Profile
This is a 2019-built home with 1,871 square feet of living space on a 4,722-square-foot lot. Its assessed value is $492,000.
What stands out is the size relative to other homes. Citywide, this property ranks in the top 15% for living area—meaning it’s noticeably larger than most homes in Winnipeg. The assessed value also sits above average at the city and neighbourhood level, but it’s worth noting that on its own street, the value is slightly below the average of $509,600. That gap suggests there may be some variation in finishes or condition among nearby homes, even though they share a similar footprint.
The year built is a strong point. A 2019 build puts it in the top 4% citywide, which is uncommon for newer homes in an older city like Winnipeg. The land area is less of a standout locally—it’s near the middle of the pack on Atlas Crescent—but compared to the tighter lots often found in West Kildonan Industrial, this property offers more outdoor space than most neighbours.
This home would suit buyers who want a relatively new house with generous interior space, but who aren’t looking for an oversized lot. It’s a good fit for someone who values modern construction and a floor plan above average for the city, and who is comfortable with a street where assessed values are mixed.
Frequently Asked Questions
1. How does the living area compare to other homes in the neighbourhood?
The living area is above average for the area. It ranks in the top 17% within West Kildonan Industrial, where the average home is about 1,591 square feet. At 1,871 square feet, this property offers noticeably more room than most nearby homes.
2. Is this a good value for the assessed price?
Assessed value is $492,000, which is above the neighbourhood average of $442,900 and the citywide average of $390,100. However, it’s slightly below the street average of $509,600. That indicates the home is priced competitively for its street, but it may reflect differences in condition or updates compared to neighbours.
3. How old is the house, and is that typical for the area?
Built in 2019, it’s one of the newest homes citywide (top 4%). On Atlas Crescent, that’s average—many homes on the street were built around the same year. In the broader neighbourhood, the average build year is 2021, so this home is a few years older than some newer infill construction, but still very recent.
4. What is the lot size, and how does it compare?
The lot is 4,722 square feet. That’s on par with other homes on Atlas Crescent (average 5,254 square feet), but larger than most in the neighbourhood, where the average lot is 3,839 square feet. Citywide, it’s closer to average—many Winnipeg lots are larger—so this property offers decent outdoor space for the area without being oversized.
5. What does the ranking system mean?
The rankings compare this property to similar homes within three scopes: the same street, the neighbourhood, and the city. A rank like “Top 17%” means the home outperforms 83% of comparable homes in that category. Bars show roughly how many peers the property beats, and colours indicate performance tiers (e.g., green for strong, red for weaker). The averages given are approximate medians for each group.