71 Atlas Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 2020-built home with 2,046 sq ft of living space, sitting on a 5,039 sq ft lot, assessed at $528,000. The standout feature is its recency—the building year places it in the top 3% citywide, which is unusually new for a market where the average home was built in 1966. The living area is also well above average across all three comparison ranges (street, neighbourhood, and city), and the assessed value reflects that quality, ranking in the top 16% across Winnipeg.
Its appeal lies in a combination of newer construction and solid proportions, without being oversized or excessive. The lot size is moderate for the street but notably generous within the immediate neighbourhood (top 13%), which suggests more outdoor space than most nearby homes. For buyers, this means less risk of major renovations in the near term, a layout that’s spacious without being inefficient, and a property that holds its own in terms of value compared to older stock.
This home would suit buyers who want a relatively turnkey property with modern finishes and good space, but without paying a premium for an extreme lot or square footage. It’s a strong fit for families or professionals looking for a balance of newness and practicality, especially if they plan to stay in the area for a while. Less obvious: this property may also appeal to those who value data-driven comparables, as its rankings are consistent and above average across the board—a sign of stable positioning rather than a single gimmick.
Frequently Asked Questions
1. How does this home compare to others on Atlas Crescent?
It ranks in the top 24% for living area, top 25% for assessed value, and top 13% for construction year. The lot size is slightly below the street average (5,039 vs. 5,254 sq ft), but still in the top 30%. Overall, it’s a strong performer on the street, especially for newer construction.
2. Is the assessed value of $528,000 realistic for this area?
Yes. It’s above the neighbourhood average ($443,000) and street average ($510,000), which reflects the newer build and larger living area. The ranking (top 15% in the neighbourhood, top 16% citywide) supports the valuation as consistent with comparable properties.
3. Why is the lot size ranked lower citywide than locally?
The citywide average lot size is larger at 6,570 sq ft, so this lot sits near the middle (top 54%). But within the West Kildonan Industrial neighbourhood, lots tend to be smaller (average 3,839 sq ft), so this property’s lot is comparatively generous locally. It’s a case of context mattering more than a single number.
4. What does “top 3% for construction year” actually mean?
It means only about 3% of homes across Winnipeg are newer than this one. In a city where the median home was built in the mid-1960s, a 2020 build is very recent. This translates into fewer immediate upkeep costs, better energy efficiency, and modern building standards—things that matter for long-term ownership.
5. How does this property compare to newer builds in the same price range?
Many newer homes in this price bracket may have slightly smaller living areas or less land, or be located in newer suburbs further from central amenities. This property offers a newer build within an established neighbourhood, with above-average living space and a solid lot. The trade-off is that it’s not on a large suburban plot, but for buyers who prefer proximity to the city core and a more settled area, that’s often an advantage.