Property Overview
This two-storey home at 201 Cartesian Gate in Winnipeg's Leila North neighbourhood is a modern property built in 2019. Its key appeal lies in its balance of newer construction and above-average space, both indoors and out, for its local context. The home features 1,674 sqft of living space, an attached garage, and a full, unrenovated basement. The lot is a notable 5,347 sqft, which is larger than many in the immediate area. While its assessed value sits below the average for its own street and neighbourhood, it ranks well above average citywide, suggesting it may represent relative value within a newer, desirable area. This combination suits first-time buyers or young families looking for a move-in-ready home from this decade, with room to grow and potentially add future value through basement development. It also appeals to value-conscious buyers who prioritize a larger lot and newer build over being at the very top of the local market.
Frequently Asked Questions
How does this home’s value compare?
While its assessed value is below the current average for Cartesian Gate and Leila North, it ranks in the top 15% citywide. This indicates you are purchasing a newer, above-average sized home for Winnipeg, but within a specific neighbourhood where property values are generally higher.
What does the sold price history indicate?
The home sold new in late 2019 and again in late 2023. The price increase between those sales reflects significant market appreciation over that period, consistent with broader trends for newer homes during those years.
Is the lot size a significant feature?
Yes. At over 5,300 sqft, the lot ranks in the top 17% in Leila North. For a 2019 build, this is a less common find, as newer developments often have smaller lots. It offers more private outdoor space and future potential.
What should I know about the basement?
The listing notes the basement is "not renovated." This means it is finished as built in 2019 but may lack upgrades or a secondary suite. It presents a blank canvas for future customization.
How does the living space compare practically?
At 1,674 sqft, the home is slightly smaller than the immediate area average but larger than the Winnipeg city average. For a young family, the space is efficient and modern. The ranking data suggests it offers a balanced size—manageable without feeling cramped relative to most city homes.