Property Overview: 223 Daylan Marshall Gate
This two-storey home in Leila North presents a specific and practical value proposition. Built in 2018, it offers modern systems and minimal immediate repair concerns. With 1,501 sqft of living space, an attached garage, and an unrenovated basement, it functions as a ready-to-use canvas. Its appeal lies in being a relatively new construction in a city where the average home is significantly older, offering a move-in-ready option without the premium often attached to brand-new builds. The property suits first-time buyers seeking a modern, low-maintenance start, or pragmatic investors looking for a recent build with rental potential. It’s a home that trades top-tier size or lot prestige for the efficiency and reliability of a contemporary structure.
A thoughtful perspective: while the home ranks below average in size and value within its immediate street and neighborhood, it stands well above average citywide. This highlights its position as a solid, middle-ground property—not the largest on the block, but a notably newer and more modern offering compared to the broader Winnipeg market. The unrenovated basement is a clear opportunity for future customization and value addition.
Frequently Asked Questions
Is this a good value for the area?
The assessed value is below the average for both Daylan Marshall Gate and Leila North, suggesting the property is priced modestly within its immediate context. However, citywide, its value ranks in the top 19%, indicating it holds stronger value compared to the overall market, largely due to its newer age.
What does "below average" for living area mean practically?
At 1,501 sqft, the home is smaller than most comparable houses on its street and in Leila North. This means efficient use of space is key. It may be ideal for smaller households or those who prioritize newer construction over maximum square footage.
How does the 2018 build year affect this home?
A 2018 build is a significant advantage. It means major components like roofing, HVAC, windows, and electrical are modern and unlikely to need costly replacement soon. This translates to predictable maintenance costs in the near term.
What is the potential of the basement?
The listing notes the basement is "not renovated." This means it is likely a blank slate—finished with basic essentials but awaiting personalization. This allows a buyer to customize the space to their needs (e.g., a rec room, home office, or additional bedroom) without first needing to undo someone else's renovation choices.
Why is the citywide ranking so different from the street ranking?
This contrast is the key to understanding the property’s profile. While it may be a smaller, more modestly valued home on a street of larger properties, it is a much newer home compared to Winnipeg's overall housing stock, which has an average build year of 1966. You are effectively buying a modern home in an established neighborhood.