Property Overview: 23 Tennant Gate, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated two-storey home in Leila North presents a compelling blend of modern convenience and established neighbourhood living. Built in 2017, it offers the appeal of a relatively new construction, which translates to contemporary building standards and less immediate concern for major repairs. Key features include 1,837 sqft of living space, a renovated basement, and an attached garage.
The home’s primary appeal lies in its balanced positioning. While it sits around the average for its immediate street and area in terms of size, value, and lot (4,723 sqft), it stands out significantly when viewed city-wide. Its living area and assessed value rank within the top 16% and 10% of Winnipeg respectively, indicating you get more home for your money compared to the broader market. The 2017 build date is a true asset city-wide, ranking in the elite top 5%, meaning it is notably newer than the typical Winnipeg home.
This property would suit buyers looking for a move-in ready, modern family home in a mature neighbourhood. It’s ideal for those who value space and newer infrastructure but don’t necessarily need the largest lot on the block. It represents a smart choice for practical buyers seeking a home that outperforms the city average without the premium of a brand-new subdivision.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its recent sale price?
The home sold in October 2024 for between $655,000 and $685,000. This sale price ranked in the top 6% for the area and top 4% city-wide, meaning it sold for a premium well above its assessed value, reflecting strong market demand for newer homes in established neighbourhoods.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but the specific finishes and layout are not detailed. This is a key point to clarify with the listing agent to understand if it’s a finished recreational space, includes a suite, or has other specialized rooms.
3. Is the neighbourhood mostly newer homes or established ones?
The data shows a mix. While this home is from 2017, its build date is actually below average (Top 83%) for Leila North, implying the immediate area contains many homes built even more recently, making it a newer pocket within the wider community.
4. What are the property taxes likely to be?
Property taxes are based on the assessed value, which is $579,000. You can calculate an estimate by applying the current City of Winnipeg mill rate to this assessed value.
5. How does the lot size affect future potential?
At 4,723 sqft, the lot is slightly below average for the street and area. This is a consideration if you have plans for major expansions like a large addition, pool, or detached garage, as space may be more limited compared to neighbouring properties.