Property Overview: 28 Pennyhill Gate, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 2019, offers modern living in Winnipeg's Leila North neighbourhood. With 1,674 sqft of living space and an attached garage, it sits on a 4,585 sqft lot. Its key appeal lies in its balance of being a relatively new build within a well-established city context. While its size and assessed value are fairly typical for its immediate street and area, the home's age is a significant standout—it's newer than roughly 96% of homes across Winnipeg. This suggests a property likely requiring less immediate major maintenance, with modern building standards and systems.
The home suits first-time buyers or young families looking for a move-in-ready, contemporary property without venturing into brand-new suburban developments. It also appeals to the practical buyer who values a newer structure but prefers the mature setting of an established neighbourhood over a raw, new subdivision. A thoughtful perspective: its below-average assessed value for the street could indicate an opportunity for equity growth as the home catches up to area norms, or it might reflect the unrenovated basement—a blank canvas for future improvement.
Frequently Asked Questions
1. How does this home's value compare to others in Winnipeg?
The home's assessed value is above average citywide, ranking in the top 14%. This indicates you are getting a property valued higher than most in Winnipeg, largely driven by its newer construction date.
2. Is the lot size typical for the area?
Yes. The land area is near the average for both Pennyhill Gate and the broader Leila North area. It is a standard urban residential lot, not exceptionally large or small for its setting.
3. What does "basement not renovated" imply?
The basement is developed but has not been updated. It provides extra space but may have basic finishes, representing a potential project to modernize it to your taste and increase the home's overall value.
4. The home sold in 2019. Is there more recent price history?
The provided sold price data is from August 2019. For the exact and most recent sale price, you can request the information via email from the listing source, as noted on the detail page.
5. How does the living space compare to nearby homes?
At 1,674 sqft, it is slightly below the average size for homes on its street and in Leila North, but it remains above the average living area for the entire city of Winnipeg.