Property Overview: 314 Cartesian Gate, Winnipeg
Key Characteristics & Appeal
This is a modern, low-maintenance home built in 2019, offering the benefits of a newer construction without the premium of a brand-new build. Its key features include an attached garage and a full, unrenovated basement that presents a clean canvas for future development. The home’s primary appeal lies in its efficient size—at 1,617 sqft, it provides ample space for a small family or couple while remaining manageable and cost-effective to maintain. The lot is a standard size for the area, fitting neatly into the neighbourhood's character.
Statistically, the property presents an interesting profile. While its assessed value is modest compared to its immediate street and neighbourhood, it ranks well above the Winnipeg city-wide average. This suggests you may get more modern home for your dollar here than in many other parts of the city. The home suits first-time buyers looking for a move-in-ready property without major immediate projects, or downsizers seeking a newer, single-level living layout (assuming the main living areas are on one floor, typical of a "cabover" style). It’s a practical choice for those who value modern building standards and energy efficiency over a large, sprawling lot.
Frequently Asked Questions
1. Why is the assessed value lower than many neighbours?
While the assessed value is below the average for Cartesian Gate and Leila North, the home is newer than most in Winnipeg. Assessments consider multiple factors, and the lower valuation relative to the immediate area may reflect the unrenovated basement or specific market conditions at the time of assessment, not necessarily the home's condition.
2. What does "cabover" building type mean?
A "cabover" typically refers to a house style where the second story is positioned directly over the garage, often resulting in a efficient, compact footprint. This can mean a good use of interior space and a modern exterior profile.
3. Is the unrenovated basement a drawback?
Not necessarily. For some buyers, it's an advantage. It means there are no outdated renovations to remove, and you can customize the space to your exact needs and taste, potentially adding significant value. Ensure to budget and plan for this future project.
4. How does the living space compare practically?
At 1,617 sqft, it's above the city-wide average but slightly below the average for newer homes in Leila North. This indicates a well-sized home for many, but those needing substantial space for a large family or home offices should consider if the layout meets their specific needs.
5. What is the neighbourhood like?
Leila North features many homes of a similar vintage and style, suggesting a cohesive, modern community feel. The close proximity of other homes built around the same time (like the nearby 351 Cartesian Gate, built in 2022) points to a streetscape of newer developments.