Property Overview
389 Cartesian Gate is a modern, low-maintenance home built in 2022, offering a move-in-ready opportunity in Winnipeg's Leila North neighbourhood. Its primary appeal lies in its new construction status, which means modern building standards, contemporary finishes, and minimal immediate repair concerns. The home's living area (1,566 sq ft) is comfortably above the city-wide average, providing generous interior space, though it sits on a smaller, more manageable lot compared to many older neighbourhood properties.
This property is ideally suited for first-time homebuyers, downsizers, or busy professionals seeking a modern home without the demands of a large yard or renovation projects. It also presents a solid option for investors looking for a newer asset with potentially lower maintenance costs. A thoughtful perspective is that this home offers modern efficiency in a neighbourhood where many homes are older; buyers get the benefits of a new build while potentially benefiting from the established community feel and mature greenery of Leila North.
Key Details & FAQs
Key Characteristics & Appeal
- Modern & Move-In Ready: Built in 2022, this is one of the newest homes in its immediate area and city-wide, ranking in the top 1%. Buyers can expect contemporary layouts, energy efficiency, and freedom from major near-term repairs.
- Space & Value: The interior living space is generous compared to the Winnipeg average, offering room to grow. The assessed value is around average for the city, suggesting the asking price may align with broader market norms for a home of this size and age.
- Low-Maintenance Living: The land area is smaller than most in the neighbourhood and city. This translates to less yard work and lower exterior maintenance, a key appeal for those seeking a simpler lifestyle.
- Ideal Buyer Profile: Perfect for first-time buyers wanting a modern home, downsizers looking to reduce upkeep, or investors seeking a newer rental property. It may be less suited for those prioritizing a large private yard or seeking a historic character home.
Frequently Asked Questions
1. Is the price fair for the neighbourhood?
The home's assessed value is below the average for both Cartesian Gate and Leila North, but aligns closely with the Winnipeg city-wide average. This suggests the property may be priced more accessibly within its immediate area while being standard for a modern home across the city.
2. What are the trade-offs for having a newer home here?
The main trade-off is lot size. You gain a modern, efficient home but with a smaller yard than is typical for the area. This is a common feature of newer infill developments compared to older, established lots.
3. How accurate is the sold price history shown?
The listed sale range (CA$350k–400k in 2022) is based on public data. For the exact historical sold price, you need to request it directly via the provided email service, which the site manually verifies.
4. What does "below average" for lot size really mean?
It means the lot is smaller than most. Specifically, it ranks in the bottom 15-17% compared to other homes on the same street and in Leila North. This isn't uncommon for newer builds and is a feature that minimizes yard maintenance.
5. Why is the Year Built ranking so high ("Elite — Top 1%")?
This statistic highlights that a 2022 build is exceptionally new compared to the existing housing stock. In its immediate area and even city-wide, the vast majority of homes are decades older, making this property's age a significant standout feature.