Property Overview
4 Pennyhill Gate presents a modern, well-sized family home in Winnipeg's Leila North neighbourhood. Built in 2019, it offers the appeal of a relatively new construction with contemporary building standards and minimal immediate maintenance concerns. Its 1,853 sqft of living space is notably above the citywide average, providing ample room for family life. The property’s assessed value of $580k positions it as a premium offering within its immediate area and puts it in the top tier of homes across Winnipeg. The lot size is consistent with newer suburban developments, offering manageable outdoor space without excessive upkeep.
The home’s primary appeal lies in its balance of modernity, space, and location within a community of similar, recent builds. It suits buyers looking for a move-in ready property who want to avoid the surprises and renovation projects often associated with older homes. It’s particularly well-matched for growing families or professionals seeking a modern home in a settled suburban setting. A thoughtful perspective is that while the lot is average for the street, it is smaller than the Winnipeg citywide average, which may appeal to those seeking a lower-maintenance yard but could be a consideration for those with expansive outdoor ambitions.
Frequently Asked Questions
1. How does this home compare to others in the area?
The home ranks above average on Pennyhill Gate for its assessed value and year built. Its living space is slightly larger than the immediate street average, making it one of the more substantial and newer properties in this specific pocket of Leila North.
2. What are the likely maintenance considerations for a 2019 build?
As a home built just 7 years ago, major structural components like the roof, furnace, and windows should be in good condition, aligning with modern building codes. Buyers should still consider the impending need for routine servicing of appliances and systems, but can likely anticipate a period without significant capital repairs.
3. Is the assessed value a reliable indicator of the selling price?
The $580k assessment is a strong benchmark for municipal taxation, but market conditions ultimately determine sale price. The home last sold between $400k-$450k in 2019, so the current assessed value reflects significant appreciation. A professional market evaluation is recommended for pricing strategy.
4. What is the neighbourhood character of Leila North?
The provided data shows a mix of property ages, but this specific street and nearby gates (like Cartesian Gate) feature many homes built around the same time (2019-2022). This suggests a cohesive, modern subdivision feel within the broader, more established Leila North area.
5. How can I find out the exact historical sale prices?
The exact sold prices are not publicly displayed in detail. The listing agent or a registered real estate professional can access this information through the local MLS system. Third-party sites like this one may offer to provide precise historical data via a direct email request.