Property Overview: 401 Cartesian Gate, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 401 Cartesian Gate is a modern, low-maintenance property built in 2022, making it one of the newest homes in its immediate area. Its primary appeal lies in its contemporary construction, which suggests modern building standards, energy efficiency, and minimal need for immediate repairs or updates. With 1,552 sqft of living space, it offers a comfortable size that is above the city-wide average for homes, yet it sits on a modestly sized lot (2,789 sqft), indicating a focus on the home itself rather than extensive outdoor space.
The property’s assessed value is notably below average for its specific street and neighbourhood (Leila North), but aligns more closely with the broader Winnipeg average. This creates an interesting dynamic: you are acquiring a newer home in a neighbourhood where it stands out for its age, but at a value metric that is competitive within the city. It would suit first-time buyers or downsizers seeking a modern, move-in-ready home without the premium often attached to new builds in newer subdivisions. It’s also a practical choice for those who prefer spending less time on yard maintenance and more on enjoying a contemporary interior.
A less obvious perspective is the trade-off: while you get a newer home, the lot size is significantly smaller than most in the city. This positions the property as an efficient, modern dwelling rather than a traditional family home with a large yard, potentially offering better value for those whose priorities are indoors.
Section 2: Frequently Asked Questions
1. Is this a good value for the money?
Based on the data, the home’s assessed value is below the average for its own street and neighbourhood. For a buyer, this could represent an opportunity to own a newer home (2022) at a value that is more aligned with—or even slightly above—the Winnipeg city-wide average, potentially offering modern amenities without a peak neighbourhood price.
2. What does the lot size mean for me?
At 2,789 sqft, the lot is smaller than most in Winnipeg. This means lower maintenance for gardening and yard work, but also less private outdoor space. It’s ideal for those not wanting extensive yard duties, but less suitable for those dreaming of large gardens, play structures, or expansive decks.
3. How does the living space compare?
At 1,552 sqft, the living area is above the city-wide average. This suggests a comfortably sized interior that is efficient for its newer design, though it is below the average for larger, older homes in the immediate Leila North area.
4. Why is the assessed value so different from neighbourhood averages?
The assessed value is likely lower than many neighbours because it is a newer home on a smaller lot. Many surrounding properties are likely older homes on larger, more traditional lots, which can command different value assessments based on land size and historical market patterns.
5. What is the sales history?
The home was previously sold in 2022 for an estimated range of CA$350k–400k. For the exact historical sold price, you can request the information directly via email from the listing service, as they provide this detail manually to ensure accuracy.