Property Overview
73 Cartesian Gate is a modern, well-sized home in Winnipeg's Leila North neighbourhood. Built in 2020, it offers the appeal of a nearly new property with minimal maintenance concerns. Its 1,719 sqft living space is comfortably above the citywide average, providing ample room for a growing household or those who value space. The property sits on a standard city lot of just under 5,000 sqft, offering manageable outdoor space.
The home’s primary appeal lies in its balance of modern construction and established value. While it ranks as an average-sized home on its own street, its assessed value places it in the top third locally and in the top 8% citywide, suggesting it is perceived as a solid asset in a desirable pocket of the city. It would suit first-time buyers seeking a move-in-ready home without the risks of an older property, or practical investors looking for a modern rental with strong long-term value retention. A thoughtful perspective is that while the home is new, the neighbourhood itself is established, offering the blend of fresh infrastructure within a mature community setting.
Frequently Asked Questions
What does the "Top X%" ranking mean for the assessed value?
It means this home's official assessed value is higher than that percentage of comparable homes in the comparison group (street, area, or city). For example, being in the "Top 8%" citywide indicates its assessed value is greater than 92% of homes across Winnipeg, signaling strong perceived market value.
Is the sold price from 2020 still relevant today?
As the initial sale price when the home was new, it establishes a baseline. Current market value would be influenced by factors since 2020, but this history shows the premium typically paid for brand-new construction.
How does the lot size compare to older neighbourhoods?
At 4,821 sqft, the lot is average for Leila North but about 25% smaller than the typical citywide average lot. This reflects the more efficient land use of newer developments, resulting in less yard maintenance but also less private outdoor space than some older areas.
What are the implications of the "Elite" ranking for year built?
Ranking in the "Top 3%" citywide for year built highlights how few Winnipeg homes are as new as this one. This suggests a lower likelihood of major near-term repairs (like roof or furnace replacement) compared to the typical city home, which averages an age of over 50 years.
Who would this home not be ideal for?
It may not suit buyers seeking a very large lot for extensive gardening or expansion, or those preferring the unique architectural character and larger yards often found in much older neighbourhoods. It's a practical, modern home in a settled area.