Property Overview: 188 Cartesian Gate, Winnipeg

Key Characteristics & Appeal

This two-storey home in Leila North is a modern, low-maintenance property built in 2019. With 1,782 sqft of living space and an attached garage, it offers comfortable, contemporary living. The home’s standout feature is its relative newness; it ranks in the top 4% citywide for year built, meaning it’s significantly newer than the average Winnipeg home and likely requires fewer immediate major repairs. Its assessed value places it well above the city average, suggesting a solid investment in a desirable tier of the market.

The appeal lies in its balance. It’s not the largest home on its street or in the area, but it is newer than most. This positions it perfectly for buyers seeking a turn-key home in a settled neighbourhood without the quirks or renovation projects of an older property. It would suit young professionals, growing families, or downsizers looking for modern comforts, efficient layout, and the peace of mind that comes with newer construction systems like plumbing, wiring, and insulation. The unrenovated basement presents a clean canvas for future customization to suit the buyer’s needs.

Frequently Asked Questions

1. Is the price fair for the area?
The home’s assessed value is around average for Cartesian Gate and Leila North, but ranks in the top 12% citywide. This indicates you’re paying for a property that holds above-average value across Winnipeg, likely due to its newness, while being priced in line with its immediate neighbourhood.

2. What does “basement not renovated” mean?
It typically means the lower level is unfinished or partially finished with basic construction (e.g., concrete floors, exposed framing). It’s a functional space for storage or utilities, but offers the opportunity to add living space, a recreation room, or a suite in the future according to your taste and budget.

3. How does the lot size affect living here?
At 4,407 sqft, the lot is fairly standard for newer subdivisions. It provides adequate outdoor space for a patio, garden, or play area without the extensive maintenance of a much larger yard. This is often seen as a positive for those seeking a manageable property.

4. The home sold in 2022. What does that recent history suggest?
A sale just three years after the home was built suggests the first owners’ circumstances changed. It’s not an unusually short occupancy. The sale price range from 2022 provides a recent market benchmark, but current value will be influenced by market conditions and any updates made since.

5. What are the pros and cons of a 2019 build?
The major pro is modern building codes, energy efficiency, and warranties that may still be transferable. A less obvious consideration is that the neighbourhood landscaping and trees will still be maturing, and any initial construction issues in the development would likely have surfaced and been addressed by the first owners.