Property Overview: 217 Tennant Gate, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Leila North presents a compelling blend of modern living and generous space. Built in 2017, it offers the advantages of a relatively new construction, including contemporary building standards and minimal immediate maintenance. Its key physical attributes are a renovated basement, an attached garage, and a substantial 2,107 sqft of living area, which places it well above average for Winnipeg.

The property’s standout feature is its exceptional lot size of over 9,400 sqft, ranking it among the top 3% on its street. This offers rare potential for outdoor living, gardening, expansion, or simply enjoying ample private space—a significant perk in a city setting. The home’s assessed value positions it in an elite tier locally, suggesting a premium offering for the area.

Its appeal lies in this balance: a modern, move-in-ready home without the typical trade-off of a small urban yard. It would suit buyers looking for a long-term family home with room to grow, those who value outdoor privacy and potential, and purchasers seeking a property with strong statistical standing in its neighbourhood and city-wide.

Section 2: Frequently Asked Questions

1. What does the "elite" assessed value ranking mean for this property?
It indicates the home’s municipal assessed value is among the highest 2-5% compared to similar properties in its immediate area and across Winnipeg. This typically reflects a combination of the home's size, condition, lot size, and market position, but it is not a direct indicator of future sale price.

2. The home sold in late 2021. What might have changed since then?
While the core structure and lot remain unchanged, the renovated basement and overall condition would be four years older. A prospective buyer would want to understand the scope and quality of the basement renovation and check for any updates or maintenance performed by the current owners since the last sale.

3. How does the large lot size impact ownership?
Beyond the benefits of space, a lot of this size may involve higher municipal taxes relative to properties with smaller footprints. It also means more yard maintenance. However, it provides a notable degree of privacy and separation from neighbours, which is increasingly rare.

4. The home is "around average" in year built for its street. What does that imply?
This suggests Tennant Gate is likely a newer street or subdivision, with most homes built around the same 2017 period. This can be positive, indicating a neighbourhood with similar-aged infrastructure and a consistent community aesthetic, but it also means many neighbours may have similar upgrade or maintenance timelines.

5. Why is the city-wide comparison for the year built considered "elite"?
This highlights Winnipeg’s older housing stock, where the median build year is 1966. A 2017 build is therefore in the top 5% for newness city-wide, pointing to advantages in energy efficiency, modern layouts, and building code compliance that are not as common across the broader market.