Property Overview: 226 Tennant Gate, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2018, offers modern construction in Winnipeg's Leila North neighbourhood. Its key characteristic is a balance of above-average citywide size (1,844 sq ft of living space) within a more modest local footprint, situated on a standard urban lot. The home features an attached garage and an unrenovated basement, presenting a functional, move-in-ready canvas.

The appeal lies in its relative newness, which typically means fewer immediate major repairs and modern building standards, coupled with a living space larger than most Winnipeg homes. It suits practical buyers seeking a contemporary, low-maintenance structure without the premium of a brand-new build. It’s particularly well-matched for young families or professionals who value modern interiors and efficient layouts over expansive outdoor space. A thoughtful perspective: its assessed value is notably lower than many direct street comparables, which could indicate either a value opportunity or reflect specific property conditions, warranting closer inspection.

Section 2: Frequently Asked Questions

1. How does the property’s size compare to the area?
While the living area is above average for Winnipeg overall, it is roughly average for the immediate Leila North area. The lot size is slightly below average for the street, suggesting a focus on indoor living space over yard size.

2. What does the “unrenovated basement” imply?
The basement is finished but has not been updated since the home was built in 2018. It offers functional space but may have basic finishes, presenting a blank slate for future personalization or upgrades.

3. Why is the assessed value lower than many neighbours on the same street?
The assessed value is below the street average. This can be influenced by many factors, including specific lot characteristics, interior finishes, or the precise timing of the assessment. It’s advisable to review the detailed assessment and compare recent sale prices for clarity.

4. Is the 2018 build date a significant advantage?
Yes. Being built in 2018 places it among the newer homes in Winnipeg, which often translates to modern building codes, energy efficiency, and likely several years before major components like the roof or HVAC require replacement.

5. What is the context of the last sold price (2019)?
The home sold in mid-2019 for between $425,000 and $455,000. This historical price provides a market baseline from that time, but current value will be driven by today’s market conditions, recent upgrades, and comparable sales.