Property Overview: 233 Cartesian Gate, Winnipeg

Key Characteristics & Appeal

This is a modern, two-storey home built in 2020, offering a move-in-ready opportunity with the benefit of a newer build’s efficiencies and contemporary layout. With over 2,000 square feet of living space, it sits comfortably above average for size both in its immediate Leila North neighbourhood and citywide. The property stands out for its generous, above-average lot size of over 6,300 square feet on Cartesian Gate, providing ample outdoor space—a notable find for a newer home. It features an attached garage and a basement (not renovated), presenting a blank canvas for future expansion.

The appeal lies in its balanced position: it’s a newer home in a well-established area, offering modern comforts without sacrificing yard space. Its assessed value is strong citywide, yet it remains around the average for its own street, suggesting it fits well within a consistent and stable local market. This home would suit buyers looking to avoid major renovations, who value a larger lot for gardening, children, or pets, and who prioritize a modern floor plan. It’s also a practical choice for those mindful of future utility costs, given the modern construction standards.

Frequently Asked Questions

1. How does the lot size compare to typical newer homes?
The lot is a key feature. At over 6,300 sq ft, it ranks in the top 10-14% within the local area, which is significantly larger than many newer developments where lots are often smaller. This offers more privacy and outdoor potential.

2. What does "basement, not renovated" imply?
The basement is developed but finished to a basic, builder-grade standard. It provides functional space but may lack custom finishes. This is often seen as a positive, allowing the next owner to customize it to their taste without the cost or hassle of a full excavation.

3. The home sold in 2020. What might that indicate?
As the first resale since its original construction, this sale can provide a clear, modern benchmark for market appreciation. It also means the home has only had one owner, potentially suggesting consistent maintenance and less wear-and-tear than a frequently turned-over property.

4. The assessed value is "around average" for the street but "above average" citywide. What does this mean?
This indicates Cartesian Gate and Leila North are desirable areas with higher-than-average property values overall. The home is a strong performer compared to the entire city, but is priced consistently with its immediate neighbours, which can be a sign of a stable, in-demand micro-market.

5. What are the likely ongoing costs for a home of this age?
Built in 2020, major components like the roof, furnace, and windows are still under or just approaching the end of their typical builder warranty periods. This suggests a period of relatively predictable maintenance costs before larger capital expenditures come due, which is a significant financial advantage.