Property Overview: 277 Cartesian Gate, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2019, offers modern living with a renovated basement and an attached garage. Its key appeal lies in its balance of being a relatively new build within a mature neighbourhood, offering move-in readiness with less immediate concern for major repairs. At 1,598 sqft, it provides above-average space compared to the typical Winnipeg home, yet it sits on a more compact, manageable lot.

The property presents a compelling value proposition. Its assessed value is notably below the average for its immediate street and the Leila North area, while being around the city-wide average. This suggests a potential opportunity for buyers seeking a newer home in this locale. It would suit first-time buyers or downsizers looking for a modern, low-maintenance property without a premium lot size, and for whom interior space and recent construction are higher priorities than a large yard.

A less obvious perspective is its "middle ground" positioning. It’s newer than most city homes but not the newest on its block; it’s spacious inside but on a smaller lot. This makes it a practical, no-fuss option for those who want modern comforts without standing out in either extreme of the market.

Section 2: Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
Not directly. The assessed value (listed as $42.30k) is for municipal tax purposes. The actual market value is expected to be significantly higher, as indicated by the sold price history of a nearby comparable home and the higher average assessed values in the area. Always consult a real estate professional for a current market evaluation.

2. What does "below average" land area mean for daily living?
The lot is smaller than most in the area. This typically means less yard maintenance, which can be a benefit for those seeking a low-maintenance lifestyle. However, it may limit options for extensive landscaping, large outdoor gatherings, or future expansions like a sizable deck or addition.

3. The home sold in 2019. What can that history tell me?
The 2019 sale was likely the original purchase from the builder. Knowing this starting point is useful, but the more relevant data would be recent sales of similar homes on the street (like 351 Cartesian Gate) to understand current market trends in this specific subdivision.

4. How does the "above average" city-wide living space compare to the neighbourhood?
While the home is more spacious than the average Winnipeg house, it's actually slightly below the average for Leila North. This highlights that the neighbourhood generally features larger homes, so you're getting a well-sized property that may feel more standard within its immediate community.

5. What are the pros and cons of a home built in 2019?
A significant pro is that major components like the roof, furnace, and windows are still relatively new and likely under warranty, reducing near-term repair costs. A potential con is that any design or material choices made by the original builder are now settled; this is a home past its brand-new stage, so a thorough inspection is still advised to identify any early wear or issues.