Property Summary: 317 Cartesian Gate, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 2019, presents a compelling mix of modern convenience and value-focused positioning. Its key characteristic is its relative newness within a city-wide context, ranking in the top 4% for year built compared to Winnipeg's predominantly older housing stock. This suggests buyers can expect contemporary building standards and minimal immediate repair needs.

The appeal lies in its efficient use of space. While the 1,546 sqft living area and 2,950 sqft lot are below average for the immediate street and Leila North area, they are actually above the city-wide average for living space. This positions the home as a manageable, low-maintenance property without feeling cramped by broader standards. The attached garage adds practical convenience. Its assessed value sits around the city median, indicating a fair market price point, but it stands out as a significantly newer home than typical for that price range in Winnipeg.

This property would suit first-time buyers or downsizers seeking a modern, turn-key home without a premium lot size. It’s also a practical choice for value-conscious buyers who prioritize the condition and age of the building itself over having a large yard or the biggest floor plan on the block. The data suggests it offers a way to own a relatively new build in a settled neighbourhood.

Frequently Asked Questions

1. Is this a small house?
It depends on your benchmark. For the Leila North area and Cartesian Gate street, the living space is below the local average. However, compared to the entire city of Winnipeg, its living area is above average. It's an efficiently sized, modern home.

2. Why is the assessed value so much lower than some nearby sales?
The provided sold price history shows a significant increase between its 2019 and 2022 sales. The current assessed value of $39.40k (likely meaning $394,000) is a municipal assessment for tax purposes and may not reflect the current market value. It's essential to request the exact sold price history and consult a real estate agent for a current valuation.

3. What does "basement yes, not renovated" mean?
This indicates the home has a basement, but it is in its original, unfinished state as built in 2019. This offers blank-canvas potential for future development like a rec room or extra storage, but it is not a livable, furnished space as-is.

4. How does the lot size impact living here?
The lot is compact, ranking below average at every comparison level. This means lower outdoor maintenance but also limited space for extensive gardening, large play structures, or major expansions. It emphasizes a low-maintenance lifestyle.

5. The home is newer, but how does the neighbourhood compare?
Leila North features a mix of older and newer homes. This property is newer than most in the area (top 12%), offering modern amenities within an established community with mature infrastructure and landscaping, which can be a desirable combination.