Property Overview: 362 Cartesian Gate, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 362 Cartesian Gate is a modern, well-sized property built in 2019. With nearly 1,900 sqft of living space, it offers more room than the average Winnipeg home, placing it comfortably above the city-wide norm. Its assessed value is notably strong compared to the broader market, suggesting good value retention.

The appeal lies in its balance of contemporary construction and practical space. As a newer build, it likely requires less immediate maintenance than older city homes. It sits on a standard lot for its immediate Leila North neighbourhood, offering a manageable yard. The property would suit buyers looking for a move-in ready, modern home who prioritize interior space over a large lot. It’s a solid choice for professionals, young families, or downsizers seeking a newer property without venturing into the premium price tiers of brand-new construction.

A less obvious perspective is its positioning within its own street and area: while its size and age are impressive city-wide, they are more typical for Cartesian Gate and Leila North. This indicates you’re buying into an established, consistent neighbourhood of similar, relatively new homes, which can be preferable for stable community feel and resale.

Section 2: Frequently Asked Questions

1. How does this home truly compare to others nearby?
While its living space and age are above average for Winnipeg overall, they are more aligned with the averages on its own street and in Leila North. This means you get a modern, spacious home that fits right into the local fabric of the neighbourhood.

2. What is the likely sold price, given the assessed value?
The home last sold between $400k-$450k in 2020. Its current assessed value is $55.30k. It’s important to note that in Manitoba, assessed value for tax purposes is typically a fraction of market value. The exact historical sold prices are available by request from the listing source.

3. Is the lot size a drawback?
The land area is smaller than many lots on its street and in the area. This means less yard maintenance but also less private outdoor space. For buyers who prioritize a large garden, it may be a limitation; for those who prefer low-maintenance living, it’s a practical fit.

4. What are the benefits of a 2019 build?
A home built in 2019 is still relatively new, likely featuring modern building codes, energy efficiency, and contemporary floor plans. Major components like the roof, HVAC, and appliances are typically still within their expected lifespan, potentially reducing near-term repair costs.

5. Who would this property not suit?
It may not be ideal for buyers seeking a character home, a very large lot, or a property that stands out significantly in size and age from its immediate neighbours. It’s a home that offers modern comforts within a neighbourhood context of similar properties.