Property Overview: 60 Pennyhill Gate, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 60 Pennyhill Gate is a modern, well-sized property built in 2018. With nearly 1,900 square feet of living space, it offers more room than most homes in Winnipeg and is notably spacious for its immediate street and neighborhood. It sits on a standard city lot, consistent with newer developments in the area.

The primary appeal lies in its balance of modern construction and above-average interior space, without the premium price often associated with a newer home citywide. Its assessed value is modest compared to the city average, suggesting a potentially efficient entry point into a contemporary property. The home would suit practical buyers looking for a move-in-ready, low-maintenance house from the last decade, particularly those who prioritize interior square footage over a large yard. It’s also a sensible option for value-conscious buyers who recognize that a newer build city-wide can still be competitively priced within a specific neighborhood like Leila North.

A less obvious perspective is that while the home is newer than most in Winnipeg, it’s actually one of the older homes on its own street, indicating a settled pocket within a newer subdivision. This can mean established landscaping and a more mature streetscape compared to brand-new constructions.

Section 2: Frequently Asked Questions

1. How does the home’s value compare?
The home’s assessed value is around average for Pennyhill Gate and Leila North, but ranks in the top 12% citywide. This indicates you are getting a property with a value profile that stands out across Winnipeg, while paying a typical price for its specific neighborhood.

2. What does the sold price history show?
Public records indicate it last sold between $400,000 and $450,000 in 2019. For the exact historical sold price, you can request details via email from the listing service.

3. Is the lot size a drawback?
The lot is standard for newer subdivisions. While not expansive, it is consistent with nearby properties on the street. Buyers seeking a large yard for gardening or recreation might find it limiting, but it aligns with the low-maintenance appeal of a newer home.

4. Who might this home not suit?
It may not be ideal for buyers seeking a historic character home or a very large, private lot. Given it’s among the older builds on its street, those wanting the absolute latest in home design and finishes might also consider newer constructions nearby.

5. What are the next steps for a serious buyer?
Reviewing the detailed neighborhood map analysis is recommended to compare this property visually with its neighbors on metrics like year built and lot size. Subsequently, viewing the property in person is essential to assess the layout, condition, and feel of the space firsthand.