Property Overview: 39 Chelston Gate, Winnipeg

Key Characteristics & Appeal

This home at 39 Chelston Gate is a well-proportioned, modern property built in 2016. With 1,615 square feet of living space, it offers more room than most homes on its street and significantly more than the average Winnipeg house. Its assessed value of $481,000 is notably above the city-wide average, positioning it as a premium offering in the broader market, though it sits around the median for its immediate Peguis neighborhood.

The appeal lies in its balance of modern construction and efficient scale. As a home built just 10 years ago, it ranks among the newest 6% city-wide, suggesting lower immediate maintenance costs and modern building standards. The lot size of just over 4,100 square feet is typical for the street but smaller than most city lots, which translates to less yard upkeep—a plus for buyers seeking a manageable outdoor space. Recent sale activity on the street indicates a stable, established community.

This property would best suit buyers looking for a move-in ready, modern home in a mature neighborhood, who prioritize interior space over a large yard. It’s ideal for professionals or small families wanting a comfortable, above-average sized home without the maintenance demands of an older property or a vast lot. The value proposition is strongest when viewed from a city-wide perspective, where its modern age and living space stand out.

Frequently Asked Questions

1. How does this home’s value compare to its neighbors?
The home’s assessed value is very close to the average for both Chelston Gate and the wider Peguis area, indicating it is priced consistently within its immediate market. Its value is significantly higher than the Winnipeg city average.

2. What does the lot size mean for potential renovations or additions?
At 4,101 sq. ft., the lot is average for the street but below the city-wide average. This is typical for newer subdivisions. While sufficient for a deck or garden, space for a large addition or pool may be limited. Always check with the city for zoning and setback requirements.

3. The home sold recently in 2024. What does that data indicate?
The 2024 sale price fell within the top 21% city-wide, confirming its premium positioning in the broader market. The sale also suggests the street is an active, desirable part of the neighborhood.

4. Is a 2016-built home likely to have major issues?
Homes from this era benefit from modern building codes and materials. While no home is without potential issues, major structural or systemic problems common in older homes are less likely. Attention would typically be on components like appliances, HVAC systems, or finishing details, which are approaching a decade of use.

5. How energy-efficient might this home be compared to older stock?
Built in 2016, this home likely incorporates better insulation, windows, and efficient heating systems than the Winnipeg average home (built in 1966). This can translate to noticeably lower utility costs, an important but less obvious factor in long-term affordability.