Property Summary

Key Characteristics & Buyer Profile

This is a well-positioned single-family home with 1,603 square feet of living space—above average for its street, area, and citywide. Built in 2017, it ranks among the newest homes on Chelston Gate (top 8%) and in the top 5% citywide for year built, meaning you’re getting modern construction and likely energy-efficient systems without the maintenance headaches of an older house.

The tax-assessed value of $513,000 sits above average across all comparisons, especially citywide, where it lands in the top 18%. That reflects both the newer build and the lot size (4,342 sq ft), which is generous for the street but slightly below average citywide. The property ranks in the top 13% on its street for lot size, so outdoor space is a real asset compared to immediate neighbours.

Appeal lies in the balance of modern construction with a yard that feels spacious without being unmanageable. It’s not a huge house, but the square footage is efficient—likely a well-laid-out two-storey or bungalow with decent room sizes.

Best suited for buyers who want a turnkey property that’s less than a decade old, don’t want to deal with renovations, and value a solid outdoor space. Could work for a young family, empty nesters downsizing from an older home, or anyone who wants a newer build in an established neighbourhood without the cookie-cutter feel of a new subdivision.

Five Possible FAQs

1. How does this home compare to others on the same street in value?
It’s assessed at $513K versus the street average of $485K, placing it in the top 18%. That’s partly due to being one of the newest homes here and having a larger-than-average lot.

2. Is the lot size a limitation or an advantage?
It depends on your priorities. On its street it’s above average (top 13%), so you’ve got more yard than most neighbours. Citywide, it’s in the bottom 31%, meaning it’s not a sprawling lot—but for a 2017 build, that’s typical. Great for manageable upkeep.

3. What does “tax-assessed value” tell me about the actual market price?
It’s a baseline, not a guarantee of sale price. In Winnipeg, assessed values tend to lag behind market shifts. This home’s assessment is above its area and city medians, which suggests it’s a higher-value property, but you’d still want a comparative market analysis.

4. How does the living area rank in practical terms?
1,603 sq ft is above the city median of 1,342, and top 25% citywide. That means it’s genuinely spacious for Winnipeg—especially for a newer home, which often run smaller than older builds. You’re getting solid space without paying for square footage you won’t use.

5. Where exactly is “Chelston Gate” and what’s the neighbourhood like?
Chelston Gate is a street in the Peguis area of Winnipeg. It’s an established residential zone. The property ranks well within its immediate street and area, which suggests a consistent, well-kept block. For a full picture—nearby lot sizes, year builds, and values—opening the neighbourhood map analysis (linked on the original page) is worthwhile.