Property Overview
15 Pennyhill Gate is a modern, two-storey home in Winnipeg's Leila North neighbourhood. Built in 2019, it offers 2,204 sqft of living space and sits on a 5,006 sqft lot with an attached garage. The home features a basement, which is noted as not being renovated, and does not have a pool.
Section 1: Key Characteristics & Appeal
This home’s primary appeal lies in its modern foundation and above-average space within its immediate context. It is a relatively new build, which typically translates to modern building standards, energy efficiency, and minimal immediate repair needs. The living area is notably spacious compared to most homes on its street, in Leila North, and across Winnipeg, placing it in the top tier for size.
The property suits buyers looking for a move-in-ready, contemporary home who value space and a newer build over a recently renovated basement. It’s an ideal fit for growing families or professionals needing room to work from home, offering a blank canvas in the basement for future customization. A thoughtful perspective is its strong positioning within its own micro-market (Pennyhill Gate), where it ranks highly for lot size, living area, and value—suggesting it’s a standout property on a street of desirable, newer homes. This can be a stabilizing factor for future value.
Section 2: Frequently Asked Questions
1. What does "basement not renovated" imply?
It indicates the lower level is unfinished or in a basic, builder-grade state. This presents a cost-saving opportunity for buyers who wish to customize the space to their own needs and timeline, rather than paying a premium for a finished layout they may want to change.
2. How does the assessed value compare to the last sold price?
The current assessed value is listed at $61,400. Public data shows it last sold in June 2019 for an estimated range of $47,500-$50,500. This increase reflects market appreciation and the establishment of the then-new home within the community.
3. Is the lot size typical for the area?
At just over 5,000 sqft, the lot is larger than average for Pennyhill Gate (ranking in the top 5%) but is around the citywide median. In Leila North, it's slightly below the area average. This offers a good balance of yard space without excessive maintenance.
4. What is the neighbourhood like?
Leila North features many newer homes, as seen with nearby properties. The direct proximity to other homes built around the same time (2019-2022) suggests a cohesive, modern streetscape with neighbours likely at similar life stages.
5. Why are the citywide comparison numbers for Assessed Value and Sold Price so different?
The "city-wide" metrics compare this home to a broad group of "comparable homes" across Winnipeg, not the entire market. The sold price comparison shows this home's past sale price was competitive against similar homes citywide at that time. The assessed value is a current municipal valuation for tax purposes.