Property Overview: 196 Cartesian Gate, Winnipeg
Section 1: Key Characteristics & Appeal
This 2020-built home in Leila North is a modern, low-maintenance property with a renovated basement and an attached garage. At 1,576 sqft, it offers comfortable living space that is notably above the city-wide average for homes, providing good value for its footprint. Its assessed value places it in the top 10% city-wide, suggesting strong underlying value relative to the broader Winnipeg market.
The primary appeal lies in its balance of new construction benefits and established neighbourhood living. As a home built just six years ago, buyers can expect modern building standards, energy efficiency, and minimal immediate repair needs. The renovated basement adds flexible living or recreational space. A thoughtful perspective is its positioning: while the living area is slightly below average for its immediate street and area, it is significantly above the city-wide norm, making it a comparatively spacious home for those moving from many older Winnipeg neighbourhoods. It would suit first-time buyers seeking a move-in ready modern home, or downsizers looking for a newer, manageable property without sacrificing space. The data suggests it offers a "best of both worlds" scenario—newer home comforts within a mature community.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
While the living area is below the average for homes on Cartesian Gate and in Leila North, it ranks in the top 27% city-wide. This means it is actually more spacious than most homes across Winnipeg, offering a practical layout for its age.
2. What does the assessed value ranking indicate?
An assessed value in the top 10% city-wide generally indicates a property valued higher than 90% of Winnipeg homes. This can reflect the home's newer age, condition, and desirable attributes, though it's important to distinguish assessed value for taxes from current market value.
3. What are the benefits of a 2020 build?
A home built in 2020 offers modern construction codes, likely better energy efficiency, and contemporary wiring for technology. It also means major components like the roof, furnace, and appliances are relatively new, reducing the risk of near-term replacement costs.
4. Is the lot size typical?
The land area of 4,407 sqft is around average for both the street and the Leila North area. It provides a standard suburban yard size—manageable for maintenance while offering private outdoor space.
5. What is the history of sales on this street?
The home sold previously in July 2020. The provided data also shows several nearby and similarly valued properties, indicating an active, consistent neighbourhood. For the exact historical sold price of this specific property, you can request the information via email from the listing source.