Property Overview & Key Characteristics
249 Cartesian Gate is a spacious, modern two-storey home in Winnipeg's Leila North neighbourhood. Built in 2019, it offers 2,285 sqft of living space, placing it in the top 10% of homes locally for size. The property sits on a 6,361 sqft lot and includes an attached garage. A key point to note is that the basement exists but is not renovated, presenting a blank canvas for future expansion.
Its appeal lies in its above-average metrics across the board for a relatively new build. It ranks highly not just in its immediate area but city-wide, particularly for living space (top 5% in Winnipeg) and year built (top 4%). This suggests a home that is both contemporary and roomier than most. The assessed value is also strong, positioned in the top 7% city-wide, indicating solid perceived market value.
This home would suit buyers looking for move-in-ready, modern space without needing to buy brand-new. It’s ideal for a growing family that values generous indoor and outdoor space. The unrenovated basement is a notable feature for a specific buyer: it could be a drawback for those wanting a fully finished home, but a clear opportunity for those who want to customize additional living space to their own taste and budget over time.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it consistently outperforms averages. On its own street, it's in the top 10% for living area and land size. In the broader Leila North area, it ranks in the top 12% for being newer. City-wide, its size and age are in the elite top 5%, meaning it offers more modern space than the vast majority of Winnipeg homes.
2. What does the "basement not renovated" condition imply?
It means the basement is unfinished. You have essential structural elements (foundation, ceiling, likely plumbing rough-ins) but will need to invest to add living space, bedrooms, or a recreation room. This is a key factor in pricing and future value-add potential.
3. The sold price history shows a sale in 2019 for ~$44.5k-$47.5k. Is that accurate?
No, that figure is not the full sale price of this house. It is likely a data artifact, such as a partial interest transfer or an error in public records. The current assessed value of $61.70k is a more reliable indicator of its municipal valuation for tax purposes, though market value can differ.
4. What are the possible reasons behind its high assessment value?
The high assessment (top 7% in Winnipeg) is directly tied to its key characteristics: a large living area on a sizable lot in a newer home. Assessors value these tangible attributes highly. It reflects the home's premium positioning relative to the city's older, smaller housing stock.
5. Who might this property not be suitable for?
It may not suit buyers seeking a fully turnkey home with no projects, due to the unfinished basement. It might also be less ideal for those prioritizing an ultra-modern, recently renovated interior, as a 2019 build may have standard finishes of that period. The size and lot may also be more than a single occupant or couple needs.