297 Cartesian Gate

Property Overview: 297 Cartesian Gate, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 2019, presents a practical opportunity in Winnipeg's Leila North neighbourhood. Its key appeal lies in its modern age and efficient layout. At 1,571 sqft, the living space is notably compact for the immediate area but is actually above average for the city overall, suggesting a well-utilized floor plan without excess. The home features an attached garage and an unfinished basement, offering a blank canvas for future expansion.

The property’s standout characteristic is its newness relative to the broader Winnipeg market—it ranks in the top 4% citywide for year built. This translates to fewer immediate maintenance concerns and modern building standards. However, the lot is modest, especially compared to neighbouring properties, which is a typical trade-off for newer homes in established areas.

This home would suit first-time buyers or downsizers seeking a modern, low-maintenance property without the premium often attached to brand-new builds. It’s also a sensible fit for value-conscious buyers who prioritize the condition and age of the home over expansive square footage or large yard size. The unfinished basement is a clear pro for those wanting to customize additional space to their own needs and timeline.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
Not directly. The assessed value of $39.70k is for municipal tax purposes. Market value is determined by recent sales of comparable homes. The data shows the last known sale was in 2019, so a current market evaluation is essential.

2. How does the lot size impact living here?
The land area is below average for the street and neighbourhood. This means lower exterior maintenance but also limited space for large gardens, expansions, or outdoor recreation. It emphasizes the home as a comfortable interior space rather than an outdoor-focused property.

3. The home is described as "below average" for the area in several metrics. Is this a concern?
This context is important. While the home is smaller and on a smaller lot than many neighbours, it is significantly newer. You are effectively choosing a modern home over a larger, older one. For many buyers, this is a preferred trade-off.

4. What are the implications of the unfinished basement?
This is both a project and an opportunity. It adds no finished living space to the current square footage, but it allows you to create additional rooms (e.g., a family room, office, or bedroom) according to your taste and budget. Ensure you factor in renovation costs.

5. The home sold in 2019. What should I ask about its history?
It’s key to inquire about the reason for sale, any upgrades made since 2019, and the general maintenance history. As the original owner, they should be able to provide details on the home’s performance and any minor issues that have arisen in its first seven years.