Property Overview: 302 Cartesian Gate, Winnipeg
Key Characteristics & Appeal
This 1,592 sqft, two-storey home was built in 2019, offering modern construction in Winnipeg's Leila North neighbourhood. It features an attached garage and a basement that is functional but not renovated. The property sits on a 4,406 sqft lot, which is typical for its local area.
The primary appeal lies in its balance of space, age, and value. While its living area is modest for the immediate street and neighbourhood, it is notably above the city-wide average, making it a spacious option compared to much of Winnipeg's older housing stock. Its 2019 build date is a significant advantage, placing it among the newer homes city-wide and suggesting modern building standards and less immediate maintenance. The assessed value of $530k sits below average for the street and Leila North, but well above the Winnipeg average, indicating a perceived premium for its location and newer age.
This home would suit practical buyers looking for a modern, move-in-ready property without needing a full renovation. It's ideal for those who value newer infrastructure and efficient layouts over ultra-high-end finishes, given the unrenovated basement. It may also appeal to buyers who want more interior space than the typical Winnipeg home offers, even if the lot size is standard.
Frequently Asked Questions
1. How does this home's value compare to others?
The $530k assessment is below the average for both Cartesian Gate and Leila North, but ranks in the top 15% city-wide. This suggests you are paying a premium for a newer home in a desirable area, but potentially getting relative value within that specific neighbourhood.
2. What does "basement not renovated" imply?
It means the lower level is functional but finished to a basic standard. It offers valuable extra space for storage, utilities, or a recreation area, but may lack the polished finish of the main floors, presenting an opportunity for future customization.
3. Is the living space sufficient for a family?
At 1,592 sqft, it's above the city average, providing good overall space. However, it's slightly below the average for similar homes on its street and in Leila North. It would comfortably suit a small to medium-sized family, but those wanting above-average room sizes for the immediate area might compare it to slightly larger models nearby.
4. Why have there been two sales since 2019?
The home sold new in late 2019 and again in mid-2023. While the specific reasons are unknown, the relatively short ownership period could be due to common life changes like job relocation or upsizing. The increase in sale price between those periods aligns with broader market trends.
5. What is the context of the lot size?
The 4,406 sqft lot is very typical for the street and neighbourhood. It provides a standard suburban yard space but is smaller than the city-wide average lot, which includes many older, larger lots. This is typical for newer subdivisions and means outdoor space is adequate but not expansive.