Property Overview: 31 Tennant Gate, Winnipeg
Section 1: Key Characteristics & Appeal
This 2017-built, one-storey home in Leila North offers modern construction in a move-in-ready state. With 1,346 sqft of living space, an attached garage, and a full (unrenovated) basement on a 4,625 sqft lot, it presents a practical, low-maintenance layout. Its core appeal lies in a compelling value proposition: the home's assessed value is significantly above the Winnipeg city-wide average, yet it sits well below the average for its own street and neighbourhood. This suggests a potentially more accessible entry point into a newer-built home within a community where properties generally command higher prices.
The home would suit first-time buyers or downsizers seeking a contemporary property without the premium often attached to newer builds in immediate comparison groups. It’s also a pragmatic choice for value-focused buyers who prioritize the benefits of modern construction (like updated building codes and systems) over having the largest home on the block. A less obvious perspective is its appeal to those interested in future equity growth; as a newer home priced below its immediate peers, it may have a different trajectory as the area matures.
Section 2: Frequently Asked Questions
1. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This provides a blank canvas for future expansion or storage but does not add currently livable square footage.
2. How does the assessed value compare?
The home’s assessed value is notably strong city-wide (ranking in the top 22%), but is below average for both Tennant Gate and the wider Leila North area. This indicates the property is a relative value within its specific, higher-value locale.
3. What does the living area size mean for the neighbourhood?
At 1,346 sqft, the living area is smaller than most direct neighbours on the street and in Leila North, but is very close to the Winnipeg city-wide average. It offers efficient, modern space rather than expansive square footage.
4. How old is the property?
Built in 2017, the home is relatively new. It is newer than 95% of homes across Winnipeg, but is around the average age for its specific street, which is also a newer development area.
5. Where can I find exact historical sold prices?
The listed sale history shows estimated ranges. The exact sold prices are available by emailing a request directly through the listing service, which provides the accurate figures manually.