Property Overview: 347 Cartesian Gate, Winnipeg
Section 1: Key Characteristics & Appeal
This 2022-built home in Leila North presents a compelling mix of modern convenience and relative value. Its primary appeal lies in its new construction, offering move-in readiness with contemporary building standards and minimal immediate maintenance concerns. At 1,566 sqft, it provides above-average living space for Winnipeg overall, though it is on the more compact side for its immediate street and neighbourhood.
The property’s assessed value of $410k sits significantly below the averages for Cartesian Gate and Leila North, suggesting a potentially more accessible entry point into a newer development area. However, this is paired with a notably smaller lot size, which is a consistent trait across all comparison levels. This creates a clear profile: a modern, efficiently sized home on a low-maintenance lot, ideal for those prioritizing the home itself over extensive outdoor space.
This home would best suit first-time buyers or downsizers seeking a newer build without a premium price tag, and who value a modern interior over a large yard. It’s also a practical choice for busy professionals who want a turnkey property with less upkeep. A less obvious perspective is its potential as a strategic purchase in an area where newer homes are still appearing; it offers modern amenities while the overall neighbourhood character is still evolving.
Section 2: Frequently Asked Questions
1. Is this a good value compared to neighbours?
The assessed value is below the average for both the street and the wider Leila North area, largely because the home and lot are more compact than many neighbours. You’re paying less for a newer house, but also getting less land.
2. What does the lot size mean for me?
At 2,787 sqft, the lot is significantly smaller than typical for the city and this neighbourhood. This means lower maintenance but very limited private outdoor space. It’s suitable for a small patio or garden but not for expansive landscaping, pools, or large gatherings.
3. How does the 2022 build date benefit me?
A home this new likely has modern building codes, energy efficiency, and warranties potentially still in effect for major components like appliances, windows, and the roof. It should require minimal urgent repairs.
4. Why is the living area ranking so different?
The home feels spacious compared to the Winnipeg city-wide average but is considered smaller among its immediate neighbours on Cartesian Gate. This highlights that it’s in an area of generally larger homes, so your direct comparisons may be to bigger properties.
5. What’s the likely reason for the sold price history shown?
The listed sale in 2022 (CA$450k-500k) was likely the initial purchase from the builder. The 2022 sale shown at CA$350k-400k for a nearby property suggests a wide range of pricing during the neighbourhood’s initial sales phase, possibly reflecting lot premiums or quick resales.