Property Overview: 358 Cartesian Gate, Winnipeg
Key Characteristics & Appeal
This 1,280 sqft home, built in 2019, presents a compelling mix of modern convenience and relative value. Its primary appeal lies in its age; being only seven years old, it is a notably newer property compared to the average Winnipeg home, suggesting less immediate concern for major repairs or outdated systems. The assessed value is positioned above the city-wide average, indicating solid municipal valuation for its category.
However, the home’s characteristics reveal a nuanced profile. Its living space is significantly smaller than most comparable homes on its street and in the Leila North area, though it aligns more closely with the city-wide average. Similarly, the lot size is modest for the immediate neighbourhood. This positions the property not as a spacious family estate, but as a efficient, low-maintenance modern dwelling. It last sold in the 2021 market for an estimated $450k-$500k.
This home would best suit first-time buyers or downsizers seeking a turn-key, newer build without a premium price tag for excessive square footage. It’s also a practical choice for investors or buyers who prioritize modern construction and city-average value over lot size or being the largest home on the block.
Frequently Asked Questions
1. Is this a good value for the money?
Based on its above-average city-wide assessment and modern build year, it represents a fair value, particularly for buyers who prioritize newer construction over maximum square footage.
2. How does the size compare to nearby homes?
The living area is below average for Cartesian Gate and Leila North. Buyers should view this as a more compact, efficient home on a street and in an area where many houses are larger.
3. What does the sold price history indicate?
Its sale in 2021 fell within the $450k-$500k range. For context, its current assessed value is $53,300. Note that assessed value for tax purposes is not a market valuation.
4. Who would this property not suit?
Buyers needing ample indoor living space or a large yard for recreation may find it limiting compared to other options in the broader area.
5. How can I get the exact historical sold price?
The exact sale price is not publicly listed. You can request it directly via the provided email form on the listing page; the service aims to provide the figure manually by the end of the same day.