Property Overview
36 Pennyhill Gate is a modern, well-situated home in Winnipeg's Leila North neighbourhood. Built in 2019, it offers the benefits of a newer construction, including contemporary building standards and minimal immediate maintenance. With 1,593 sqft of living space on a 4,364 sqft lot, it provides comfortable suburban living without the upkeep of a larger property.
Key Characteristics & Appeal
This home’s primary appeal lies in its balance of modernity and value. It is a newer build in a city where the average home is significantly older, offering immediate move-in readiness. The property sits above average city-wide for both size and assessed value, suggesting it provides good space for its price point within the wider Winnipeg market. However, within its immediate street and neighbourhood, it trends as a more modest, average-sized home, indicating it fits seamlessly into a community of similar properties.
It would suit first-time buyers or downsizers seeking a modern, low-maintenance home without a premium "new community" price tag. It’s also a practical choice for value-conscious buyers who prioritize a newer building envelope and systems over having the largest home on the block. A thoughtful perspective is that this property represents a "sweet spot"—it delivers the advantages of new construction while being situated in an established area, potentially offering more mature landscaping and community cohesion than a brand-new subdivision.
Frequently Asked Questions
1. How does this home’s value compare to others?
City-wide, its assessed value is in the top 15%, indicating strong value relative to the entire Winnipeg market. On its own street and in Leila North, it is assessed slightly below the local average, which may present an opportunity.
2. What are the benefits of a 2019 build?
A home built in 2019 likely features modern insulation, wiring, plumbing, and building materials, leading to better energy efficiency and lower near-term repair costs compared to the city's average home from the 1960s.
3. Is the lot size a constraint?
The lot is average for the street but below average for the neighbourhood. This means smaller yard maintenance, which is a benefit for some, but may limit expansion or landscaping options for those wanting extensive outdoor space.
4. What is the exact past sale price?
The public data shows a sale in the range of $400k-$450k in 2020. For the precise historical sale price, you can request it directly via email from the listing source.
5. What kind of community is Leila North?
The listing shows several nearby properties with similar ages and values, suggesting a consistent, established neighbourhood character. The presence of many homes from the same era (2019-2022) on Pennyhill Gate points to a newer enclave within the larger area.