Property Overview
47 Cartesian Gate is a modern, spacious home in Winnipeg's Leila North neighbourhood. Built in 2019, it stands out for its generous 2,305 sqft of living space, which places it within the top 9% of homes locally and the top 5% city-wide. Its assessed value of $765,000 ranks even higher, in the top 4% of the street and top 3% across Winnipeg, signaling a premium property. The lot size is a standard suburban parcel at just under 5,000 sqft. Recent sales history shows significant value growth, having sold between $550k-$600k in 2019 and $800k-$850k in 2022.
Key Characteristics & Appeal
The primary appeal of this home lies in its combination of modern construction and above-average size, offering move-in-ready comfort without the need for immediate updates. Its standout characteristic is its elite assessed value relative to almost all comparison groups, which suggests a high-quality build, desirable finishes, or a premium location within the area. This isn't just a large house; it's a home that has been valued significantly higher than its peers by the assessment authority.
It would suit buyers looking for a turnkey, contemporary family home in a well-established suburban area. It's particularly suited for those who prioritize interior space and modern amenities over a very large yard. The substantial appreciation between its last two sales also makes it of interest to buyers viewing real estate as a long-term investment, though this past performance is no guarantee of the future.
Frequently Asked Questions
1. Why is the assessed value so much higher than the city average?
An assessment in the top 3% city-wide typically reflects a combination of the home's size, modern age (2019 build), quality of construction, and specific location within its neighbourhood. It indicates the municipality views it as a substantially above-average property.
2. What does the sold price history tell us?
The home sold for approximately $550k-$600k in 2019 and $800k-$850k in 2022. This indicates strong appreciation over that three-year period. For the most precise sold prices, you can request the exact figures via email from the listing source.
3. Who would this home not be ideal for?
It may not suit buyers seeking a large, sprawling yard, as the lot is fairly standard for the area. It might also be less ideal for those on a strict budget, as the premium assessment and recent sale price suggest a higher price point.
4. How does it compare to its immediate neighbours?
The data shows it ranks 6th highest by assessed value out of 157 properties on Cartesian Gate, meaning it is one of the most valuable homes on the street. Its living area is also in the top 10% for the street.
5. Where can I see more detailed context about the location?
The listing suggests using the "Open neighbourhood map analysis" feature to see this property on a map alongside nearby homes, comparing details like year built, size, and value visually.