Property Overview
51 Cartesian Gate is a modern, spacious home in Winnipeg's Leila North neighbourhood. Built in 2019, it offers over 2,200 square feet of living space on a roughly 4,800 square foot lot. Its most striking feature is its assessed value, which ranks in the top 3% of comparable homes on its street, in the neighbourhood, and citywide. The home last sold in the $800k-$850k range in 2022.
Key Characteristics & Appeal
This property’s primary appeal lies in its combination of a contemporary build, substantial interior space, and a premium market position. The living area is notably larger than average, placing it within the top 5-13% of homes across all comparison levels. As a 2019 build, it offers modern construction standards and systems without the concerns of an older home.
The standout characteristic is its elite assessed value ranking. This suggests it is not just a large, new home, but one that possesses qualities—such as premium finishes, a desirable layout, or a prime lot location on the street—that are consistently recognized well above the norm. It suits buyers looking for a move-in ready, modern property who value space and a strong, established valuation footprint. It would particularly appeal to those seeking a home that already demonstrates high perceived value within its community, potentially offering a sense of security for future resale.
Frequently Asked Questions
1. What does the "Elite" assessed value ranking actually mean?
It means the municipal property assessment for this home is higher than approximately 97% of comparable homes in Winnipeg. This reflects its combination of size, age, features, and location relative to the market.
2. The home sold in 2022 and 2019. What might explain the price increase between those sales?
The increase from the $550k-$600k range in 2019 to $800k-$850k in 2022 likely reflects a combination of strong market conditions during that period and the addition of landscaping, finishing touches, and general maturation of a then-brand-new property.
3. Is the lot size a drawback?
The lot is average for Cartesian Gate and Leila North but smaller than the typical Winnipeg lot. This is common for newer subdivisions. The trade-off is a modern, low-maintenance home with generous interior space, which may be preferable for many buyers over a larger, maintenance-heavy yard.
4. Who are the "comparable homes" used in these rankings?
The comparisons are tiered: first against immediate neighbours on Cartesian Gate, then against the broader Leila North area, and finally citywide. This shows how the property performs in increasingly competitive contexts.
5. How can I find out the exact past sold prices?
The exact sold prices are not publicly listed in detail. As noted on the listing, you can request this information directly via email from the source, SaveOnHouse, who will provide the precise figures.