Property Overview: 105 Lucerne Place
Key Characteristics & Appeal
This two-storey home in Fraipont offers a practical and modern living space built in 2019. Its key appeal lies in its above-average proportions and established yet young neighbourhood setting. With 2,079 sqft of living area, the home provides significantly more space than the average Winnipeg house, ranking in the top 9% city-wide. It sits on a 5,236 sqft lot, which is notably larger than most in its immediate area and neighbourhood, offering good outdoor space for a newer property.
The home suits buyers looking for a move-in ready, relatively new build without the premium often attached to brand-new construction. It’s ideal for growing families or professionals who value space and a modern floorplan but also appreciate a lot size that allows for gardening, play, or future additions. A thoughtful perspective is that while the build year (2019) is newer than most city homes, it is actually slightly older than many on its own street, which may indicate a more settled streetscape with established landscaping. The attached garage and full (though unrenovated) basement add functional utility. Its assessed value is consistently above average for the neighbourhood and city, suggesting a solid and recognized valuation in the market.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
This property’s living area is in the top 20% on Lucerne Place and the top 9% in the wider Fraipont neighbourhood, meaning it is genuinely a larger-than-average home for the area.
2. Is the lot size typical for a newer home like this?
No, the lot is a standout feature. At over 5,200 sqft, it ranks in the top 13% on its street. Many newer subdivisions have smaller lots, so this offers more private outdoor space than is common for a 2019 build.
3. What does the “below average” ranking for Year Built on its street mean?
This simply indicates that many homes on Lucerne Place were built even more recently (averaging around 2020). The home is still modern but on a street where construction may have continued after this one was completed, offering a slightly more established feel.
4. The last sold price shows a range from 2019. How is the current assessed value determined?
The assessed value of $568,000 is set by the municipal authority for tax purposes, based on market trends and property characteristics. It is notably higher than the 2019 sale price, reflecting market appreciation, and sits above the average for both the neighbourhood and city.
5. Are there any obvious features this property lacks?
Based on the data provided, the home does not have a swimming pool. The basement exists but is noted as not being renovated, representing potential for future finishing to add even more living space.