Property Overview: 107 Crestmont Drive, Fraipont, Winnipeg
Key Characteristics & Appeal
This two-storey home at 107 Crestmont Drive is a modern, low-maintenance property built in 2021. Its primary appeal lies in its efficient, above-average size for both the living space (1,835 sq ft) and the lot (4,033 sq ft) within its immediate neighbourhood and street, offering more room than many comparable local homes. The attached garage and unfinished basement provide practical storage and future expansion potential.
The home’s value is underscored by strong performance metrics. It ranks in the top 20% of Crestmont Drive for both living area and assessed value, indicating it is a sizable and well-regarded property on its own street. A key, less obvious perspective is its city-wide context: while the lot size is typical for newer suburbs, the home itself is notably newer than the Winnipeg average, placing it in the top 2% city-wide for year built. This suggests a buyer acquires a modern structure with contemporary building standards, likely requiring fewer immediate repairs than the typical Winnipeg home.
This property would suit first-time buyers or young families seeking a move-in ready home in a developing neighbourhood, as well as value-conscious buyers who appreciate a modern build but also see potential in customizing an unfinished basement to their own taste over time.
Frequently Asked Questions
1. How has the property’s value changed?
Based on available data, the home sold for between $44.5k-$47.5k in June 2021 and again for between $58.5k-$61.5k in December 2024, indicating appreciation over its holding period.
2. Is the basement usable?
The basement is included in the living area square footage but is noted as “not renovated.” It is a full, unfinished space, offering blank-canvas potential for future development.
3. How does this home compare to others on the street?
It ranks above average on Crestmont Drive for living area (top 15%), land area (top 18%), and assessed value (top 20%), meaning it is consistently one of the larger and more valuable homes on this specific block.
4. What are the property taxes?
The assessed value for tax purposes is $51,600. You can estimate annual property taxes by applying the current municipal and education tax rates to this assessment.
5. Are exact historical sale prices available?
The precise sale prices are not published publicly. The listing service offers to provide the exact figures via email upon request, as the data shown is a range derived from public records.