Property Overview: 118 Whitehorn Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home at 118 Whitehorn Crescent in the Fraipont neighbourhood is a modern property, built in 2023. With 1,496 sqft of living space, three bedrooms, and an attached garage, it offers a practical layout for contemporary living. Its key appeal lies in its balance of being a newer build within a more established area. While its lot size is modest compared to city-wide averages, this often translates to lower maintenance, which can be a significant draw.
The home suits first-time buyers or small families looking for a move-in-ready property without the concerns of aging infrastructure. Its assessed value positions it as a solid, mid-range option in its immediate area, offering good value for a recent build. A thoughtful perspective is its potential for energy efficiency and lower immediate repair costs due to its age, which can provide budget predictability. It may also appeal to those who prefer a newer community feel while still being part of a larger, established neighbourhood fabric.
Section 2: Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,496 sqft, the living area is slightly below the average for Whitehorn Crescent itself but is very close to the average for the broader Fraipont area. It offers a comfortable size typical for the neighbourhood.
2. Is the basement finished?
No, the basement is present but not renovated. This provides a blank canvas for future expansion or storage, adding potential value down the line.
3. What does the "Elite" city-wide ranking for Year Built mean?
This indicates the home is newer than approximately 99% of all homes in Winnipeg. This is a standout feature, suggesting modern construction standards, materials, and likely newer major systems like plumbing and electrical.
4. The assessed value seems low. Is that accurate?
The assessed value of $46,400 is for municipal tax purposes and is not the market value or listing price. It is consistently around the average for the immediate street and neighbourhood. Market value is determined by current sale prices and conditions.
5. What are the trade-offs for having a newer home on a smaller lot?
The benefit is a modern, low-maintenance home. The trade-off is less outdoor space compared to many older Winnipeg properties. This is ideal for those who prefer spending less time on yard work but may not suit those wanting extensive gardens or large private outdoor areas.