Property Overview: 127 Crestmont Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, two-storey home built in 2021, offering a move-in-ready foundation in the Fraipont neighbourhood. Its key appeal lies in its balance of contemporary construction and a manageable scale. With 1,525 sqft of living space, it sits comfortably in the middle range for its immediate area—neither the largest nor the smallest, which suggests a practical layout for everyday living. The home features an attached garage and a full, unrenovated basement, presenting a blank canvas for future expansion or storage.
The property’s standout characteristic is its age; compared to the city-wide average home built in 1966, this is a notably newer build, potentially reducing immediate concerns over major system or roof replacements. It suits first-time buyers or small families looking for a modern home without an oversized footprint or lot. The appeal is pragmatic: you’re purchasing recent construction in an established neighbourhood, with the trade-off being a land area that is more compact compared to many older city lots. It’s a fit for those who prioritize low-maintenance, modern interiors over expansive outdoor space.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home was last sold in April 2021 for an estimated range of $365,000 to $395,000. Its current assessed value is $405,000. This difference highlights the importance of obtaining the exact sale price and understanding current market conditions versus municipal assessment.
2. What does the "unrenovated basement" mean for a 2021 home?
For a home this new, it typically means the basement is unfinished. It has been left as a blank, insulated space with rough-ins for utilities, offering the next owner a straightforward opportunity to customize it to their needs without needing to undo previous work.
3. Is the lot size a limitation?
At 3,680 sqft, the lot is below average for both the street and the city. This means lower yard maintenance but may limit options for large additions, pools, or extensive landscaping. It aligns with a low-maintenance lifestyle.
4. How does this home rank within its immediate area?
The data shows it ranks in the middle to lower range on Crestmont Drive for size, value, and lot size, but is average for its age. This indicates it’s a typical, perhaps more affordable, option on a street that may have larger or more premium homes.
5. What are the implications of the attached garage in this climate?
An attached garage is a significant convenience in Winnipeg’s winters, providing direct, sheltered access to the home. This feature adds daily utility and can contribute to energy savings compared to a detached structure.