Property Overview
This two-storey home at 150 Eau-Claire Drive in Winnipeg's Fraipont neighbourhood presents a modern, low-maintenance living option. Built in 2022, it is a notably newer construction compared to the city's housing stock. The home offers 1,695 sqft of living space with an attached garage and a full, unfinished basement, providing a blank canvas for future expansion. Its appeal lies in its contemporary build, which likely translates to modern layouts, energy efficiency, and minimal immediate repair needs. The lot size is comfortable for the area but more compact compared to typical city lots, suggesting easier yard upkeep.
This property would suit first-time buyers or downsizers seeking a move-in-ready home without the concerns of an older property. It’s also a practical choice for those who prefer spending time on living rather than on constant maintenance and renovations. A less obvious perspective is its potential as a strategic purchase in a neighbourhood of mixed vintages; as one of the newest homes on the street, it may age well relative to its peers.
Frequently Asked Questions
1. How does this home compare to others in the area?
The home is above average for its year built and land size on its specific street and in Fraipont. Its living space and assessed value are consistently around the average for the immediate area, indicating it fits squarely within the local market context.
2. What does the "unfinished basement" mean for me?
The basement is a full, usable space but has not been renovated into living quarters. This is a significant opportunity to add value and customize the space to your needs, but it requires planning and investment for drywall, flooring, and fixtures.
3. Is the assessed value the same as the market price?
No. The municipal assessed value (listed as $49.30k) is for tax purposes and is typically much lower than the market sale price. Recent sold price data for similar homes on the same street suggests a market price significantly higher.
4. What are the trade-offs of a newer home on a smaller lot?
You benefit from modern construction and systems, but have less outdoor space than older city neighbourhoods often provide. This is a common trade-off in newer subdivisions, prioritizing the home itself over extensive yard work.
5. Why is the sold price history listed as a range?
To ensure accuracy, the precise sale price is provided manually upon request. The published range is based on public data and gives a reliable benchmark for what similar properties have sold for in recent years.