Property Overview: 202 Crestmont Drive, Winnipeg
Key Characteristics & Appeal
This two-storey home at 202 Crestmont Drive in the Fraipont neighbourhood is a modern property built in 2020. Its primary appeal lies in its above-average living space (1,666 sq ft) and its contemporary construction, which places it among the top 3% of homes citywide for age. The home features an attached garage and a basement that is present but not renovated, offering a blank canvas for future expansion.
The property suits buyers looking for a move-in ready, modern home without the premium often attached to brand-new builds. It’s particularly well-suited for those who value interior space over a large yard, as the lot size is more compact compared to local and city averages. The recent sale history suggests a stable and desirable location within Crestmont Drive. A thoughtful perspective is that this home offers modern efficiency and less immediate maintenance, but the unrenovated basement and smaller lot mean future upgrades or outdoor space are trade-offs to consider.
Frequently Asked Questions
1. How does this home compare to others on the street?
It has more living space than many neighbours (ranking in the top 29%) and is of a similar assessed value. However, it is on a smaller lot and is slightly older than the newer builds on the street.
2. What does the "unrenovated basement" mean?
The basement is finished and usable but has not been recently updated. It presents a functional space that a new owner could customize to their taste over time.
3. Is the assessed value an accurate reflection of market price?
The assessed value is around average for the immediate area but is above average citywide. Recent sold prices on the street indicate the market value is likely higher, as seen in the March 2024 sale range provided.
4. What are the trade-offs of a smaller lot?
A smaller lot (3,622 sq ft) means less yard maintenance and potentially lower property taxes, but it also offers less private outdoor space for gardening, play, or expansion compared to many city homes.
5. How modern are the home's systems and structure?
Built in 2020, the home is only 6 years old. Buyers can expect contemporary building standards, newer major systems (like HVAC and plumbing), and modern energy efficiency, which is a significant advantage over the city's older housing stock.