Property Overview: 211 Bonaventure Drive W
Key Characteristics & Buyer Profile
This two-storey home, built in 2018, offers a modern foundation in Winnipeg’s Fraipont neighborhood. With 1,720 sqft of living space and an attached garage, it presents a practical, move-in-ready layout. The home’s appeal is rooted in its balance: it’s a newer construction requiring less immediate maintenance, yet sits at a below-average assessed value for its immediate street, suggesting potential value relative to its neighbors. The lot size is generous for the Fraipont area, offering above-average outdoor space for the community.
This property would suit first-time buyers or young families seeking a contemporary home in a settled area without the premium often attached to brand-new builds. It also appeals to the value-conscious buyer who recognizes that a lower assessment on a newer home might indicate an opportunity, especially when the home’s size ranks above average citywide. A key consideration is the unrenovated basement, which offers a blank canvas for future expansion but requires an upfront investment to finish.
Frequently Asked Questions
1. Is the lower assessed value on this street a concern?
Not necessarily. It indicates this home is valued below the street’s average, which could be due to its specific lot placement, finishes, or the unrenovated basement. For a buyer, this can represent a more accessible entry point into a street of similar, newer homes.
2. What does the “unrenovated basement” mean?
It means the basement is unfinished. It has been built to code (including plumbing and electrical rough-ins) but requires drywall, flooring, and finishing to become livable space. This is a common feature in newer homes, allowing owners to customize the space to their needs.
3. How does the home’s size compare practically?
While near the average for its street, the living area ranks in the top 20% citywide. This means you get significantly more space than a typical Winnipeg home, making it efficient for a growing family compared to many older properties.
4. The home sold in 2021. What can that history tell me?
The 2021 sale price provides a recent market benchmark. Comparing it to the current assessed value and any asking price helps gauge market movement. It’s a data point for understanding the home’s financial history in a relatively stable, newer neighborhood.
5. Is the lot size typical for the area?
Yes, and it’s a plus. The land area is above average for Fraipont, meaning you likely have more yard space than many direct neighbors. Citywide, it’s around average, so it offers a good balance of indoor and outdoor living for a suburban setting.