Property Overview: 23 Crimson Way, Fraipont
Key Characteristics & Appeal
This two-storey home, built in 2019, offers modern living with a renovated basement and an attached garage. Its key appeal lies in its strong standing within its immediate neighborhood. The living space (1,688 sqft) is notably above average for both the street and the wider city, offering more room than many comparable homes. A significant characteristic is its assessed value, which ranks in the top tiers for Crimson Way, Fraipont, and Winnipeg, suggesting a perception of solid value and quality relative to its peers. The lot size is typical for the local area.
The property suits buyers looking for a relatively new build that minimizes immediate maintenance concerns, while the renovated basement adds flexible living or recreational space. It’s an ideal fit for growing families or professionals who value space and modern construction, but who don’t require a large yard, as the land area is more modest by city-wide standards. A thoughtful perspective is that this home represents a balance: it offers the benefits of a newer home in a settled neighborhood, potentially providing a comfortable middle ground between brand-new subdivisions and older, character homes.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it consistently outperforms averages. Its living area is larger than 74% of homes on its street, and it’s newer than 93% of homes citywide. Its assessed value is also in the top 11% on Crimson Way, indicating it’s considered a higher-value property in its direct vicinity.
2. What does the assessed value ranking mean for property taxes?
A higher assessed value relative to neighbors generally leads to higher property taxes. While it signals the home is valued well, buyers should factor this into their ongoing cost calculations.
3. The home sold in 2019; is there more recent price history?
The provided sold price is from its original sale in April 2019. For the exact and most recent sale price, you can request it via email from the site, as this information is verified and provided manually.
4. Is the lot size a drawback?
The 4,169 sqft lot is average for Fraipont but below the Winnipeg average. It suits those who prefer lower yard maintenance. For buyers prioritizing extensive outdoor space or privacy, it may be a consideration.
5. What is the significance of the renovated basement?
Beyond added living space, a renovated basement in a 2019 home suggests thoughtful updates and immediate usability. It’s a valuable feature for entertainment, a home office, or a secondary family room without the need for a future project.