Property Overview: 25 Wapta Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in the Fraipont neighbourhood presents a practical and modern living opportunity. Built in 2019, it offers the appeal of a relatively new construction, meaning major systems like roofing, windows, and appliances are likely still within their expected lifespan, reducing immediate repair concerns. With 1,816 sqft of living space, it sits comfortably above the city-wide average, providing ample room for a growing family or those who appreciate more spacious interiors.
Its primary appeal lies in its balanced positioning. The home isn't an outlier in its immediate area but represents a solid, above-average offering when viewed in the broader city context. It suits buyers looking for a move-in-ready, modern home without the premium often attached to brand-new builds. The attached garage and standard lot size add to its functional, family-oriented profile. It would particularly suit first-time buyers stepping into a long-term home, or downsizers seeking a manageable yet spacious modern layout without the upkeep of an older property. A thoughtful perspective is that its "around average" assessed value for the street and neighbourhood suggests it’s priced in line with its peers, potentially offering a fair market entry point without the bidding frenzy that can surround more unique properties.
Section 2: Frequently Asked Questions
1. How does this home compare in size and value to others in Fraipont?
The living area is above average for the neighbourhood (ranking in the top 27%), while its assessed value is around the neighbourhood average. This suggests you get more interior space for a value that is typical for the area.
2. What does the sold price history indicate?
Records show it last sold in October 2019 for between $395,000 and $425,000. The current assessed value of $500k reflects market appreciation since that time. For the exact historical sold price, you can request the information directly via the listing page.
3. Is the basement finished?
No, the basement is noted as "not renovated." This presents a blank canvas for future expansion or storage but is not additional finished living space in its current state.
4. How does the lot size compare?
The land area of 4,817 sqft is above average for Fraipont but around average city-wide. It provides a standard suburban yard space but is not an exceptionally large lot.
5. What is the significance of the 2019 build year?
Built just 7 years ago, this is a notably newer home compared to the Winnipeg city-wide average (where the typical home was built in 1966). This modern build year is a key feature, likely implying contemporary layouts, materials, and energy efficiency standards.