Property Overview
This two-storey home at 256 Bonaventure Drive E in Winnipeg's Fraipont neighbourhood presents a balanced, modern offering. Built in 2017, it features nearly 2,000 sqft of living space, an attached garage, and a full, unrenovated basement. The property sits on a standard-sized lot of just under 5,000 sqft.
Key Characteristics & Appeal
The primary appeal of this home lies in its strong, above-average living space relative to its assessed value. It offers significantly more square footage than the typical Winnipeg home, while its city-wide assessed value ranking is also above average. This suggests a favourable balance of space for the price point. In its immediate area, the home is newer than most, offering modern construction without being brand new. The unrenovated basement presents a clear opportunity for future customization to add value and suit an owner's specific needs.
This property would suit practical buyers looking for a move-in-ready, modern home with room to grow. It's ideal for a young family seeking space in a neighbourhood of older homes, or for value-conscious buyers who prioritize square footage and the potential to finish a basement over having a premium lot size. Its "around average" metrics on its own street indicate it fits comfortably within the context of Bonaventure Drive E, offering a sense of neighbourhood consistency rather than standing out as an outlier.
Frequently Asked Questions
1. How does this home’s size compare to others?
With 1,965 sqft, this home is notably larger than average. It ranks in the top 15% for living area within the Fraipont neighbourhood and the top 12% city-wide.
2. Is the assessed value high for the area?
The assessed value of $510k is around the average for Bonaventure Drive E and Fraipont. However, city-wide, it ranks in the top 18%, indicating the home holds value well on a broader scale.
3. What does the "unrenovated basement" mean?
The listing confirms the basement exists but has not been renovated. It is a blank canvas, likely with rough-in for plumbing and electrical, allowing a new owner to finish it to their own specifications and budget.
4. How does the lot size impact the property?
The lot is approximately 4,844 sqft. This is slightly below the street average but above average for the Fraipont neighbourhood, representing a standard, manageable urban lot rather than an expansive one.
5. The home sold in 2017. What does that history indicate?
The home was initially sold when new in 2017 for an estimated $38.5k–$41.5k. The significant increase to its current assessed value reflects both market appreciation and the value added by the completed dwelling on the lot.