Property Overview: 282 Evelyne Reese Boulevard, Fraipont
This two-storey home, built in 2024, presents a modern living opportunity in Winnipeg’s Fraipont neighbourhood. With 1,400 sqft of living space and an unrenovated basement, it sits on a 2,677 sqft lot and does not include a garage or pool. Its most defining characteristic is its new construction, ranking it among the newest 1% of homes both locally and city-wide. The property’s assessed value is notably modest compared to many area homes, which may indicate a different property class or assessment approach rather than a direct reflection of market value.
Key Characteristics & Appeal
The primary appeal of this home lies in its age. As a 2024 build, it offers the benefits of a modern construction, including current building codes, energy efficiency, and minimal immediate maintenance. Its living space is slightly below average for Fraipont but aligns closely with the Winnipeg average, suggesting a practical, manageable size for many households.
The property’s standout trait is its statistical profile: it’s a very new home with a relatively low assessed value for its area. This combination could suit first-time buyers or investors seeking a modern property without a premium price tag, or those who value new infrastructure but are budget-conscious. It’s important to note the home lacks a garage and the lot size is compact relative to many city properties, which may appeal to buyers seeking lower maintenance. The unrenovated basement presents a blank canvas for future finishing to add value and space.
Frequently Asked Questions
1. Why is the assessed value so much lower than some nearby comparable homes?
The data shows a significant variance in assessed values within Fraipont. This specific property’s assessed value is in a lower bracket, which may be due to its property class (e.g., condominium vs. freehold) or specific assessment factors. It’s crucial to verify the exact title and property type.
2. What does the "Elite" ranking for Year Built mean?
This statistical badge indicates the home is newer than approximately 99% of comparable properties in its ranking group. Simply put, it’s a very recent construction, which is its most significant competitive advantage.
3. Is the sold price history provided the exact price?
No. The listed sold price (e.g., ~38.50k – 41.50k for 7/2024) is a range based on public data. The exact sale price can be requested directly from the site via email, as noted in the details.
4. The home has no garage. Is street parking readily available?
The listing confirms no garage. Prospective buyers should visit the street to assess typical parking availability and check for any permit restrictions or seasonal parking bylaws.
5. How does the living area and lot size compare to a typical Winnipeg home?
At 1,400 sqft, the living area is very close to the city-wide average. The lot size of 2,677 sqft, however, is smaller than about 93% of city properties, indicating a more compact, low-maintenance yard which is common in newer developments.