Property Overview: 287 Evelyne Reese Boulevard
This modern two-storey home in Fraipont offers a balanced and move-in-ready opportunity. Built in 2023, it requires no immediate updates and presents a low-maintenance lifestyle. With 1,587 sqft of living space, it sits above the city average, providing comfortable room for a family. The attached garage and full (though unrenovated) basement add practical utility. Its appeal lies in its new construction status within an established neighbourhood, offering modern systems and finishes without the wait or uncertainties of a brand-new development. The property suits first-time buyers seeking a modern home without a premium price, or downsizers looking for a manageable, contemporary layout without the burden of impending repairs.
Key Considerations & FAQs
While the home is modern, the lot size is more compact compared to many in Fraipont and across Winnipeg. This means less yard maintenance but also more limited private outdoor space. The unrenovated basement presents a blank canvas for future expansion but requires an investment to finish. Here are answers to some common questions:
1. How does this home compare in value to others nearby?
The assessed value of $470k is around the average for both its immediate street and the broader Fraipont area, suggesting it is priced consistently with its local market.
2. Is the basement usable in its current state?
Yes, the basement is full and functional for storage or utilities, but it is not a finished living space. It offers significant potential for future customization.
3. What are the property taxes likely to be?
Property taxes would be based on the $470k assessed value. You can obtain an accurate estimate by applying the current City of Winnipeg mill rate to this assessment.
4. The home is very new. Are there any builder warranties still in effect?
As a 2023 build, it is likely that some original builder warranties on major components may still be transferable. Reviewing the original documentation is essential to confirm what remains covered.
5. How does the lot size impact outdoor living?
The 3,576 sqft lot is smaller than many in the neighbourhood. This typically means a smaller backyard, which reduces maintenance but may limit options for large decks, gardens, or play structures.