295 Crestmont Drive

Property Overview: 295 Crestmont Drive, Winnipeg

Key Characteristics & Appeal

This is a modern, two-storey home built in 2023, offering the primary appeal of a nearly new property with minimal maintenance concerns. Its key characteristics include 1,412 sqft of living space, an attached garage, and a full (unrenovated) basement. The lot is a manageable 3,690 sqft.

The home’s appeal lies in its balance. It’s a contemporary build in a neighbourhood of similar new homes, providing modern layouts and systems. However, its living space and assessed value are notably below the current averages for both its immediate street and the Fraipont area, which could represent a value opportunity for a buyer comfortable with a more compact footprint. It would suit first-time buyers or downsizers seeking a modern, low-maintenance home without a premium price tag, or an investor looking for a newer property in a developing community. A thoughtful perspective is that while the home is new city-wide, it’s already among the older homes on its own street, indicating a rapidly built-up area.

Frequently Asked Questions

1. Is this a good value compared to neighbours?
Based on assessed value and living area, this home ranks below the average for both Crestmont Drive and the wider Fraipont area. This suggests it may be priced more accessibly than neighbouring homes, though condition and specific finishes will be the final determinant.

2. What does the "below average" ranking for size mean practically?
With 1,412 sqft, the home is smaller than most on its street (ranking 154 out of 163). This indicates efficient use of space and likely lower utility costs, but may mean tighter living quarters compared to direct neighbours.

3. The home is new, but what about the neighbourhood?
The home itself is a 2023 build, placing it in the top 1% city-wide for age. On Crestmont Drive, however, the average home was built in 2022, so the entire street is a very recent development, offering neighbourhood consistency but no established maturity.

4. What is the potential of the basement?
The listing confirms a full basement that is "not renovated." This represents a blank canvas for future expansion, adding potential living or storage space, but requires investment.

5. How does the lot size impact the property?
The 3,690 sqft lot is average for the street but below the city-wide average. This means lower outdoor maintenance, but also limited space for extensive landscaping, additions, or privacy.