Property Overview: 302 Evelyne Reese Boulevard, Winnipeg
Key Characteristics & Buyer Profile
This two-storey home, built in 2024, is a modern residence in the Fraipont neighbourhood. Its primary appeal lies in its new construction, offering move-in readiness and contemporary building standards without the wait for a build. With 1,327 sqft of living space, it is notably compact compared to most homes on its street and in Fraipont, but aligns closely with the average Winnipeg home size. The property sits on a smaller lot (1,978 sqft), which means minimal exterior maintenance but limited private yard space.
The home’s assessed value is significantly below average for its immediate area, which presents a compelling entry point into a newer build. This combination suggests a property that prioritizes modern interior living over expansive square footage or land. It would suit first-time buyers seeking a new, low-maintenance home, or investors looking for a modern rental property. The buyer should be comfortable with a more efficient floor plan and value new systems and finishes over lot size or neighbourhood prestige.
Frequently Asked Questions
1. Why is the assessed value so much lower than neighbouring homes?
The home is newer than almost all comparable properties in the area, but its smaller living area and significantly smaller lot size are the key factors that lower its assessed value relative to others on the same street and in Fraipont.
2. What does "below average" for living area in the neighbourhood mean practically?
It means the home’s interior space is efficiently designed. You can expect a modern layout, but rooms like bedrooms, living areas, or storage may be more compact than in older, larger homes in Fraipont. It’s ideal for those who prefer easier upkeep.
3. Is the basement finished?
No, the basement is present but unrenovated. This provides useful storage or mechanical space and offers future potential for customization, but it is not currently livable space.
4. How does the small lot size affect daily living?
The yard will require minimal upkeep, which is a benefit for those with busy lifestyles. However, outdoor private space for gardening, play, or entertaining will be limited. The close proximity to neighbouring homes is also a factor to consider.
5. The sold price history shows a range. What is the exact prior sale price?
The exact sold price is not publicly displayed in the listing history. You can request this information directly via the "Get exact sold price history" feature on the listing page, and the service provider will email it to you.