Property Overview: 31 Lucerne Place, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fraipont is a modern property, built in 2021, offering a move-in-ready opportunity with minimal upkeep in its immediate future. Its key appeal lies in a combination of new construction and generous outdoor space. With 1,621 sqft of living area, it sits above the city-wide average, providing comfortable room for a growing family or those who appreciate space. The attached garage and full (though unrenovated) basement add practical utility and future potential.
The standout feature is the land. At over 6,000 sqft, the lot is notably larger than most in its immediate neighbourhood and on its street, ranking in the top 5% locally. This offers a rare blend of a new home with ample yard space for gardening, recreation, or future additions like a deck or patio. The assessed value of $500k positions it as a premium property within Fraipont but aligns with above-average city-wide benchmarks.
This home would best suit buyers seeking a modern build without sacrificing yard size, likely young families or professionals who want low-maintenance living now with room to grow or customize later. It’s a solid choice for those who value being in a newer community with similarly aged homes, while still having a property that stands out on its block due to its lot dimensions.
Section 2: Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,621 sqft, the home is slightly below the average for Lucerne Place itself but is larger than the typical Winnipeg home. It offers above-average space city-wide, but on its specific street, you’ll find some larger homes.
2. What does the "unrenovated basement" mean?
It indicates the basement is finished and usable as living space but has not been recently updated. It presents a blank canvas for future customization but is functional as-is.
3. Is the assessed value a reliable indicator of the selling price?
The $500k assessment is a strong benchmark for municipal taxation. Market value can vary based on condition, market trends, and buyer demand, but it places the property in an above-average tier city-wide.
4. What are the advantages of a 2021 build?
A home this new typically means modern building codes, energy efficiency, and major components (roof, HVAC, appliances) being under 5 years old, minimizing near-term repair costs and headaches.
5. The lot size is highlighted as elite for the street. What are the practical benefits?
Beyond more private outdoor space, a larger lot in a newer subdivision is uncommon. It provides better spacing from neighbours, more landscaping options, and can be a lasting value driver as the neighbourhood matures and smaller lots become the norm.