Property Overview: 325 Crestmont Drive
Key Characteristics & Appeal
This is a modern, two-storey home built in 2024, offering a move-in-ready opportunity in Winnipeg's Fraipont neighbourhood. Its key characteristic is its new construction, placing it in the top 1% of homes for age both locally and citywide. The 1,442 sqft living space is efficiently designed, coming in slightly below the average for its immediate street but aligning closely with the typical Winnipeg home. It features a renovated basement and an attached garage.
The primary appeal lies in acquiring a nearly new property, which typically means lower immediate maintenance costs and modern building standards. It suits first-time buyers or young families looking for a contemporary home without the wait of a build, and practical buyers who value modern efficiency over expansive square footage. A thoughtful perspective is that while the lot size is modest citywide, it is average for the area, suggesting a low-maintenance yard that aligns with a modern, busy lifestyle. The property’s assessed value is positioned solidly in the middle range for the street, indicating it is priced consistently within this newer development, offering stability rather than standing out as an outlier.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,442 sqft, the home is slightly more compact than the average on Crestmont Drive, but it is very close to the citywide average for living area. This suggests a efficient, modern floor plan.
2. What are the benefits of such a new build?
A 2024 construction date means major components like roofing, HVAC, and appliances are under warranty and built to recent codes. This can translate to significant savings on repairs and updates in the first decade.
3. Is the assessed value a reliable indicator of the selling price?
The last sold price (2024) and current assessed value are closely aligned, showing stability. In a newer, homogeneous area like this, assessments often track closely with market values, but a professional appraisal is always recommended.
4. How does the lot size impact the property?
The lot is 3,691 sqft, which is below the city average but typical for Fraipont. This means less yard maintenance, which many buyers see as a benefit, but may not suit those seeking extensive outdoor space.
5. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but the specific finish and layout are not detailed. This should be verified during a viewing to understand if it's a finished living space, a recreational room, or has a separate entrance.