Property Overview: 340 Crestmont Drive, Fraipont
Key Characteristics & Appeal
This two-storey home at 340 Crestmont Drive is a notably modern property in a neighbourhood of newer builds. Constructed in 2024, it is one of the newest homes on its street and in the wider Fraipont area, which means it likely offers contemporary layouts, building standards, and minimal immediate maintenance. With 1,524 sqft of living space, it sits comfortably around the average for its immediate area but is above the city-wide average, offering a practical amount of room without being oversized. The property includes an attached garage and a basement (unrenovated), on a standard urban lot.
The primary appeal lies in its newness and its position within a modern, developing community. Buyers will be drawn to the potential for a move-in-ready home without the concerns of aging systems or outdated design. Its assessed value is positioned solidly in the middle range for the street, suggesting it is priced consistently with its peers. This property would suit first-time buyers or young families looking for a modern, low-maintenance home in a fresh neighbourhood, as well as investors attracted to a newer asset with likely lower repair costs in the near term. A thoughtful perspective: while the lot size is smaller than the Winnipeg average, this often translates to less yard upkeep, aligning perfectly with the modern desire for efficient, lock-and-leave living.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,524 sqft, this home is very close to the average for both Crestmont Drive (~1,629 sqft) and the Fraipont area (~1,668 sqft). It offers a practical size that is actually above the overall city average.
2. What does the "Elite" ranking for Year Built mean?
This indicates the home is among the newest 1% of properties when compared to its immediate street, the Fraipont area, and the entire city. It was built in 2024, making it exceptionally modern compared to Winnipeg's typical housing stock.
3. Is the assessed value high for the area?
The assessed value of $47.70k is around the average for Crestmont Drive and the Fraipont neighbourhood. It is considered above average when compared to the entire city.
4. What is the potential of the basement?
The listing confirms the basement exists but is not renovated. This presents a clear opportunity for future expansion or customization to add value and living space, subject to local permits and regulations.
5. How can I find out the exact historical sold price?
The provided sold price is a range based on public data. To obtain the exact figure, you can use the email request feature on the listing page. The service promises a manual reply by the end of the same day, with no unsolicited marketing use of your email.