Property Overview: 351 Crestmont Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fraipont is a modern property, built just two years ago in 2024. Its key characteristic is its new construction, placing it in the top 1% of homes for age both on its street and city-wide. With 1,498 sqft of living space, an attached garage, and a full (unrenovated) basement, it offers a contemporary layout for a growing household or professional couple.
The primary appeal lies in acquiring a nearly new home, which typically means lower immediate maintenance costs and modern building standards. The property sits on a 3,692 sqft lot, which is quite manageable and average for the immediate area. Interestingly, while the home itself is newer than most, its assessed value is positioned below the average for its neighbourhood, potentially representing a value opportunity in a newer building.
This home would suit first-time buyers or young families looking for a move-in-ready, modern property without the premium often attached to brand-new builds. It’s also a practical fit for buyers who prefer a smaller, low-maintenance yard and value being part of a fresh, developing community street, as evidenced by the nearby comparable homes built in 2023.
Section 2: Frequently Asked Questions
1. Is this a good value for a newer home?
The assessed value is below the current neighbourhood average, which is notable for a home this new. This could indicate a value proposition, but it’s essential to compare it with recent sale prices of similar homes on Crestmont Drive for a complete picture.
2. What does “basement, not renovated” mean?
It confirms the home has a full basement, but it is in its original, unfinished state. This is typical for newer homes and offers a blank canvas for future development, adding potential living space or storage.
3. How does the lot size compare?
At 3,692 sqft, the lot is average for Crestmont Drive and Fraipont but is below the city-wide average. This suggests a more compact, low-maintenance yard, which can be a benefit for those not wanting extensive outdoor upkeep.
4. The home sold recently in early 2024. Why is it back on the market?
While the specific reason isn’t provided, the quick resale of a nearly new home isn’t uncommon. Reasons can range from a change in the owner’s job or family circumstances to investment-related decisions. A property history review or disclosure from the seller would provide clarity.
5. Are the sold price figures shown exact?
No. The listed sold price is a range based on public data. To obtain the exact sale price from January 2024, you must request it directly via the provided email service, which is manually fulfilled.