Property Overview & Key Characteristics
This 2018-built home in Fraipont offers modern living with a practical footprint. Its key appeal lies in being a relatively new construction (newer than 95% of Winnipeg homes) on a generous lot that's larger than half the properties on its street. The 1,622 sqft living area is comfortably sized, and the attached garage adds everyday convenience. The home's assessed value ranks highly within both the neighbourhood and the wider city, suggesting a solid, established valuation.
Its primary appeal is for buyers seeking a move-in ready, low-maintenance home from the last decade, without the premium or uncertainties of a brand-new build. It would suit young families or professionals looking for a stable foundation in a developed neighbourhood. A thoughtful perspective is that while the basement is unfinished, this presents a straightforward opportunity for future customization to add value and space, rather than paying a premium for someone else's renovation choices. The property sits in a balanced position—not the largest or newest on the block, but consistently above average in its metrics, making it a sensible, grounded choice.
Frequently Asked Questions
1. What is the significance of the property's rankings?
The rankings compare this home to others on its street, in Fraipont, and across Winnipeg. They show it performs well above average in assessed value and lot size for the area, and is notably newer than most city homes, which can indicate modern building standards and less immediate upkeep.
2. Is the basement finished?
No, the basement is not renovated. This is noted as a "not renovated" space, offering potential for future expansion or storage as-is.
3. What are the property taxes?
While the exact tax amount isn't listed here, it would be calculated based on the provided Assessed Value of $540,000 and the City of Winnipeg's tax rate.
4. How does this home compare to others nearby?
The listed nearby properties show a mix of slightly larger, smaller, newer, and older homes. This property's value and size place it firmly in the middle of this range, offering a balanced option without extremes in price or square footage.
5. The lot is large, but what about the living space?
At 1,622 sqft, the living area is smaller than the lot size might suggest. This indicates a home with a efficient footprint and potentially larger outdoor space, which may appeal to those who prioritize yard size over total indoor square footage.