379 Bonaventure Drive W

Property Overview: 379 Bonaventure Drive W, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in the Fraipont neighbourhood presents a balanced, modern offering. Built in 2018, it combines the benefits of a newer build—like contemporary construction standards and minimal immediate maintenance—with an established streetscape. Its 1,730 sqft of living space is above the citywide average, providing comfortable room for daily life, while the attached garage and full (though unrenovated) basement add practical utility.

The appeal lies in its strong positional value. The assessed value of $540k places it above average for both Fraipont and Winnipeg overall, suggesting a solid investment in a desirable area. The lot size of 4,680 sqft is notably above average for the neighbourhood, offering more private outdoor space than many newer homes nearby. A thoughtful perspective is that this home occupies a "sweet spot": it's newer than most city homes, avoiding the major upkeep of an older property, yet it's in a settled area, avoiding the uncertainties of a brand-new development.

This property would best suit practical buyers seeking a move-in ready family home without the premium of a latest-model build. It’s ideal for those who value a balance of indoor space and a generous yard in a community that has matured past its initial growing pains. It also suits value-conscious buyers who appreciate that the basement, while finished, presents a future opportunity to customize and add value on their own terms.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street and in Fraipont?
The home is competitively positioned. Its living area is very close to the street average, while its assessed value ranks in the top 37% on Bonaventure Drive W. Within the broader Fraipont area, it stands out for having a larger-than-average lot and an assessed value in the top 20%.

2. What are the implications of the basement being "not renovated"?
The basement is finished but may feature builder-grade or basic finishes. This means it’s functional and livable space, but it presents a clear opportunity for a future owner to upgrade and personalize it to increase both enjoyment and property value.

3. The home was last sold in 2019. What does that indicate?
The 2019 sale aligns with the home's build year, likely representing its first occupancy. The current owners have lived there for a medium-term period, which can often indicate a well-maintained home and a stable neighbourhood.

4. Is the assessed value a reliable indicator of the market price?
The assessed value ($540k) is for municipal tax purposes and is a useful benchmark, not a guaranteed sale price. It does, however, confirm the property is valued well above the Winnipeg average, reinforcing Fraipont's desirability. Market conditions will ultimately determine the sale price.

5. What is the neighbourhood context for a 2018 build in Fraipont?
While the home itself is relatively new (2018), the data shows that in Fraipont, it is actually older than many comparable homes. This suggests the neighbourhood has seen significant recent development, but this property is part of an earlier phase, offering a more established feel on its street.