Property Overview: 391 Crestmont Drive, Winnipeg
Key Characteristics & Buyer Appeal
This two-storey home, built in 2022, offers a modern, low-maintenance foundation in the Fraipont neighbourhood. Its key appeal lies in its balance of being a newer construction within a well-established context. With 1,525 sqft of living space and an attached garage, the home provides practical, contemporary living without being oversized.
The property stands out for its efficient use of space. While the living area is comfortably above the city-wide average, the lot size is more compact, which translates to less yard upkeep—a significant consideration for busy professionals or those seeking a simpler lifestyle. The home’s assessed value positions it as a strong, mid-range offering in its immediate area, suggesting it’s priced in line with the local market rather than at a premium.
This home would suit first-time buyers or small families looking for a move-in-ready property with modern building standards. It’s also a sensible choice for value-conscious buyers who prioritize a newer roof, furnace, and windows over having a large yard or a fully renovated basement. The data indicates it’s a solid, average performer on its street, offering stability rather than standing out as an outlier, which can be reassuring for a prudent purchase.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is not renovated. This presents a blank canvas for future expansion or storage, allowing the next owner to customize the space to their needs and budget.
2. How does this home compare to others on the street?
The home is consistently around average for Crestmont Drive in terms of living space, assessed value, and year built. Its lot size, however, is above average for the street, offering a bit more outdoor space than many of its direct neighbours.
3. What are the annual property taxes?
Based on the provided assessed value of $46,900, you can estimate taxes by applying the current year’s municipal tax rate. It’s advisable to confirm the exact amount with the city or your real estate agent.
4. The home sold in 2022. Why is it back on the market so soon?
While the specific reason isn’t provided here, short ownership periods in newer builds can sometimes relate to changing life circumstances, job relocations, or a desire to adjust housing needs. A home inspection can provide peace of mind regarding the property’s condition.
5. How does Fraipont compare to the wider Winnipeg market?
This home’s metrics are notably stronger city-wide than within its immediate area. Its living space and modern build year (2022) rank in the top 29% and top 1% city-wide, respectively. This suggests you are acquiring a relatively newer and spacier home compared to the Winnipeg average, within a neighbourhood where such properties are more common.