Property Overview: 395 Crestmont Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in the Fraipont neighbourhood is a modern property, built in 2023. With 1,619 sqft of living space and an attached garage, it offers a practical layout for contemporary living. The home sits on a 3,937 sqft lot and features a basement that is present but not renovated, presenting a blank canvas for future expansion.
Its primary appeal lies in its balance of new construction benefits and established community context. As a nearly new build, buyers can expect modern building standards, energy efficiency, and minimal immediate maintenance, while being situated on a street with other recent homes. The data suggests it offers above-average space and value citywide, but fits comfortably within the averages for its immediate area—making it a stable, low-surprise option in a developing pocket of Fraipont.
This property would suit first-time buyers or young families seeking a move-in ready home without the risks of an older property. It’s also a sensible choice for value-conscious buyers who want the perks of a new build but prefer a price point that aligns with neighbourhood norms rather than premium showcases. The unrenovated basement is a key feature for those who view customization as a benefit, not a drawback.
Section 2: Frequently Asked Questions
1. Is this a brand-new home?
The home was built in 2023, so it is essentially new but not a pre-construction purchase. It has about three years of age, placing it well above average for the city but among newer homes on its street.
2. How does the value compare to the area?
The assessed value is around average for Crestmont Drive and the wider Fraipont area, but ranks above average citywide. This indicates you’re paying in line with the local market for a newer home, not a premium for the neighbourhood.
3. What does “basement not renovated” mean?
The basement is included and is likely finished to a basic standard (as it’s a new build), but it has not been upgraded or customized. This is an opportunity to finish it to your own taste and needs over time.
4. What are the lot size implications?
At just under 4,000 sqft, the lot is above average for the street but below the citywide average. This means a manageable yard for maintenance, but with less private outdoor space than you might find in older, established neighbourhoods.
5. Who are the likely neighbours?
Given the 2023 build date and the similar nearby properties listed (e.g., 391, 399 Crestmont), you would be moving into a modern subsection of the neighbourhood, likely surrounded by other young households.