Property Overview: 404 Whitehorn Crescent, Winnipeg
Key Characteristics & Buyer Appeal
This two-storey home at 404 Whitehorn Crescent in Fraipont is a modern property, built just two years ago in 2024. Its key characteristic is its newness, placing it among the newest 1% of homes in both the wider city and the Fraipont area. With 1,505 sqft of living space, it offers above-average roominess for Winnipeg overall, though it is closer to the average size within its immediate neighbourhood. The home features a renovated basement and does not include a garage or pool.
The primary appeal lies in acquiring a like-new build without the premium often attached to brand-new construction, and with the established landscaping and neighbourhood feel that can take years to develop. The renovated basement adds immediate functional space. It’s important to note the lot is compact, significantly smaller than average for the street, area, and city—a trade-off for lower maintenance but with less private outdoor space.
This property would suit first-time buyers or downsizers seeking a modern, low-maintenance home in a newer community. It’s also a practical fit for buyers who prioritize interior space and contemporary fixtures over a large yard. The below-average assessed value for the street suggests a potentially accessible entry point into a newer neighbourhood.
Frequently Asked Questions
Q: How does the lot size impact this property?
A: The land area is notably smaller than most homes on the street and in Winnipeg. This means less yard maintenance but also limited private outdoor space for gardening or recreation. It’s a defining feature that contributes to value and appeals to those seeking a more lock-and-leave lifestyle.
Q: The home is very new. Are there any potential drawbacks to that?
A: While a new home typically means fewer immediate repairs, it may still be within the builder’s warranty period. A buyer should investigate the status of any remaining warranties and review the builder’s reputation. Also, newer subdivisions can have ongoing construction nearby.
Q: Why is the assessed value below average for the street?
A: The most likely factors are the home’s smaller lot size and its living area, which is slightly below the street average. Assessed value is for municipal taxation and considers these physical attributes, not necessarily interior finishes or market trends.
Q: There is no garage. What are the parking options?
A: The listing specifies no garage. Buyers should verify the driveway capacity and on-street parking regulations with the city to ensure it meets their needs, especially during Winnipeg winters.
Q: How does this home compare to the city-wide average?
A: City-wide, this home is newer and has more living space than the typical Winnipeg house. However, its lot size is smaller than the urban average. It represents a very modern footprint compared to the city’s older housing stock.