Property Overview
This two-storey home on Wapta Crescent in Fraipont is a modern property built in 2020, offering a move-in-ready opportunity with minimal upkeep in its early years. Its key appeal lies in its above-average living space within a newer neighbourhood, presenting a balanced option for buyers seeking modern comforts without a premium price tag.
Key Characteristics & Ideal Buyer
The home's primary strength is its efficient use of space. With 1,883 sqft of living area, it ranks above average for size both locally and city-wide, suggesting a well-utilized floor plan. It is a notably modern home in its immediate area, ranking in the top 3% for year built on its street. The attached garage and existing basement (not renovated) add practical utility.
Its value proposition is grounded in balance. The assessed value is around average for the street but above average city-wide, indicating you are paying for a newer, well-sized home rather than an oversized lot—the land area is smaller than most in Winnipeg. This creates a practical appeal for those who prioritize interior space and modern construction over extensive yard maintenance.
This property would suit first-time buyers or young families looking for a modern, low-maintenance home in a developing neighbourhood. It’s also a sensible fit for value-conscious buyers who want more square footage and newer systems without venturing into luxury pricing, and who prefer spending time indoors rather than on yard work.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This provides a blank canvas for future expansion or storage.
2. How does the property’s value compare to the area?
The home’s assessed value is around the middle of the pack for Wapta Crescent but ranks above average compared to the entire city. This suggests you are getting a newer, above-average sized home at a value that aligns with its immediate neighbourhood.
3. What does the "Elite" ranking for year built mean?
This statistical ranking means the home is among the newest 3% of comparable properties on its street and city-wide. In practical terms, it confirms the property is modern, likely with contemporary building materials, systems, and energy efficiency.
4. The land size seems smaller. Is that a concern?
The lot is smaller than the average Winnipeg property. This translates to less outdoor maintenance, which many buyers see as a benefit. It’s a trade-off: you gain a newer, spacious interior on a more manageable plot.
5. Can I get the exact historical sale price?
The listed sale price from 2020 is a public range. The exact, precise sale figure is available by request from the listing service via email, which they provide manually without using your address for unsolicited marketing.