Property Overview
50 Wapta Crescent is a modern, one-storey home in Winnipeg's Fraipont neighbourhood. Built in 2019, it offers a move-in ready foundation with an unrenovated basement and an attached garage. The home’s key appeal lies in its contemporary construction within a newer community, providing a low-maintenance start in a developing area. Its living space is compact at 1,186 sq ft, which positions it below average for its immediate street and neighbourhood, but close to the Winnipeg average. The lot size is modest, offering manageable outdoor upkeep.
This property would suit first-time buyers or downsizers seeking a newer build without the premium price tag of a larger, recently constructed home. It’s a practical choice for those who value modern systems and building standards over square footage, and who are comfortable with a home that may benefit from future personalization, particularly in the basement.
Key Details & FAQs
- Key Characteristics: A 2019 one-storey home with 1,186 sq ft of living space, an unrenovated basement, an attached garage, and a 4,336 sq ft lot. It is located on a quiet crescent.
- Where its appeal lies: In its modern age and construction, offering contemporary efficiency and less immediate repair concern than older homes, all within a budget-conscious range for a newer property.
- Ideal buyer profile: First-time buyers or downsizers looking for a low-maintenance, newer home who are comfortable with a cozier layout and see potential in finishing the basement to suit their needs.
Frequently Asked Questions
1. Is this home a good value compared to others on the street?
The data indicates it has a significantly lower assessed value than the street average. This suggests it may offer an entry point into a street of newer homes, though this is likely reflected in its smaller size and unfinished basement compared to neighbours.
2. What does the sold price history tell us?
The home has sold twice since being built, in 2019 and 2023. The increase in sale price over those four years aligns with general market trends. For the most accurate price, you can request the exact sold history from the provided service.
3. The basement is unrenovated. What should I consider?
This presents both a blank canvas and a future project. Budget for finishing costs if you need the space, but appreciate that you can customize it to your taste without undoing previous work. Ensure you factor in potential moisture-proofing and insulation for a comfortable living area.
4. How does the lot size impact living here?
The lot is smaller than many in the city and on the street. This means less yard maintenance, which can be a plus, but also less private outdoor space. It’s worth considering how you plan to use your outdoor area.
5. The home ranks highly for its age city-wide. Why is that important?
Being built in 2019 makes it newer than approximately 96% of homes in Winnipeg. This typically translates to modern building codes, energy efficiency, and younger major components (like roof, furnace, windows), which can mean lower immediate repair costs and utility bills.