Property Overview: 61 Wapta Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in Fraipont is a modern, low-maintenance property built in 2019. With 1,582 sqft of living space and a renovated basement, it offers comfortable, contemporary living. The attached garage adds practical convenience. Its true appeal lies in its balance of being newer construction within an established neighbourhood, offering modern systems and finishes without the premium often attached to brand-new subdivisions.
Statistically, the home stands out for its age, ranking in the top 4% city-wide, meaning it is significantly newer than most Winnipeg homes. Its assessed value also places it above average for both the neighbourhood and the city, suggesting a perception of solid quality and desirability. The lot size is generous for the Fraipont area, providing good outdoor space while remaining manageable.
This property would suit first-time buyers or young families looking for a move-in-ready home without immediate renovation needs. It also appeals to downsizers seeking a modern, single-family home with less upkeep than an older property. The data indicates it’s a strong, above-average offering in its immediate area, making it a sensible choice for a value-conscious buyer who prioritizes modern amenities and a stable community setting.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value is above average for both the Fraipont neighbourhood and Winnipeg overall. On Wapta Crescent itself, it ranks in the top 35%, indicating it is valued higher than many of its direct neighbours, likely due to its newer construction and renovations.
2. Is the living space considered large for the area?
The living area is very close to the average for both the street and Fraipont. City-wide, however, it is above average, meaning you get more interior space than in a typical Winnipeg home, but it’s in line with expectations for this specific community.
3. What does the sale history tell us?
The home sold previously in 2022 and 2019. The 2022 sale price ranked in the top 17% for the street, showing it commanded a strong price relative to nearby sales at that time. This history suggests consistent market interest.
4. The home is newer, but is the lot size typical?
The lot is over 5,600 sqft, which is above average for Fraipont (top 11%). This means you’re getting a larger-than-typical yard for the neighbourhood, a valuable feature for a newer home where lot sizes often tend to be smaller.
5. Who might this property not suit?
Buyers seeking a historic character home or a fixer-upper project would not find it a match. Its modern build and above-average assessment also mean it likely sits at a higher price point than older, unrenovated homes in the broader area, which could be a consideration for those with a strict budget focused solely on square footage.