Property Overview
This two-storey home at 62 Jack Reimer Drive in Winnipeg's Fraipont neighbourhood presents a modern, low-maintenance living option. Built in 2020, it offers the appeal of a newer construction without the premium often attached to brand-new builds. The home features nearly 1,900 square feet of living space, an attached garage, and a full, unrenovated basement offering potential for future customization.
Its primary appeal lies in its balanced position within the market. The living space is comfortably above average for both the neighbourhood and the wider city, providing ample room for a growing household or those who value space. Yet, its assessed value remains in line with similar homes on its street, suggesting a fair market valuation. This combination makes it a practical choice for buyers seeking a modern home in a settled area without venturing into the unknowns of an older property. It would suit first-time buyers looking for a move-in-ready home, small families appreciating the space and newer systems, or downsizers wanting single-level living (main floor) with extra space for guests or hobbies, all within a community of similar-aged homes.
A less obvious perspective is the value of its "unrenovated" basement. While some may see this as a drawback, it represents a clean slate—a chance to add value and tailor the space to specific needs without first undoing someone else's dated renovations. Additionally, its city-wide ranking for year built places it in the top 3%, a significant point for buyers concerned about long-term maintenance costs, energy efficiency, and modern building standards.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,894 sqft, the living area is above average for both the Fraipont neighbourhood and Winnipeg overall. On its own street, it ranks 6th out of 19 similar homes, placing it comfortably in the top third for space.
2. What is the property’s assessed value and what does it indicate?
The assessed value is $538,000. This is around the average for Jack Reimer Drive but above the average for Fraipont and the city, indicating the property holds its value well within its immediate community.
3. What should I know about the basement?
The listing notes a full basement that is "not renovated." This means it is a blank canvas, finished to a basic standard but without custom upgrades. It offers significant storage or future living space that a buyer can complete to their own taste and budget.
4. Is the lot size typical?
The land area is 4,443 sqft, which is very close to the average for both the street and the Fraipont area. It provides a standard suburban yard space but is smaller than the city-wide average lot, reflecting the neighbourhood's more modern, efficient layout.
5. When was it last sold and for how much?
The home was sold in June 2020. The exact sold price is available upon request, but public data indicates a range of approximately $405,000 to $435,000 at that time.