Property Overview: 63 Crimson Way, Winnipeg
Key Characteristics & Appeal
This 2019-built, one-storey home in Fraipont offers a modern foundation in a move-in-ready state. Its key appeal lies in the balance between its newer construction and its generous, above-average lot size for the immediate area. At 1,230 sqft, the living space is compact compared to some neighbors but is offset by a large 4,440 sqft property, providing valuable outdoor space and potential. The home features an attached garage and an unrenovated basement, presenting a clean slate for future customization.
This property is well-suited for first-time buyers or downsizers seeking a low-maintenance, newer home without a premium price tag, as the assessed value is positioned below the local area average. It also appeals to those who prioritize outdoor privacy and room for gardens, decks, or additions later on, given the lot size ranks in the top tier for its street. A thoughtful perspective is that while the home's footprint is modest, its modern systems and building envelope likely mean greater energy efficiency and fewer immediate repair concerns than older stock, allowing owners to invest in personalization over urgent fixes.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is not renovated. This presents both a cost-saving opportunity at purchase and the potential to finish the space to suit your specific needs in the future.
2. How does the property’s value compare to the area?
The home’s assessed value is around average for the city but below the average for the Fraipont area, which could indicate a relative value opportunity within this neighborhood.
3. What is the significance of the lot size?
The land area is notably larger than most lots on Crimson Way and is above average for Fraipont. This is a standout feature for outdoor living, privacy, and future expansion potential.
4. What are the typical home ages in this area?
The home, built in 2019, is significantly newer than the Winnipeg city-wide average (1966) and is one of the newest on its street, suggesting a newer community or recent infill development.
5. How can I find the exact historical sale price?
Exact sold prices are provided upon request via email. The public data shows the home sold in April 2019 for an estimated range, but the precise figure is available by contacting the listing service directly.