697 De La Seigneurie Boulevard

Property Overview: 697 De La Seigneurie Boulevard

Key Characteristics & Appeal

This is a modern, two-storey home built in 2020, offering a move-in-ready foundation in Winnipeg's Fraipont neighbourhood. Its primary appeal lies in its contemporary age, which means fewer immediate concerns about major aging systems compared to much of the city's older housing stock. With 1,468 sqft of living space, it provides practical room for a small family or couple.

The home sits on a compact, low-maintenance lot, a notable characteristic for buyers who prefer less yard work. It features a basement (unrenovated, offering potential) and a detached garage. The assessed value is positioned below average for its immediate street and area, which could indicate a relatively accessible entry point into a newer home.

This property would best suit first-time buyers or downsizers seeking a modern, low-maintenance home without the premium often attached to brand-new builds. It’s a pragmatic choice for those who value newer construction efficiencies over a large yard or top-tier street ranking. A thoughtful perspective is that its below-average metrics for land and value within its own neighbourhood might represent a value opportunity in a newer community that is still establishing its long-term benchmarks.

Frequently Asked Questions

1. What does the "below average" ranking for assessed value actually mean?
It means that, compared to similar homes on its street and in Fraipont, this home's official assessed value is lower than the group average. This doesn't dictate market price, but it can sometimes suggest a more affordable entry point into the area.

2. Is the unrenovated basement finished?
No, the listing specifies the basement is "not renovated," indicating it is likely unfinished raw space. This presents both a blank canvas for future expansion and a project to budget for.

3. How does the compact lot size affect daily living?
The land area is notably smaller than area averages. This translates to minimal yard maintenance, which is a benefit for those seeking simplicity. However, it also means limited private outdoor space for gardening or recreation.

4. The home sold in 2020. What can the past sale price range indicate?
The disclosed sale price range from 2020 provides a baseline for how the property was valued at its last transaction. Comparing this to the current assessed value and any asking price can help gauge market movement over five years.

5. What are the implications of a detached garage versus an attached one?
A detached garage offers flexibility for its use (e.g., as a workshop) with less noise or fumes entering the main house. The trade-off is convenience, as you must go outside to access your vehicle, which can be a factor during Winnipeg winters.