Property Overview
7 Crestmont Drive is a modern two-storey home built in 2022, offering a move-in-ready opportunity in Winnipeg's Fraipont neighbourhood. Its key appeal lies in its balance of contemporary construction and above-average space for its local context. With 1,654 sqft of living space and a generous 4,492 sqft lot, the property provides room to grow. It features an attached garage and a full, unrenovated basement, presenting a blank canvas for future customization.
This home is well-suited for first-time buyers or young families seeking a newer build that minimizes immediate repair concerns. It also appeals to value-conscious buyers looking for a property that stands out in its immediate area for lot size and modern amenities, while still being priced comparably to its neighbours. A less obvious advantage is its "citywide elite" status for year built—compared to Winnipeg's overall housing stock, this is a notably new home, which can mean better energy efficiency and modern building standards.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks above average for lot size within Crestmont Drive, offering more outdoor space than most direct neighbours. Its living area and assessed value are consistently around the street average, indicating it is a typical and competitively priced home for this specific block.
2. What does the "unrenovated basement" mean?
The basement is finished as living space but has not been updated since the home was built in 2022. It presents a functional area that is clean and modern, yet offers the next owner the opportunity to personalize it to their taste without the need for a full, costly development.
3. Is the assessed value the same as the market price?
No. The assessed value (approximately $48,200) is for municipal tax purposes. The home last sold in late 2022 for an estimated $49,500-$52,500. Market price is determined by current conditions and should be evaluated independently.
4. What are the potential long-term benefits of a 2022 build?
Beyond modern finishes, a home of this age typically benefits from current building codes, newer major systems (like HVAC and plumbing), and improved insulation standards. This can translate to lower maintenance costs and better energy efficiency in the medium term compared to the city's older average housing stock.
5. How can I get the exact historical sale price?
The exact sold price is not publicly listed. You can request it directly via the form on this property page. The service is manual, with a promised reply by the end of the same business day, and your email will not be used for unsolicited marketing.