Property Overview
This home at 724 De La Seigneurie Boulevard in Winnipeg's Fraipont neighbourhood presents a balanced, modern offering. Built in 2020, it benefits from contemporary construction standards while being past the initial settling period of a brand-new build. With 1,542 sqft of living space and an attached garage, its size is very typical for its immediate street and area, meaning it fits seamlessly into the community without standing out as unusually large or small. Its appeal lies in this sense of established normalcy within a newer development. The lot size of 5,288 sqft is notably above average for Fraipont, offering more outdoor space than many of its neighbours—a valuable and less replaceable feature than interior square footage. The assessed value positions it solidly in the middle of the local market, suggesting it is priced in line with area expectations rather than at a premium or discount.
This property would suit practical buyers looking for a move-in ready, low-maintenance home in a modern suburb. It’s ideal for those who want the efficiencies and layouts of a newer build without the premium or unpredictability of a current-year construction. The above-average lot size also makes it a subtle standout for buyers who prioritize private outdoor space, perhaps for gardening, pets, or future additions like a shed or deck.
Frequently Asked Questions
1. How does this home compare in size and value to others nearby?
The home is very average for its specific street and Fraipont area in terms of living space and assessed value, meaning it’s directly comparable to most homes around it. Its lot size, however, is larger than most in the neighbourhood.
2. What are the implications of the home being built in 2020?
As a 6-year-old home, major structural components and systems like windows, roof, and HVAC are likely in good condition and still under some manufacturer warranties, offering a balance between new-build benefits and an established property.
3. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This presents both a blank canvas for future expansion and an immediate cost to consider if finished living space is a requirement.
4. What can the 2019 sale price range tell me?
The sold price range from December 2019 (approximately $38.5k-$41.5k) reflects its initial purchase price, likely as a new construction. The current assessed value of $48.30k indicates market appreciation since then, but for an accurate current market value, a comparative market analysis based on recent sales is essential.
5. How does this property rank city-wide?
While it sits around the middle of the pack within its local context, city-wide data shows its living space and newer build date are well above the Winnipeg average, which includes many older, smaller homes. This suggests strong fundamentals if compared to the broader market.