Property Overview: 725 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. With 1,389 sqft of living space, it sits comfortably within the city-wide average, providing a practical layout for everyday living. Its key 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. The home features a basement (not renovated) and sits on a standard urban lot.
The property’s standout characteristic is its value positioning. While its assessed value of $400k is below the average for its immediate street and area, it aligns closely with the Winnipeg city-wide average. This creates an interesting dynamic: you’re acquiring a relatively new build in a established neighbourhood, but at an assessment point that is competitive on a broader scale. It suits first-time buyers or downsizers looking for a modern, low-maintenance home without a premium price tag for the specific street. It’s a pragmatic choice for those who prioritize the condition and year of the home over having the largest lot or highest valuation on the block.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is not renovated. This presents a blank canvas for future expansion or storage, but would require investment to develop into living space.
2. How does the assessed value affect property taxes?
With an assessed value below the local area average but near the city average, your property taxes may be comparatively lower than newer or larger homes on the same street, but are likely in line with typical Winnipeg taxes for a home of this size and value.
3. What does the sale history indicate?
The home sold previously in 2020 and again in 2024. The increase in sale price range over those four years reflects general market appreciation. For the exact sold prices, you can request the information via email from the listing source.
4. Is the lot size a concern?
The land area is smaller than many lots in Winnipeg. This means lower exterior maintenance, but also limits potential for large additions, pools, or extensive landscaping. It's typical for newer subdivisions.
5. What are comparable homes like?
Nearby references show similar homes in Fraipont built between 2019-2022, with living areas between 1,379-1,608 sqft and assessed values between $400k-$440k. This confirms the property is consistent with the recent build profile of the immediate area.