Property Overview: 777 De La Seigneurie Boulevard, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fraipont is a modern property, built in 2022, offering move-in readiness with a renovated basement. Its key appeal lies in its balance of new construction benefits and a competitively positioned assessed value. With 1,468 sqft of living space, it sits comfortably around the average for its immediate street and the wider city, suggesting a practical, efficient layout for a growing family or professional couple.
The home’s standout characteristic is its age. Being only four years old places it in the top 1% of homes for year built both on its street and citywide, virtually eliminating concerns about major near-term repairs or outdated systems. This modern foundation is paired with a detached garage and a manageable 3,376 sqft lot, which means less yard maintenance than larger properties.
This property would best suit buyers seeking a modern, low-maintenance home without a premium "brand new" price tag. It’s ideal for those who want the warranties and efficiencies of a recent build but prefer a slightly established neighborhood. The renovated basement adds valuable flexible space, making it a strong fit for remote workers, families needing a playroom or secondary living area, or investors looking for a relatively new asset with proven value stability in the area.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home was last sold in February 2022 for approximately $45.5k-$48.5k, and its current assessed value is $47.70k. This indicates a stable valuation in line with its purchase price at the time, showing consistent market recognition.
2. Is the lot size a limitation?
At 3,376 sqft, the lot is below average for the street, neighborhood, and city. This translates to less outdoor space for gardening or expansive play structures but also means significantly less yard work and upkeep—a trade-off that many modern buyers appreciate.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand if it’s a finished living space, a recreational room, or includes additional bedrooms.
4. How does this home rank for value in the broader Winnipeg market?
Citywide, its assessed value ranks in the top 24%, meaning it’s above average compared to all Winnipeg homes. This suggests it represents a solid value proposition within the broader market, even if it’s around average for its specific neighborhood.
5. Are there other similar, newer homes nearby for comparison?
Yes. The listing references nearby properties on Crestmont Drive built in 2023, which are noted as "worth viewing." This indicates a newer subdivision or development area in Fraipont, providing a good benchmark for comparing style, price, and availability of newer inventory.