Property Overview: 785 De La Seigneurie Boulevard
Key Characteristics & Appeal
This two-storey home in Fraipont is a modern property, built in 2022, offering a move-in-ready opportunity with minimal initial maintenance concerns. With 1,389 sqft of living space, it sits comfortably within the city-wide average, though it presents as a more compact option within its immediate neighbourhood and street, where homes tend to be larger. The property includes a basement (not renovated) and sits on a 3,376 sqft lot, which is below average in size for Winnipeg.
Its primary appeal lies in its new construction status, offering modern building standards, energy efficiency, and contemporary layouts without the need for immediate updates. The assessed value of $410k is notably below the average for De La Seigneurie Boulevard and Fraipont, potentially offering relative value within these specific, newer areas. This combination makes it particularly suited for first-time homebuyers, small families, or downsizers seeking a modern, low-maintenance home in a newer suburban community. It’s a practical choice for those who prioritize a newer build over maximum square footage or a large yard.
Frequently Asked Questions
1. Is this a good value for the neighbourhood?
The assessed value is significantly below the average for both the street and Fraipont area, suggesting it could be a competitively priced entry into this newer community. However, this is partly reflected in the home’s smaller living area and lot size compared to its immediate neighbours.
2. What does "basement, not renovated" mean?
The home has a full basement, but it is unfinished. It provides valuable storage space and future expansion potential, but it would require investment to develop into living space.
3. How does the lot size impact the property?
At 3,376 sqft, the yard is compact. This means lower outdoor maintenance, which some buyers prefer, but offers less private outdoor space for gardening, play, or entertaining compared to many city-wide lots.
4. The home sold in 2022. Why is it back on the market so soon?
While the exact reason isn’t provided, the short ownership period is not uncommon for newer builds. Reasons can range from a change in the original owner’s life circumstances to investor activity.
5. What are the long-term considerations with a home on a smaller lot?
While the new home requires little upkeep now, the smaller lot size may influence future resale value and appeal relative to larger properties in the area. Its long-term value will be closely tied to the overall desirability and maturation of the Fraipont neighbourhood itself.