Property Overview: 96 Bonaventure Drive W, Fraipont
Key Characteristics & Appeal
This one-storey home at 96 Bonaventure Drive W is a standout property defined by its exceptional lot and strong valuation. Built in 2018, the 1,769 sqft home sits on a massive 12,040 sqft parcel—a rare find that ranks in the top 2% of lots on its own street and the top 1% within the Fraipont area. This generous land size offers significant privacy and space for expansion, gardens, or outdoor living, setting it apart from typical suburban lots.
The home’s primary appeal lies in this unique combination of a modern, recently built structure and a substantial, premium piece of land. With an assessed value firmly in the elite tier for both the neighbourhood and the wider city, it presents as a well-regarded asset. The living space is comfortably above the city-wide average, and the basement has been renovated, adding functional living area.
This property would best suit buyers who prioritize land size and long-term value over a sprawling floor plan. It’s ideal for someone seeking a modern, low-maintenance home without sacrificing yard space—perfect for families, hobbyists, or those who value outdoor privacy. It also appeals to value-conscious purchasers looking at properties with strong assessed valuations relative to their peers.
Frequently Asked Questions
1. What does the "Elite" ranking for Land Area actually mean?
It means this property's lot size of over 12,000 sqft is larger than 98-99% of comparable homes on its street and in the Fraipont area. It's a genuinely rare feature for a home of this age.
2. The assessed value seems high. Is the property over-assessed?
The data shows its assessed value is in the top 3% for the entire city, suggesting municipal assessment aligns with its premium attributes, particularly the lot size. It's consistently valued higher than area averages, which often reflects desirability and key differentiators.
3. Is the living space small for a home at this value?
At 1,769 sqft, the living area is above the Winnipeg average. The value proposition here shifts from sheer interior square footage to the quality of the build (2018), the renovated basement, and, most significantly, the exceptional land holding.
4. How does the 2020 sale price range compare to today's likely value?
The sold price range from February 2020 ($64.5k-$67.5k) is a historical point. Given the substantial increase in assessed value to $75.1k and general market movement, current market value would be determined by recent comparable sales and conditions.
5. What is the neighbourhood (Fraipont) like?
The provided data indicates that for a home built in 2018, this property is newer than most in Fraipont (ranking in the top 76%, meaning many area homes are older). This suggests a neighbourhood with a mix of established and newer properties.