Property Overview: 96 Evelyne Reese Boulevard, Winnipeg
Key Characteristics & Appeal
This is a modern, two-storey home built in 2018, offering a move-in-ready structure without the concerns of an older building. With 1,492 sqft of living space, it provides comfortable room for a small family or couple, sitting at a practical size that is neither too large nor too small for the area. Its primary appeal lies in its contemporary build year, which suggests modern construction standards, energy efficiency, and minimal immediate repair needs.
The property’s assessed value is notably below average for both its street and the wider Fraipont area, which could indicate a value opportunity for a buyer compared to neighboring homes. However, it’s important to note the land area is compact, placing it in the lower tier locally for lot size. This creates a specific profile: a relatively new home on a smaller, low-maintenance lot, suited for those who prioritize the home itself over outdoor space.
This home would best suit first-time buyers or downsizers seeking a modern, low-maintenance property in a developed neighborhood. It’s a practical choice for those who want a newer build without a premium price tag, and who are comfortable with a smaller yard. Investors may also see appeal in the relatively low assessed value and the demand for newer rental properties.
Frequently Asked Questions
1. Is this a good value compared to the neighborhood?
The assessed value is below the average for both Evelyne Reese Boulevard and the Fraipont area, suggesting the property may be priced competitively. However, this should be weighed against the smaller-than-average lot size.
2. What does "basement, not renovated" mean?
The home has a basement, but it is in its original, unfinished state from when the house was built in 2018. It provides blank-canvas storage or future living space, but would require investment to finish.
3. How does the lot size impact living here?
The land area is compact, even for the city. This means lower outdoor maintenance, but limited private yard space. It aligns with a low-maintenance lifestyle rather than gardening or extensive outdoor recreation.
4. The home is newer, but are there any known issues?
Being built in 2018, major structural issues are unlikely. However, it’s still prudent to check for any builder-grade component warranties and conduct a standard inspection, as even newer homes can have deficiencies.
5. Why is the city-wide assessed value comparison so different?
The "around average" city-wide ranking is misleading because it compares this home to all Winnipeg properties, including much older ones. The more relevant comparisons are with its street and the Fraipont area, where its value is below average, reflecting local market conditions.