Property Overview: 97 Lucerne Place, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fraipont is a modern property, built in 2021, offering nearly 2,000 square feet of living space. Its key appeal lies in its combination of new construction and above-average size relative to its immediate neighbourhood and the wider city. The home features an attached garage and a full, unrenovated basement, presenting a blank canvas for future development.
The property consistently ranks above average for its living area, assessed value, and land size when compared to similar homes on its street, in Fraipont, and across Winnipeg. This suggests a solid investment in a desirable, likely newer, subdivision. The lot is generous for newer communities, though more typical of suburban plots when viewed city-wide.
This home would best suit buyers looking for a move-in ready, modern build who value space and a strong positional value within their community. It’s ideal for those wanting to avoid the immediate maintenance concerns of an older home and who may have plans to customize the basement to their own taste over time. The data indicates it’s a premium property within its local context, appealing to professionals or growing families seeking a established, contemporary neighbourhood feel.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to nearby sales?
Based on public data, a very similar home on the same street sold in 2021 for between $56.5k and $59.5k. The current assessed value is $64.5k, which is in the top 25% for Lucerne Place. This indicates strong value retention and growth potential in the area.
2. What does the "above average" ranking actually mean for a buyer?
The rankings show this home is larger, newer, and more valuable than most comparable properties in its immediate area. For example, its living space is larger than 70% of similar homes on its street and 87% of those in Fraipont. This means you’re purchasing a property that stands out positively in its local market.
3. Is the basement finished?
No, the basement is noted as "not renovated." This is a functional, unfinished space that offers significant potential for future expansion, allowing a new owner to customize it to their needs and potentially add considerable value.
4. How does the lot size compare to typical Winnipeg homes?
At just over 4,500 sq. ft., the lot is above average for both the street and Fraipont. However, compared to the entire city, it’s around the average mark. This is common for newer subdivisions, offering a good balance of yard space and low-maintenance living.
5. Can I find out the exact historical sold price?
The precise sold price is not publicly listed. The listing service offers to provide the exact figure directly via email upon request, at no cost and without using your email for unsolicited marketing.