Property Overview: 97 Wapta Crescent, Winnipeg
Key Characteristics & Appeal
This 2019-built, two-storey home in Fraipont offers modern living in a move-in-ready condition. Its key appeal lies in its balance of being a relatively new build with a recently renovated basement, reducing immediate repair concerns for a buyer. At 1,490 sqft, the living space is compact compared to some immediate neighbours but is efficiently designed and sits on a standard city lot. The attached garage adds practical convenience.
The property presents a compelling value perspective. While its size and assessed value are below average for its specific street, it stands out city-wide as a newer, well-valued home compared to Winnipeg's older housing stock. This makes it particularly suited for first-time buyers, small families, or downsizers seeking a modern, low-maintenance property without the premium of a larger lot or maximum square footage. Its appeal is for those who prioritize a newer build and interior updates over having the largest home on the block.
Frequently Asked Questions
1. How does the property's value compare to the area?
The home's assessed value is around average for the broader Fraipont neighbourhood but is below the average for Wapta Crescent itself. This suggests you may be acquiring a newer home at a value relative to the street, which consists of similarly aged properties.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A viewing is essential to determine the finish quality, layout, and whether it includes legal secondary suites or additional bedrooms.
3. Is this a good investment for future resale?
As one of the newer homes on a street of new builds, it benefits from modern construction standards. However, its smaller size and lot relative to neighbours could influence future buyer appeal, depending on market trends favoring space versus modern efficiency.
4. What are the annual property taxes?
Based on the provided assessed value of $47.70k, you can estimate taxes using the City of Winnipeg's current mill rate. It's advisable to confirm the exact tax amount with the listing agent or city records.
5. Why is there a range for the 2019 sold price?
The sold price history is estimated from public data. To obtain the exact sale price, you must request it directly via the provided email service, which manually confirms figures from official records.