111 Crestmont Drive

Fraipont, Winnipeg

88.6

Excellent

Overall 88.6

Larger than most nearby homes

1,847 sqft (top 23%)

Built in 2021 (1 yr newer than avg)

Located in a high-income area

with median household income of ~120k

Transit 62.0

3-min walk to transit with 1 nearby route

Within 500m: 1 park nearby

Living Area

Above average

11% larger than neighborhood avg.

Year Built

Near average

1 yrs newer than neighborhood avg.

Mother tongue

English · 55%Punjabi · 5%

Past 10 years Fraipont sales snapshot (~80% of all data)

Sold Count

764

Median price

515k

$/sqft

$359/sqft

Avg build year

2020

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Property score

88.6 is composed by the two sections below.

Property Score

87.7Excellent
Living Area1,847 sqft89Excellent
Year Built2021100Excellent
Lot Size5,144 sqft67Good
Neighbourhood Sales Activity86Excellent

Community Score

90.0Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress63Fair
Core Housing Need100Excellent
Employment Health100Excellent

Neighbourhood Sales

Fraipont

How to read: Share of sales in each ~$50k price band for “fraipont” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111207

Community deep dive

$120K

Median household income

$132K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

9%

Single-person households

49%

Families with children

Population, labour & age

Population (2021)1,509
Labour force participation rate88%
Median age31.2
Avg household size3.1
Unemployment rate2%
Population density1658 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households9%
Couple families with children49%
Median household income (2020)$120K

Housing

Renter households9%
Condominium dwellings2%
Median dwelling value (owners)$468K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority63%
Bachelor's or higher (25–64)59%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Punjabi · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,847 sqft
0255075100
Same streetTop 15%Same areaTop 23%CitywideTop 15%
Same street · Crestmont Drive
#24 / 163
Top 15% · Avg 1,629 sqft
Same area · Fraipont
#256 / 1,128
Top 23% · Avg 1,668 sqft
Citywide · Winnipeg
#30,035 / 194,458
Top 15% · Avg 1,342 sqft

Tax-Assessed Value

above average
551k
0255075100
Same streetTop 6%Same areaTop 17%CitywideTop 13%
Same street · Crestmont Drive
#10 / 163
Top 6% · Avg 465.6k
Same area · Fraipont
#192 / 1,128
Top 17% · Avg 501.8k
Citywide · Winnipeg
#24,459 / 194,458
Top 13% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetBottom 47%Same areaTop 32%CitywideTop 2%

Lot Size

above average
5,144 sqft
0255075100
Same streetTop 7%Same areaTop 15%CitywideBottom 49%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

111 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 446 m).

Search radius
🌳Parks1

Crime & Safety

Fraipont · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-98%

vs. prior year

Primary type

Property

100%

Sales History

Sold 8/2024CA$600k–650k
Sold price

Same street

Top 2%

Same area

Top 7%

City-wide

Top 5%
Sold 4/2021CA$400k–450k
Sold price

Same street

Bottom 41%

Same area

Bottom 32%

City-wide

Top 28%

Related homes

Highlights & common questions: 111 Crestmont Drive, Winnipeg

Property Overview: 111 Crestmont Drive, Fraipont

Key Characteristics & Appeal

This two-storey home, built in 2021, presents a modern, low-maintenance living opportunity in Winnipeg's Fraipont neighbourhood. Its core appeal lies in a combination of above-average space, a desirable age, and strong value metrics within its immediate area. With 1,847 sqft of living space and a 5,144 sqft lot, it offers more room than most comparable homes on its street and in Fraipont. The home features a renovated basement and an attached garage.

The data suggests a property that has been a solid investment, appreciating notably since its 2021 sale. Its assessed value ranks in the top 6% on Crestmont Drive, indicating it is perceived as a higher-value home on its street. This combination suits buyers looking for a relatively new build that avoids the risks and tasks of a brand-new construction, but who still want modern systems and finishes. It would particularly appeal to growing families or professionals seeking move-in-ready space without the premium of a brand-new subdivision, and to value-conscious buyers who appreciate a home that stands out positively in its local market context.


Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value is in the top 6% on Crestmont Drive, meaning it is officially valued higher than 94% of comparable homes on the same street. This suggests it may have superior finishes, layout, or upgrades.

2. What does the sold price history indicate?
The home sold in 2021 and again in 2024. The 2024 sale price range shows significant appreciation from the 2021 price, reflecting strong market growth for this specific property over a three-year period.

3. Is the lot size typical for the area?
The lot is 5,144 sqft, which is above average for both Crestmont Drive and the Fraipont neighbourhood, offering more outdoor space than many nearby homes.

4. The home is listed as having a renovated basement. What does that imply?
As the home was only built in 2021, a "renovated basement" likely means the lower level was fully finished by the builder or a previous owner, adding immediate livable square footage rather than being a project left for the buyer.

5. Are there similar homes nearby for comparison?
Yes. The listings for 131 and 195 Crestmont Drive are noted as "worth viewing." Both are similar in age (also built in 2021) but have smaller living areas and lower assessed values, providing a direct benchmark for the size and value proposition of 111 Crestmont.

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