119 Crestmont Drive

Fraipont, Winnipeg

Property score

91.5

Excellent

Overall 91.5 · Larger than most nearby homes

1,972 sqft (top 15%) · Built in 2020

Located in a high-income area with median household income of ~120k

Transit 52.0 · 6-min walk to transit with 1 nearby route · Within 500m: 1 park nearby

Living Area

Above average

18% larger than neighborhood avg.

Year Built

Near average

0 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

91.5 is composed by the two sections below.

Property Score

92.5Excellent
Living Area1,972 sqft92Excellent
Year Built202097Excellent
Lot Size7,539 sqft91Excellent
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
1,972 sqft
0255075100
Same streetTop 9%Same areaTop 15%CitywideTop 12%
Same street · Crestmont Drive
#15 / 163
Top 9% · Avg 1,629 sqft
Same area · Fraipont
#168 / 1,128
Top 15% · Avg 1,668 sqft
Citywide · Winnipeg
#22,438 / 194,458
Top 12% · Avg 1,342 sqft

Tax-Assessed Value

Elite
577k
0255075100
Same streetTop 3%Same areaTop 13%CitywideTop 10%
Same street · Crestmont Drive
#5 / 163
Top 3% · Avg 465.6k
Same area · Fraipont
#143 / 1,128
Top 13% · Avg 501.8k
Citywide · Winnipeg
#19,017 / 194,458
Top 10% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetBottom 28%Same areaTop 46%CitywideTop 3%

Lot Size

Elite
7,539 sqft
0255075100
Same streetTop 3%Same areaTop 5%CitywideTop 13%

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

119 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 460 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 11/2020CA$500k–550k
Sold price

Same street

Top 16%

Same area

Top 26%

City-wide

Top 12%

Related homes

Highlights & common questions: 119 Crestmont Drive, Winnipeg

Property Overview: 119 Crestmont Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fraipont is a modern property, built in 2020, offering move-in readiness with a renovated basement. Its primary appeal lies in its exceptional combination of space and value within its context. The nearly 2,000 sqft of living area is notably above average for both the street and the wider neighbourhood. More significantly, the property sits on a large, 7,539 sqft lot, which ranks in the top 3% on Crestmont Drive and the top 5% in Fraipont, offering rare potential for outdoor living, gardening, or future expansion.

The home’s assessed value is high relative to its immediate peers, suggesting it is considered a premium property on its street. This positions it not just as a comfortable family home, but as a solid long-term asset in a desirable location. It would suit buyers looking for a modern, low-maintenance home without sacrificing yard space—a rarity in newer subdivisions. It’s ideal for growing families who value both indoor living area and outdoor privacy, or for those who see the substantial lot as a strategic investment in land value.

Section 2: Frequently Asked Questions

1. Is the high assessed value a concern for property taxes?
While a higher assessed value typically leads to higher property taxes, it also reflects the property’s premium standing and investment value compared to neighbouring homes. It’s advisable to budget accordingly.

2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing or inquiry with the listing agent is necessary to determine if it’s a finished living space, a recreational room, or has a separate entrance.

3. The home was built in 2020, but the ranking on its street is “below average” for year built. Why?
This indicates that Crestmont Drive is a very new street, with many homes constructed even more recently (around 2022 on average). This home is still modern but is among the earlier builds on this developing block.

4. How does the lot size compare to typical city lots?
At 7,539 sqft, the lot is above average (top 13%) city-wide. While some older city neighbourhoods have larger lots, this size is exceptional for a newer area like Fraipont, offering more space than most contemporary builds.

5. Are there any recent sales of comparable homes on the same street?
Yes, nearby homes on Crestmont Drive with similar modern build years (2021-2022) have recently sold. While slightly smaller in living area and assessed value, they provide useful benchmarks for the current market activity in this specific, new neighbourhood.

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