Property Overview: 12 Ullswater Way, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2024, is a modern property in the Fraipont neighbourhood. Its primary appeal lies in its new construction, offering move-in readiness and contemporary building standards without the need for immediate updates. With 1,819 sqft of living space and an attached garage, it provides a practical layout for modern living.

The home’s standout characteristic is its age. It ranks in the top 1% of homes in Fraipont and citywide for being newly built, making it a rarity in a market with many older properties. This is a key advantage for buyers seeking energy efficiency, modern floor plans, and minimal maintenance in the short term.

However, the data presents a nuanced picture. While the home is above average in size for the city, it is slightly below average for its own street and the specific Fraipont area. The lot size is also more compact compared to the Winnipeg average. This positions the property as a modern, efficient home on a more manageable parcel of land, rather than an expansive estate.

It would best suit first-time buyers or young families looking for a new, low-maintenance home in a developing area. It’s also a sensible choice for downsizers who want modern amenities and a simpler yard to manage. The property is less suited for buyers prioritizing large outdoor space or seeking a home that stands significantly larger than its immediate neighbours.

Section 2: Frequently Asked Questions

1. Is this a good value compared to other homes on the street?
The data suggests the home has a higher assessed value than most on Ullswater Way. This is likely due to its new construction. Buyers are paying a premium for the modern build, so value depends on how much you prioritize a new home versus a potentially larger or more established property on the same block.

2. What does the lot size mean for me?
At just over 4,000 sqft, the lot is manageable and requires less upkeep than a larger yard. This is a benefit for those who want minimal landscaping work. The trade-off is less private outdoor space for gardening, play, or entertaining compared to many city-wide averages.

3. How does the sold price history work?
The listed sold price is a range based on public data. The exact sale price from July 2024 is available upon request from the site via email. This is a common practice to ensure data accuracy before it's publicly recorded.

4. Is Fraipont a neighbourhood of new homes?
Not entirely. While this home is in the top 1% for being new, the average build year in Fraipont is around 2020, indicating it's a relatively new and developing community compared to the city's overall average from 1966.

5. What are the implications of an unrenovated basement?
The basement is noted as "not renovated." This means it is a blank canvas—finished to a basic standard but without custom upgrades. It offers flexible space for storage, a home gym, or future development, but won't have the polished feel of a professionally finished rec room or suite.