127 Crestmont Drive

Fraipont, Winnipeg

Property score

83.2

Excellent

Overall 83.2 · Compared with neighbourhood average

1,525 sqft (bottom 41%) · 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

Near average

9% smaller 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

83.2 is composed by the two sections below.

Property Score

78.6Good
Living Area1,525 sqft79Good
Year Built2021100Excellent
Lot Size3,680 sqft46Low
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
1,525 sqft
0255075100
Same streetBottom 36%Same areaBottom 41%CitywideTop 29%
Same street · Crestmont Drive
#104 / 163
Bottom 36% · Avg 1,629 sqft
Same area · Fraipont
#668 / 1,128
Bottom 41% · Avg 1,668 sqft
Citywide · Winnipeg
#56,425 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
405k
0255075100
Same streetBottom 18%Same areaBottom 6%CitywideTop 37%
Same street · Crestmont Drive
#133 / 163
Bottom 18% · Avg 465.6k
Same area · Fraipont
#1,058 / 1,128
Bottom 6% · Avg 501.8k
Citywide · Winnipeg
#72,157 / 194,458
Top 37% · Avg 390.1k

Year Built

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

Lot Size

around average
3,680 sqft
0255075100
Same streetBottom 21%Same areaBottom 34%CitywideBottom 21%

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

127 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 450 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 4/2021CA$350k–400k
Sold price

Same street

Bottom 15%

Same area

Bottom 11%

City-wide

Top 38%

Related homes

Highlights & common questions: 127 Crestmont Drive, Winnipeg

Property Overview: 127 Crestmont Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, two-storey home built in 2021, offering a move-in-ready foundation in the Fraipont neighbourhood. Its key appeal lies in its balance of contemporary construction and a manageable scale. With 1,525 sqft of living space, it sits comfortably in the middle range for its immediate area—neither the largest nor the smallest, which suggests a practical layout for everyday living. The home features an attached garage and a full, unrenovated basement, presenting a blank canvas for future expansion or storage.

The property’s standout characteristic is its age; compared to the city-wide average home built in 1966, this is a notably newer build, potentially reducing immediate concerns over major system or roof replacements. It suits first-time buyers or small families looking for a modern home without an oversized footprint or lot. The appeal is pragmatic: you’re purchasing recent construction in an established neighbourhood, with the trade-off being a land area that is more compact compared to many older city lots. It’s a fit for those who prioritize low-maintenance, modern interiors over expansive outdoor space.

Section 2: Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home was last sold in April 2021 for an estimated range of $365,000 to $395,000. Its current assessed value is $405,000. This difference highlights the importance of obtaining the exact sale price and understanding current market conditions versus municipal assessment.

2. What does the "unrenovated basement" mean for a 2021 home?
For a home this new, it typically means the basement is unfinished. It has been left as a blank, insulated space with rough-ins for utilities, offering the next owner a straightforward opportunity to customize it to their needs without needing to undo previous work.

3. Is the lot size a limitation?
At 3,680 sqft, the lot is below average for both the street and the city. This means lower yard maintenance but may limit options for large additions, pools, or extensive landscaping. It aligns with a low-maintenance lifestyle.

4. How does this home rank within its immediate area?
The data shows it ranks in the middle to lower range on Crestmont Drive for size, value, and lot size, but is average for its age. This indicates it’s a typical, perhaps more affordable, option on a street that may have larger or more premium homes.

5. What are the implications of the attached garage in this climate?
An attached garage is a significant convenience in Winnipeg’s winters, providing direct, sheltered access to the home. This feature adds daily utility and can contribute to energy savings compared to a detached structure.

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