131 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 Area79
1,525 sqftGood
Year Built100
2021Excellent
Lot Size46
3,689 sqftLow
Neighbourhood Sales Activity86
Excellent

Community Score

90.0Excellent
Household Income91
Excellent
Education Level91
Excellent
Housing Stress63
Fair
Core Housing Need100
Excellent
Employment Health100
Excellent

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
3,689 sqft
0255075100
Same streetBottom 40%Same areaBottom 38%CitywideBottom 22%

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

131 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 449 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: 131 Crestmont Drive, Winnipeg

Property Overview: 131 Crestmont Drive

Key Characteristics & Appeal

This is a modern, two-storey home built in 2021, offering the advantage of newer construction with contemporary building standards and minimal initial maintenance. Its key features include an attached garage and a full, unrenovated basement that presents a clean slate for future customization. With 1,525 sqft of living space on a 3,689 sqft lot, it provides a balanced footprint for a growing family or professional couple.

The appeal lies in its solid positioning within a desirable and established newer neighbourhood, Fraipont. The home ranks well for lot size within its immediate area and is notably newer than most properties across Winnipeg. This combination suggests a well-built home in a prime suburban location. It would particularly suit first-time buyers or young families seeking a move-in-ready home without the concerns of an older property, as well as buyers who view the untouched basement as a valuable opportunity to add personalized equity, rather than a drawback.

A less obvious perspective is the value of its established lot and neighbourhood maturity compared to brand-new builds on the fringes; the landscaping and community are more settled, while the home itself remains modern. The data also indicates the assessed value is strong for the neighbourhood, which can be a positive sign for long-term stability.

Frequently Asked Questions

1. What does "Top X%" in the rankings mean?
These rankings compare this specific property against others on its street, in Fraipont, and across all of Winnipeg for metrics like lot size and year built. For example, being "Top 22% in Winnipeg" for year built means it is newer than 78% of properties in the city, highlighting its modern construction.

2. The basement is listed as "not renovated." What is its condition?
The listing confirms the basement exists but has not been finished. It is a blank canvas with full height and plumbing in place, ready for the next owner to design and finish according to their needs and budget.

3. How does the assessed value relate to the likely selling price?
The assessed value ($40.50k) is for municipal tax purposes and is typically much lower than market value. The last sale price in 2021 was $380k. Current market conditions, comparable sales (like the nearby references listed), and buyer demand will determine the final selling price.

4. What are the advantages of a 2021 build versus an older home?
A 2021 build generally means newer major systems (roof, HVAC, windows), modern energy efficiency standards, compliance with current building codes, and less likelihood of immediate, costly repairs. It offers a balance between a brand-new home and an established neighbourhood.

5. The lot size ranks well, but the living area is more average. What does this mean for me?
This indicates a favourable balance between indoor space and outdoor room. You get a generous yard for recreation, gardening, or future additions, while the living area is competitive for the neighbourhood. It’s a profile that prioritizes outdoor space alongside comfortable indoor living.