Property Overview: 134 Evelyne Reese Boulevard

Key Characteristics & Appeal

This is a modern, two-storey home built in 2019, offering a move-in-ready foundation with space for personalization. Its primary appeal lies in its balance of contemporary age and manageable scale. With 1,492 sqft of living space, it sits comfortably in the middle range for its immediate street and the wider city, avoiding the premium for the largest homes while providing ample room. The property is notably newer than the vast majority of Winnipeg homes, which means less immediate concern for major system overhauls.

The home suits practical buyers looking for a modern build without excessive size or land maintenance. It’s a strong fit for first-time homeowners or downsizers who want a newer construction’s efficiency and low initial upkeep. The unrenovated basement presents a clear opportunity—it’s a blank canvas for future expansion or storage, allowing the next owner to add value on their own terms. While the lot size is modest, especially compared to the Fraipont area average, this translates to less yard work and a more efficient footprint. Financially, its assessed value positions it as a relatively accessible entry into a newer home, sitting below area averages.

Frequently Asked Questions

1. What does "basement not renovated" actually mean?
It indicates the basement is unfinished. It will have essential structural and utility elements (like the furnace, electrical panel) but the space is likely raw, with concrete floors and exposed framing. This is a common state in newer builds, allowing the homeowner to finish it to their own specifications and budget.

2. How does the lack of a garage affect daily living and value?
On-street parking is the standard here. For buyers accustomed to a garage, this means factoring in seasonal considerations like winter scraping and summer heat. However, the absence of a garage can keep purchase and maintenance costs lower, and the lot’s smaller size means less driveway to maintain.

3. The sold price history shows a range. Why isn't there an exact figure?
Exact final sale prices are not always publicly available in Manitoba. The provided range is estimated from public data. For the precise sold price, you can request it via email from the source; this is a common practice to ensure data accuracy while complying with local disclosure norms.

4. The assessed value seems low compared to typical home prices. Is this accurate?
Yes, but note that municipal assessed value for property tax purposes is not the same as market value. It is often significantly lower. The key takeaway is its relative position: this home’s assessment is around or below average for its neighbourhood, which can indicate a relatively lower property tax burden.

5. The home ranks "below average" for lot size in Fraipont. Is this a major drawback?
This depends on lifestyle. For those seeking a large yard for gardening or recreation, it may be limiting. However, a smaller lot is a trade-off that often comes with a newer home in a developed area, resulting in less maintenance and a more efficient use of space, which many modern buyers prefer.