147 Crestmont Drive

Fraipont, Winnipeg

Property score

83.2

Excellent

Overall 83.2 · Compared with neighbourhood average

1,543 sqft (bottom 43%) · Built in 2021 (1 yr newer than avg)

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

Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 1 park nearby

Living Area

Near average

8% 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 Area1,543 sqft79Good
Year Built2021100Excellent
Lot Size3,689 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
1,543 sqft
0255075100
Same streetBottom 46%Same areaBottom 43%CitywideTop 28%
Same street · Crestmont Drive
#88 / 163
Bottom 46% · Avg 1,629 sqft
Same area · Fraipont
#642 / 1,128
Bottom 43% · Avg 1,668 sqft
Citywide · Winnipeg
#54,692 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

around average
407k
0255075100
Same streetBottom 21%Same areaBottom 7%CitywideTop 37%
Same street · Crestmont Drive
#128 / 163
Bottom 21% · Avg 465.6k
Same area · Fraipont
#1,046 / 1,128
Bottom 7% · Avg 501.8k
Citywide · Winnipeg
#71,270 / 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

147 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 444 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 10/2022CA$450k–500k
Sold price

Same street

Top 32%

Same area

Top 43%

City-wide

Top 18%
Sold 9/2021CA$350k–400k
Sold price

Same street

Bottom 19%

Same area

Bottom 15%

City-wide

Top 35%

Related homes

Highlights & common questions: 147 Crestmont Drive, Winnipeg

Property Overview: 147 Crestmont Drive, Fraipont

Key Characteristics & Appeal

This is a modern, two-storey home built in 2021, offering a move-in-ready foundation in the Fraipont neighbourhood. With 1,543 sqft of living space, it sits comfortably around the average size for its immediate street and area, but ranks within the top 28% citywide, indicating a more spacious layout than most Winnipeg homes. Its key appeal lies in its contemporary construction, which means fewer immediate concerns about major aging systems, and its attached garage.

The property presents a nuanced value proposition. Its assessed value is notably below average for both Crestmont Drive and Fraipont, which could signal an opportunity for value-conscious buyers. However, this is balanced against a land area that is smaller than the citywide average. The home suits first-time buyers or young families looking for a modern, low-maintenance property without the premium price tag of a fully renovated or custom-built home. It’s also a practical choice for those who prioritize interior space and newer amenities over a large yard.

Frequently Asked Questions

1. Is this a good value compared to neighbours?
The home’s assessed value is below the average for both the street and the broader Fraipont area, which can indicate a relative value opportunity. However, it’s wise to investigate if this reflects the specific condition of the home, its finishing level, or other factors not captured in the assessment.

2. What does the "unrenovated basement" mean?
The basement is finished but has not been recently updated. This means it’s functional living space, but buyers should budget for potential cosmetic updates or consider it a blank canvas for future personalization.

3. How does the lot size affect this property?
The lot is around average for the street but below the citywide average. This typically means lower yard maintenance, which is a plus for some, but may be a consideration for buyers wanting extensive outdoor space for gardening or recreation.

4. The home sold in 2021 and again in 2022. Should I be concerned?
The recent sales history suggests a quick turnover. While this can sometimes raise questions, in a newer subdivision it may simply reflect typical investor activity or the relocation of the original owner. A title search and home inspection are recommended to ensure there are no underlying issues.

5. How does this home compare to others nearby?
Direct comparisons to similar homes on the same street (like 131, 179, and 195 Crestmont Dr.) show nearly identical living areas, ages, and assessed values. This indicates the property is competitively positioned within a consistent, modern segment of the neighbourhood.

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