Property Overview: 160 Jack Reimer Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2019, offers a practical and modern living space in Winnipeg's Fraipont neighbourhood. With 1,674 sqft of living area, it provides above-average space citywide, though it is more in line with the typical size for its immediate area. The home features an attached garage and a full, unfinished basement, presenting a blank canvas for future expansion or storage.

The primary appeal lies in its balance of being a relatively new build—which means modern construction standards and less immediate maintenance—within a well-established, comparably built streetscape. Its assessed value is notably above the citywide average, suggesting solid municipal valuation, yet it sits below the average for its own street. This could indicate a value position within a desirable micro-location. The lot is standard for the suburb but smaller than the wider city average, offering a lower-maintenance yard.

This property would suit first-time buyers or young families seeking a move-in ready home without the worries of an older structure. It’s also a sensible choice for value-conscious buyers who prioritize a modern home in a neighbourhood of similar properties, where the lower assessment relative to the street could be an advantage. The unfinished basement appeals to those who want to customize their space over time.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value is below the average for Jack Reimer Drive itself. This doesn't necessarily reflect condition, but may indicate a slightly smaller lot or living area compared to some direct neighbours, potentially offering a more accessible entry point into the street.

2. What does the “unfinished basement” mean for me?
The basement is a full, undeveloped space. This is a cost-saving feature at purchase and provides the next owner with the flexibility to finish it to their own taste and needs, whether as a rec room, home office, or additional bedrooms. It does mean that project and associated costs would be future considerations.

3. Is this a good investment given it’s newer?
While newer homes typically have lower repair costs initially, their value is often more closely tied to general market movement and neighbourhood desirability than to major appreciation from renovations. This home’s strong citywide ranking for assessed value suggests a solid foundation, but its performance will be linked closely to the Fraipont area.

4. How does the lot size impact living here?
At 4,252 sqft, the lot is manageable and typical for the suburb. It’s suitable for a patio, play area, or garden without demanding excessive upkeep. For those seeking extensive outdoor space or privacy, it’s worth comparing to properties with larger lots, which are more common elsewhere in the city.

5. Why is the last sold price from 2019?
The home was likely purchased new from the builder in late 2019. The sold price range shown reflects that initial transaction. There have been no subsequent public sales, meaning the current seller is likely the first owner.