Property Overview: 171 Bonaventure Drive W

Section 1: Key Characteristics & Appeal

This is a modern, one-storey home built in 2017, offering a practical and low-maintenance living style. With 1,400 sqft of living space and an attached garage, it sits on a roughly 5,000 sqft lot in the Fraipont neighbourhood. The home’s core appeal lies in its balance of contemporary age and relative value. While its size is modest for its immediate street and area, it is a newer construction compared to much of the city’s housing stock, potentially reducing near-term repair concerns.

Its assessed value presents an interesting perspective: it sits below average for Bonaventure Drive W but is above average when compared city-wide. This suggests the property may offer a value-oriented entry point into a established street, suited for buyers who prioritize a newer home in a quiet setting without requiring extensive square footage. It would likely suit first-time buyers, downsizers, or those seeking a straightforward, modern bungalow layout. The unrenovated basement presents a blank canvas for future expansion or storage.

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 Bonaventure Drive W itself, but ranks above average compared to the entire city. This indicates it may be priced more accessibly than some immediate neighbours while still holding solid value in the broader market.

2. What does the "below average" living area ranking mean for this street?
Most homes on Bonaventure Drive W are larger, averaging about 1,785 sqft. This home’s 1,400 sqft is more compact, which could mean a lower utility cost and less upkeep, but it’s important to ensure the layout meets your spatial needs.

3. Is the 2017 build date a significant advantage?
Yes. Being built in 2017 makes it a significantly newer home than the typical Winnipeg house (city-wide average benchmark is 1966). This often translates to modern building standards, newer major systems like HVAC and roofing, and potentially better energy efficiency.

4. What is the potential of the basement?
The listing notes a basement that exists but is "not renovated." This means it is unfinished space, offering storage or the future opportunity to add living area, a recreational room, or additional bedrooms according to your taste and budget.

5. How stable have prices been on this street?
The available data shows the home sold in July 2021 for a price range consistent with its current assessed value. For the exact historical sold price and to understand longer-term trends on the street, you can request the precise data via the provided email service.