Property Overview: 184 Bonaventure Drive E

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2020, offers modern living in Winnipeg's Fraipont neighbourhood. Its key appeal lies in its balance of being a relatively new build with a manageable scale. At 1,564 sqft, the living space is above average citywide, yet it sits on a modest, low-maintenance lot compared to others on its street. The home features an attached garage and a basement (not renovated), providing flexible space for storage or future development.

The property’s value proposition is nuanced. Its assessed value is notably below the street average, which could signal an opportunity, but may also relate to its smaller lot size. It suits first-time buyers or downsizers seeking a modern, "lock-and-leave" home without the upkeep of a larger property or an older structure. It’s particularly appealing for those who prioritize a newer build with contemporary systems and finishes over expansive outdoor space. The recent 2023 sale suggests a stable, established value in the current market.

Section 2: Frequently Asked Questions

1. Is the below-average assessed value a concern?
Not necessarily. While its assessed value is lower than many neighbours, it is near the average for Fraipont and above average citywide. This often reflects specific property characteristics (like lot size) rather than condition, especially for a home built in 2020.

2. What does "basement, not renovated" imply?
It indicates the basement is functional but finished in a basic or builder-grade state. It offers excellent potential for customization but would require an investment to upgrade to a fully finished living space.

3. How does the lot size impact living here?
The lot is smaller than most on Bonaventure Drive E, which means less yard maintenance—a plus for many. However, it also means less private outdoor space for gardening or recreation compared to immediate neighbours.

4. As a 2020 build, what should I expect regarding maintenance?
You benefit from newer construction standards, modern efficiency, and likely remaining warranty coverage on major components. Primary maintenance will be routine (exterior cleaning, HVAC servicing) rather than the major repairs often needed in older homes.

5. How does this home fit within the Fraipont neighbourhood?
It represents one of the newer homes in the area. You get the advantage of a modern dwelling within an established community, though the architectural style and lot size may differ from older, more traditional homes on the street.