194 Crestmont Drive

Fraipont, Winnipeg

84.2

Excellent

Overall 84.2

Compared with neighbourhood average

1,619 sqft (top 45%)

Built in 2020

Located in a high-income area

with median household income of ~120k

Transit 62.0

3-min walk to transit with 1 nearby route

Within 500m: 2 parks nearby

Living Area

Near average

3% smaller than neighborhood avg.

Year Built

Near average

0 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

84.2 is composed by the two sections below.

Property Score

80.4Excellent
Living Area1,619 sqft83Excellent
Year Built202097Excellent
Lot Size3,622 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
1,619 sqft
0255075100
Same streetTop 37%Same areaTop 45%CitywideTop 24%
Same street · Crestmont Drive
#61 / 163
Top 37% · Avg 1,629 sqft
Same area · Fraipont
#505 / 1,128
Top 45% · Avg 1,668 sqft
Citywide · Winnipeg
#47,549 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
500k
0255075100
Same streetTop 26%Same areaTop 39%CitywideTop 20%
Same street · Crestmont Drive
#42 / 163
Top 26% · Avg 465.6k
Same area · Fraipont
#440 / 1,128
Top 39% · Avg 501.8k
Citywide · Winnipeg
#38,410 / 194,458
Top 20% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetBottom 28%Same areaTop 46%CitywideTop 3%

Lot Size

around average
3,622 sqft
0255075100
Same streetBottom 10%Same areaBottom 30%CitywideBottom 21%

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

194 Crestmont Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 386 m).

Search radius
🌳Parks2

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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 194 Crestmont Drive.

🗑️

Garbage

tuesday

♻️

Recycling

tuesday

🍂

Yard Waste

tuesday b

Sales History

Sold 8/2020CA$400k–450k
Sold price

Same street

Bottom 30%

Same area

Bottom 25%

City-wide

Top 32%

Related homes

Highlights & common questions: 194 Crestmont Drive, Winnipeg

Property Summary: 194 Crestmont Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fraipont is a modern, low-maintenance property built in 2020. Its key appeal lies in its balance of being a relatively new build with a recently renovated basement, offering move-in readiness without the immediate concerns of an older home. With 1,619 sqft of living space, it sits comfortably above the city-wide average, providing ample room for a small family or couple.

The home’s assessed value of $500k positions it as an above-average offering both on its street and city-wide, suggesting good perceived value for its condition and location. A thoughtful perspective is that while the lot size is compact compared to many city homes, this aligns with a modern, efficient use of space and likely means less yard upkeep—an appeal for busy professionals. The attached garage adds practical convenience for Winnipeg winters.

This property would best suit first-time homebuyers or downsizers seeking a modern home in a developed neighbourhood without the premium of a brand-new build. It’s also a sensible fit for those who value a renovated basement for extra living space but want to avoid a major project.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value ranks in the top 26% on Crestmont Drive, meaning it is valued higher than most direct neighbours. This is likely due to its newer construction (2020) and renovated basement compared to other homes on the street.

2. Is the lot size a concern?
The land area is below average for the street and city. This means a smaller yard, which could be a drawback if outdoor space is a priority. However, it also translates to less maintenance, which some buyers may prefer.

3. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the details. Buyers should inquire about the scope of work, the quality of finishes, and whether proper permits were obtained to understand its true value and condition.

4. How does the age of this home (2020) compare to the area?
On Crestmont Drive, it’s actually slightly older than the street average (2022). However, city-wide, a 2020 build is in the elite top 3%, making it a very new home compared to most of Winnipeg’s housing stock.

5. What is the likely price range based on recent sales?
A nearby, very similar home at 195 Crestmont Drive (built 2021, slightly smaller) has an assessed value of $409k. The last known sale for 194 Crestmont Drive was in 2020 for approximately $38.5k–$41.5k, which reflects its initial purchase price. The current $500k assessment indicates significant appreciation, and a buyer should research recent sales of comparable 2020-built homes in Fraipont for a true market price.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.