Property Overview: 194 Whitehorn Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fraipont is a modern property, built in 2023, offering a move-in-ready canvas. With 1,552 sqft of living space, it sits comfortably above the city-wide average for home size, providing ample room for a growing family or those who appreciate spacious layouts. The home includes an attached garage and a full, unfinished basement, presenting a clear opportunity for future customization and added value.

Its primary appeal lies in its balance of new construction benefits and a competitively positioned assessed value. While the lot size is modest for the suburb, it translates to less exterior maintenance. The home’s assessed value is notably below the current averages for both its immediate street and the broader Fraipont area, which may indicate a value opportunity for a buyer, especially when compared to similar nearby sales.

This property would suit first-time buyers or young families seeking a modern, low-maintenance home without the premium often attached to brand-new builds. It’s also a practical choice for value-oriented buyers who see potential in personalizing an unfinished basement over time, rather than paying for renovations already completed by a previous owner.

Section 2: Frequently Asked Questions

1. Is this a good value compared to other homes on the street?
Based on the provided data, the home’s assessed value is below the average for Whitehorn Crescent. Recent sales on the street also suggest a potentially competitive price point, making it a notable value within its own neighbourhood.

2. What does the unfinished basement mean for me?
The basement is a blank slate. It offers the opportunity to add significant living space (like a rec room, home office, or additional bedroom) tailored to your needs, but it requires planning and investment. It’s a trade-off between a lower initial price and future project costs.

3. How does the lot size impact the property?
The land area is smaller than many lots in Fraipont and across Winnipeg. This means a more manageable yard for gardening and upkeep, but less private outdoor space. The appeal depends on your preference for low-maintenance living versus having a large yard.

4. The home is very new. Are there any potential concerns with a 2023 build?
A three-year-old home is past the initial "shrink-settle" phase where minor issues often appear, and any major construction defects would likely be covered under the original builder’s warranty. It’s still advisable to have a thorough inspection to assess the quality of the build and finishes.

5. How does this home compare city-wide?
Its living space is above the Winnipeg average, while its lot size is below. Most strikingly, its 2023 build date makes it newer than 99% of homes in the city, offering modern standards for insulation, windows, and systems that much older inventory cannot match.