195 Crestmont Drive

Fraipont, Winnipeg

Property score

83.2

Excellent

Overall 83.2 · Compared with neighbourhood average

1,529 sqft (bottom 42%) · Built in 2021 (1 yr newer than avg)

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

8% smaller than neighborhood avg.

Year Built

Near average

1 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

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Property score

83.2 is composed by the two sections below.

Property Score

78.6Good
Living Area79
1,529 sqftGood
Year Built100
2021Excellent
Lot Size46
3,689 sqftLow
Neighbourhood Sales Activity86
Excellent

Community Score

90.0Excellent
Household Income91
Excellent
Education Level91
Excellent
Housing Stress63
Fair
Core Housing Need100
Excellent
Employment Health100
Excellent

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
1,529 sqft
0255075100
Same streetBottom 39%Same areaBottom 42%CitywideTop 29%
Same street · Crestmont Drive
#100 / 163
Bottom 39% · Avg 1,629 sqft
Same area · Fraipont
#659 / 1,128
Bottom 42% · Avg 1,668 sqft
Citywide · Winnipeg
#56,049 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
409k
0255075100
Same streetBottom 28%Same areaBottom 9%CitywideTop 36%
Same street · Crestmont Drive
#118 / 163
Bottom 28% · Avg 465.6k
Same area · Fraipont
#1,030 / 1,128
Bottom 9% · Avg 501.8k
Citywide · Winnipeg
#70,353 / 194,458
Top 36% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetBottom 47%Same areaTop 32%CitywideTop 2%

Lot Size

around average
3,689 sqft
0255075100
Same streetBottom 40%Same areaBottom 38%CitywideBottom 22%

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

195 Crestmont Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 443 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%

Sales History

Sold 9/2021CA$350k–400k
Sold price

Same street

Bottom 10%

Same area

Bottom 6%

City-wide

Top 43%

Related homes

Highlights & common questions: 195 Crestmont Drive, Winnipeg

Property Overview: 195 Crestmont Drive

Section 1: Key Characteristics & Appeal

This two-storey home in Fraipont is a modern, low-maintenance property built in 2021. Its key appeal lies in its balance of being a newer build within an established neighbourhood context. The home features a practical 1,529 sqft layout, an attached garage, and a full basement awaiting personalization.

The property suits first-time buyers or young families seeking a move-in-ready home without the immediate concerns of major repairs or updates common in older houses. Its lot size is above average for the street, offering a bit more outdoor space than some direct neighbours. The assessed value ranks highly within Fraipont, suggesting it is considered a solid asset in its immediate area. A thoughtful perspective is that this home offers the "newness" advantage while being situated on a street with mature homes, providing a blend of modern convenience and established community feel without the premium of a brand-new subdivision lot.

Section 2: Frequently Asked Questions

1. What is the significance of the "unrenovated basement"?
This indicates the basement is finished and usable but in its original state from 2021. It presents a blank canvas for the next owner to customize to their needs, rather than paying for a prior owner's specific renovation choices.

2. How does the property compare to others on the street?
The data shows a mix. The lot is larger than many on Crestmont Drive, but the living area is slightly below the street's median. This suggests a balanced property with more yard space relative to its footprint.

3. The assessed value seems high for the neighbourhood. Why?
The assessment ranks in the top 9% for Fraipont. This is likely due to the combination of its recent build year, above-average lot size, and the general premium placed on newer, low-maintenance homes in the area.

4. What can nearby "reference" properties tell us?
Direct comparisons on the same street (179 and 131 Crestmont) show nearly identical specs and values, confirming this home's price is in line with its immediate peers. Other references in Fraipont show that for a similar value, you might find slightly more living space or a slightly larger lot, but often in an older home.

5. Is there any cause for concern with the 2021 sale price vs. current assessment?
The home sold for $36.2k in 2021 (likely a data error or non-arms-length transaction) and is now assessed at $40.9k. The meaningful comparison is to the current assessed values of nearly identical neighbouring homes built the same year, which are all clustered around $40.5k-$42.9k, indicating a stable and consistent market valuation.