199 Crestmont Drive

Fraipont, Winnipeg

Property score

81.7

Excellent

Overall 81.7 · Smaller than most nearby homes

1,433 sqft (bottom 18%) · 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

Below average

14% 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

81.7 is composed by the two sections below.

Property Score

76.2Good
Living Area75
1,433 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

around average
1,433 sqft
0255075100
Same streetBottom 8%Same areaBottom 18%CitywideTop 34%
Same street · Crestmont Drive
#150 / 163
Bottom 8% · Avg 1,629 sqft
Same area · Fraipont
#924 / 1,128
Bottom 18% · Avg 1,668 sqft
Citywide · Winnipeg
#66,249 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

around average
394k
0255075100
Same streetBottom 5%Same areaBottom 2%CitywideTop 40%
Same street · Crestmont Drive
#155 / 163
Bottom 5% · Avg 465.6k
Same area · Fraipont
#1,108 / 1,128
Bottom 2% · Avg 501.8k
Citywide · Winnipeg
#77,585 / 194,458
Top 40% · 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

199 Crestmont Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 444 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 7/2021CA$300k–350k
Sold price

Same street

Bottom 6%

Same area

Bottom 3%

City-wide

Top 48%

Related homes

Highlights & common questions: 199 Crestmont Drive, Winnipeg

Property Overview: 199 Crestmont Drive, Winnipeg

Key Characteristics & Appeal

This two-storey home at 199 Crestmont Drive in the Fraipont neighbourhood is a modern, low-maintenance property built in 2021. Its key appeal lies in being a relatively new construction, which means fewer immediate repair concerns and modern building standards. With 1,433 sqft of living space, three bedrooms, and an attached garage, it offers a practical layout for everyday living.

The home’s standout characteristic is its context. While its size and assessed value are below average for its immediate street and neighbourhood, it is a notably newer home compared to the vast majority of Winnipeg’s housing stock. This presents a unique value perspective: you are acquiring a modern home in a settled area, potentially at a different price point than larger, older homes nearby. The lot is compact (3,689 sqft), which translates to less yard upkeep—a plus for those seeking a lock-and-leave lifestyle or who prefer to spend weekends elsewhere.

This property would suit first-time buyers or downsizers looking for a turnkey, modern home without the premium often attached to brand-new builds in developer-run subdivisions. It’s also a sensible choice for pragmatic investors or buyers who prioritize efficient, newer mechanical systems and insulation over sheer square footage or lot size.

Frequently Asked Questions

1. Is this a good value for the money?
Value depends on priority. If modern construction and lower maintenance are top priorities, this newer home offers that within a mature neighbourhood. If maximum square footage or lot size for your budget is the goal, older homes in the area may provide more space.

2. What does the "below average" ranking for size and value on its street mean?
It means that compared to other homes on Crestmont Drive, this house is on the smaller side and has a lower assessed value. This isn’t inherently negative; it often reflects the home being newer and built on a more modest scale compared to older, possibly larger or more renovated houses on the same block.

3. Why is the city-wide ranking for the year built so high ("Elite – Top 2%")?
This highlights a key point: Winnipeg has a large stock of older homes. A build date of 2021 is very recent compared to the city’s median, placing this home in a rare category for its newness. This is a major advantage in terms of roof, windows, appliances, and systems likely being under warranty or with much life remaining.

4. What is the neighbourhood (Fraipont) like?
Fraipont is an established residential area. The presence of many homes built in the same recent period (2020-2022) on this street and nearby, as shown in the comparable listings, suggests it’s a pocket of new development within the larger, older neighbourhood, offering a blend of fresh infrastructure and established community.

5. How can I find out the exact historical sold price?
The exact sold price is not publicly displayed in the listing data. You can request it by email via the "Get exact sold price history" button on the property page. The service is manual, with a promised reply by the end of the same day, and your email will not be used for unsolicited marketing.