203 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
406k
0255075100
Same streetBottom 19%Same areaBottom 7%CitywideTop 37%
Same street · Crestmont Drive
#132 / 163
Bottom 19% · Avg 465.6k
Same area · Fraipont
#1,052 / 1,128
Bottom 7% · Avg 501.8k
Citywide · Winnipeg
#71,729 / 194,458
Top 37% · 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

203 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 8/2021CA$300k–350k
Sold price

Same street

Bottom 2%

Same area

Bottom 1%

City-wide

Bottom 49%

Related homes

Highlights & common questions: 203 Crestmont Drive, Winnipeg

Property Overview: 203 Crestmont Drive, Fraipont

Key Characteristics & Appeal

This is a modern, two-storey home built in 2021, offering a move-in ready foundation in the established Fraipont neighbourhood. With 1,529 sqft of living space and an attached garage, it provides a practical layout for everyday living. Its primary appeal lies in its contemporary construction, which means fewer immediate maintenance concerns compared to older homes, and its position on a street of similar, newer properties.

The home sits in a interesting value position. Its assessed value is below average for its immediate street and neighbourhood, which could present an opportunity, but it's essential to understand this in context. The home is notably newer than the vast majority of the city's housing stock, ranking in the top 2% citywide for year built. This modern age is a significant, less obvious advantage that balances its more average metrics for size and land area within Fraipont.

This property would best suit first-time buyers or small families looking for a modern home in a mature area without the premium often attached to brand-new subdivisions. It’s also a sensible choice for practical buyers who prioritize recent construction and predictable upkeep over having the largest lot or the most customized finishes.


Frequently Asked Questions

1. Why is the assessed value below the neighbourhood average?
While below the average for Crestmont Drive and Fraipont, the assessment reflects a specific point-in-time valuation. Given the home's very recent build year (2021), this may indicate different upgrade levels or simply the assessed values not yet fully aligning with recent market conditions for newer homes in the area.

2. What does the "Elite" ranking for year built mean?
This means the home is newer than approximately 98% of all residential properties in the city. For a buyer, this translates into modern building standards, newer major systems (like HVAC and plumbing), and potentially lower repair costs in the near term.

3. Is the living space sufficient for a growing family?
At 1,529 sqft, it is slightly below the average for the street but provides a standard layout for a 3-4 bedroom home. It's a efficient size, suitable for a young family, but those needing extensive space for activities or home offices should carefully consider their needs.

4. How does the lot size compare?
The 3,689 sqft lot is fairly typical for the street and neighbourhood. It provides adequate outdoor space for a patio, garden, or play area but is below the much larger citywide average, as many older neighbourhoods have more substantial lots.

5. Can I get the exact historical sale price?
The listed sale range is based on public data. The exact sale price is available by request directly from the site, which will provide it via email without using your address for unsolicited marketing.