Property Overview: 204 Bonaventure Drive E, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fraipont offers a practical blend of space, modern updates, and established convenience. Its key strength is its generous 2,232 sqft of living area, which places it well above average for its street, neighbourhood, and the entire city. The home benefits from a renovated basement and an attached garage. Built in 2016, it is a relatively newer home in a mature city context, meaning major components are likely still within their expected lifespan, offering a balance between modern construction and a settled community feel.

The appeal lies in its quantifiable above-average footprint and its position as a move-in-ready, low-maintenance property. It suits buyers looking for ample interior space without the footprint of a massive yard, as the lot size is fairly standard for the area. It would be an excellent fit for a growing family seeking room to spread out, or for professionals who value a modern, renovated basement as a potential home office or recreational space. A thoughtful perspective is that while the home is newer, it’s on a street with even newer builds (as the data shows), which could mean the immediate area is still evolving, offering a blend of established landscaping with contemporary home standards.

Section 2: Frequently Asked Questions

1. How does the assessed value relate to the likely market price?
The assessed value of $57.50k is a municipal valuation for tax purposes and is not a market appraisal. It is, however, above average for the area, indicating the city recognizes the property’s relative worth. Market price is determined by current buyer demand and recent sales of comparable homes.

2. Is the living space configuration typical for a home of this size?
As a two-storey with a renovated basement, the living area is spread across multiple levels. The 2,232 sqft includes the finished basement, which is a significant addition to the main and upper floors. Prospective buyers should verify the layout and room sizes to ensure it meets their needs.

3. What does the sale history from 2017 tell us?
The home sold in July 2017 for approximately $51.50k-$54.50k. This historical data is useful for understanding long-term trends but does not reflect the current market value, especially considering the basement renovation likely occurred after that sale.

4. How does the lot size impact the property?
At 4,613 sqft, the lot is around average for the street and city. This suggests a manageable yard for maintenance, but not an exceptionally large private outdoor space. It’s a practical size for gardening or patio space without demanding extensive upkeep.

5. What is the significance of the "rankings" provided for each metric?
These rankings show how this property compares to others on its street, in Fraipont, and citywide. For example, living area is in the top 6% citywide, a standout feature. The year built is newer than most city homes but slightly older than many on its own street, providing useful context for the home’s age relative to its immediate surroundings.