207 Crestmont Drive

Fraipont, Winnipeg

Property score

81.7

Excellent

Overall 81.7 · Smaller than most nearby homes

1,400 sqft (bottom 15%) · 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

16% 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

81.7 is composed by the two sections below.

Property Score

76.2Good
Living Area75
1,400 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
1,400 sqft
0255075100
Same streetBottom 3%Same areaBottom 15%CitywideTop 36%
Same street · Crestmont Drive
#158 / 163
Bottom 3% · Avg 1,629 sqft
Same area · Fraipont
#962 / 1,128
Bottom 15% · Avg 1,668 sqft
Citywide · Winnipeg
#69,104 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

around average
420k
0255075100
Same streetBottom 33%Same areaBottom 13%CitywideTop 34%
Same street · Crestmont Drive
#109 / 163
Bottom 33% · Avg 465.6k
Same area · Fraipont
#982 / 1,128
Bottom 13% · Avg 501.8k
Citywide · Winnipeg
#65,813 / 194,458
Top 34% · 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

207 Crestmont Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 445 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 1%

Same area

Bottom 1%

City-wide

Bottom 47%

Related homes

Highlights & common questions: 207 Crestmont Drive, Winnipeg

Property Overview: 207 Crestmont Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, two-storey home built in 2021, offering a move-in-ready opportunity with a renovated basement. Its key appeal lies in its balance of being a contemporary property within a well-established, newer neighbourhood context. With 1,400 sqft of living space, an attached garage, and a manageable 3,689 sqft lot, it represents a practical, low-maintenance footprint.

The home’s value is nuanced. While its living area is modest compared to immediate neighbours on Crestmont Drive, it is squarely average for Winnipeg overall. Its assessed value of $420k follows a similar pattern—average for the street but below average for the broader Fraipont area, potentially indicating room for value growth as the community matures. A thoughtful perspective is that this property offers the benefits of a new build (modern systems, minimal immediate repairs) without the premium price tag of the largest homes in the area. It would suit first-time buyers or downsizers seeking a modern, efficient home without extensive yard work, and investors or young families attracted to a newer community with similar-aged homes and consistent neighbourhood development.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to others?
At 1,400 sqft, it is below the average for both Crestmont Drive and the Fraipont area, but is very close to the city-wide average for Winnipeg. This suggests a more compact, efficient layout compared to its immediate neighbours.

2. What does the assessed value tell us?
The $420k assessment is average for the street but below the average for Fraipont. This could reflect its smaller size and might present a relative value opportunity within the desirable, newer neighbourhood.

3. Is the lot size a concern?
The lot is typical for newer subdivisions. It’s average for the street and area, but below the city-wide average, which includes many older neighbourhoods with larger lots. This means less exterior maintenance, which is a plus for many modern buyers.

4. The home sold in 2021 for between $305k-$335k. Why is the assessed value now $420k?
This significant increase likely reflects the initial sale being a brand-new construction purchase from the builder. The current assessment aligns with the established market value for a now-lived-in home in a developed community.

5. What are the less obvious points to consider?
Two factors stand out. First, the home is newer than 98% of all properties city-wide, a major advantage for systems and efficiency. Second, while it ranks lower for space within its immediate bubble, its city-average size and below-area-average assessment could make it a strategic entry point into a sought-after, modern neighbourhood.