Property Overview: 214 Crestmont Drive, Fraipont

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2020, presents a modern and efficient living space. Its key appeal lies in its balance of being a relatively new build with above-average space and value within its immediate context. With 1,666 sqft of living area, it offers more room than most comparable homes on its street and in the wider city. The home features a renovated basement and an attached garage.

The property’s assessed value is notably strong, ranking in the top 17-28% of its local areas, suggesting it is viewed favorably relative to its peers. A thoughtful perspective is that while the lot size is more compact compared to city-wide averages, this is typical for newer neighbourhoods and often translates to lower maintenance, which can be a practical advantage. The home suits buyers looking for a move-in ready, modern property without the premium often attached to brand-new construction. It would particularly appeal to young professionals, small families, or downsizers seeking a low-maintenance home with contemporary finishes and a solid valuation foundation in a community of similar, newer homes.

Section 2: Frequently Asked Questions

1. How does the lot size impact the property?
While the land area is smaller than the city's average, it is fairly typical for the newer Fraipont neighbourhood. This often means less yard work and lower exterior maintenance costs, which can be a benefit for those seeking a more lock-and-leave lifestyle.

2. The sold price history shows a range from 2020. What does that indicate?
The recorded sale from late 2020 (in the $37.5k-$40.5k range) likely represents the initial purchase from the builder. The current, higher assessed value reflects market appreciation and the added value of the completed basement renovation since then.

3. Is the above-average assessed value a good sign?
Generally, yes. A consistently high assessment relative to nearby homes can indicate desirable features, updates, or a premium location within the area. It's a positive data point, but market value is always determined by current buyer demand.

4. What is the neighbourhood of Fraipont like?
The provided data shows a concentration of homes built in the 2020s on Crestmont Drive, indicating a modern, master-planned community. The presence of many homes with similar age and value suggests a cohesive, contemporary neighbourhood character.

5. Why is the "Year Built" ranking so different when viewed city-wide?
Ranking in the top 3% city-wide for year built highlights that this is a much newer home compared to Winnipeg's overall housing stock, which has a city-wide average build year of 1966. This is a significant point of modernity and likely means newer building materials, systems, and design.