219 Crestmont Drive

Fraipont, Winnipeg

Property score

81.7

Excellent

Overall 81.7 · Smaller than most nearby homes

1,483 sqft (bottom 24%) · 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

11% 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
1,483 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
1,483 sqft
0255075100
Same streetBottom 13%Same areaBottom 24%CitywideTop 32%
Same street · Crestmont Drive
#141 / 163
Bottom 13% · Avg 1,629 sqft
Same area · Fraipont
#859 / 1,128
Bottom 24% · Avg 1,668 sqft
Citywide · Winnipeg
#61,397 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
388k
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideTop 42%
Same street · Crestmont Drive
#162 / 163
Bottom 1% · Avg 465.6k
Same area · Fraipont
#1,123 / 1,128
Bottom 1% · Avg 501.8k
Citywide · Winnipeg
#80,778 / 194,458
Top 42% · 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

219 Crestmont Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 449 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 3/2021CA$300k–350k
Sold price

Same street

Bottom 6%

Same area

Bottom 2%

City-wide

Top 49%

Related homes

Highlights & common questions: 219 Crestmont Drive, Winnipeg

Property Overview: 219 Crestmont Drive, Winnipeg

Key Characteristics & Buyer Appeal

This is a modern two-storey home in the Fraipont neighbourhood, built in 2021. With 1,483 sqft of living space, an attached garage, and a full (unrenovated) basement, it offers a practical, low-maintenance layout for modern living. Its primary appeal lies in its age and condition; as a near-new build, it sidesteps the major repair or system replacement concerns common with older homes. The property sits on a standard city lot, providing manageable outdoor space.

The home’s standout characteristic is its value positioning. While its assessed value is below average for its immediate street and neighbourhood, it sits around the city-wide average. This suggests it may offer more modern amenities for the price compared to many older Winnipeg homes, but within Fraipont, it could be seen as a competitively priced entry into a newer development area. It would suit first-time buyers or small families seeking a turnkey, contemporary home without a premium price tag, and investors looking for a relatively new property with potential for long-term capital growth as the neighbourhood matures.

Frequently Asked Questions

1. Is this a good value for the area?
The data suggests it is priced competitively within Fraipont. Its assessed value ranks at the lower end compared to similar homes on the same street and in the neighbourhood, which could indicate a value opportunity for a modern home.

2. What does the "unrenovated basement" mean?
The basement is finished as part of the original 2021 build but has not been updated or remodeled since. It’s likely in good, functional condition but may have a basic finish level.

3. How does the lot size compare?
At just under 3,700 sqft, the lot is around average for Crestmont Drive and Fraipont, but below the city-wide average. This means smaller yard maintenance, which some buyers prefer, but less private outdoor space than found in some older neighbourhoods.

4. The home sold in 2021. Why is it back on the market?
While the specific reason isn’t provided, the resale of a nearly new home is common. Possible reasons include a job relocation, change in family circumstances, or an investor exiting the market.

5. What are the downsides of a home with a below-average assessment for its street?
While it can represent a value purchase, it may also reflect factors like a less desirable placement on the street, a smaller floor plan than neighbours, or more basic finishes. It’s wise to compare it directly with nearby sold properties.