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)
764
515k
$359/sqft
2020
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81.7 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111207
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
223 Crestmont Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 451 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 2% | Bottom 1% | Bottom 47% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 223 Crestmont Drive, Winnipeg
Key Characteristics & Appeal
This is a modern, two-storey home built in 2021, offering a move-in-ready foundation in the Fraipont neighbourhood. Its key characteristic is its relative newness within a city-wide context, ranking in the top 2% for year built compared to Winnipeg's predominantly older housing stock. This suggests a home with contemporary building standards and minimal immediate repair concerns.
The appeal lies in its efficiency and positioning. With 1,400 sqft of living space, it is a comfortably sized home that sits around the city-wide average, yet it is notably more compact and affordable than most direct neighbours on Crestmont Drive. This creates a value proposition: you acquire a newer build while carrying lower property taxes, as indicated by its assessed value being the lowest on its street and in Fraipont. The attached garage and standard city lot round out the practical features.
This property would suit first-time buyers or downsizers seeking a modern, low-maintenance home without a premium price tag. It’s also a pragmatic choice for investors or buyers focused on fiscal efficiency, as the low assessment points to significant tax savings compared to nearly identical neighbouring homes. A less obvious perspective is that its smaller size and lower cost on a street of larger, higher-valued homes could offer a unique entry point into a desirable micro-location, with potential for value growth as the newer neighbourhood matures.
Frequently Asked Questions
1. Why is the assessed value so much lower than the neighbours?
While nearly identical in age and style to nearby homes, this property has a smaller living area. Municipal assessments heavily factor in size, which results in significantly lower property taxes—a key ongoing cost savings.
2. Is the basement finished?
No, the basement is noted as "not renovated." This provides a blank canvas for future expansion but requires investment to become livable space.
3. How does the home’s size compare practically?
At 1,400 sqft, it is perfectly adequate for a small family or couple. However, it is about 200-300 sqft smaller than many immediate neighbours, which typically means fewer or more compact rooms.
4. What does the "Elite" city-wide ranking for year built mean?
It simply means this home is newer than approximately 98% of all homes in Winnipeg. This is a standout feature in a city with many older properties, suggesting newer infrastructure, appliances, and building codes.
5. Can I get the exact historical sale price?
The listed sale price is a range based on public data. The exact price can be requested directly from the site via email; they provide this detail manually without using your email for unsolicited marketing.
