227 Crestmont Drive

Fraipont, ਵਿਨੀਪਿਗ

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

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

11% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

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

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Property score

81.7 is composed by the two sections below.

Property Score

76.2Good
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ75
1,483 sqftGood
ਤਰੀਕ ਤੋਂ ਬਣਿਆ100
2021Excellent
ਜ਼ਮੀਨ46
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

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Fraipont

How to read: Share of sales in each ~$50k price band for “fraipont” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ
1,483 sqft
0255075100
Same streetਹੇਠਲੇ 13%Same areaਹੇਠਲੇ 24%Citywideਟਾਪ 32%
Same street · Crestmont Drive
#141 / 163
ਹੇਠਲੇ 13% · ਔਸਤ 1,629 sqft
Same area · Fraipont
#859 / 1,128
ਹੇਠਲੇ 24% · ਔਸਤ 1,668 sqft
Citywide · ਵਿਨੀਪਿਗ
#61,397 / 194,458
ਟਾਪ 32% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ
401k
0255075100
Same streetਹੇਠਲੇ 12%Same areaਹੇਠਲੇ 4%Citywideਟਾਪ 38%
Same street · Crestmont Drive
#144 / 163
ਹੇਠਲੇ 12% · ਔਸਤ 465.6k
Same area · Fraipont
#1,084 / 1,128
ਹੇਠਲੇ 4% · ਔਸਤ 501.8k
Citywide · ਵਿਨੀਪਿਗ
#73,989 / 194,458
ਟਾਪ 38% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਇਲੀਟ
2021
0255075100
Same streetਹੇਠਲੇ 47%Same areaਟਾਪ 32%Citywideਟਾਪ 2%

ਜ਼ਮੀਨ

ਔਸਤ
3,689 sqft
0255075100
Same streetਹੇਠਲੇ 40%Same areaਹੇਠਲੇ 38%Citywideਹੇਠਲੇ 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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

227 Crestmont Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 450 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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

1/2023 ਵਿਚ ਵਿਕਿਆCA$450k–500k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 43%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 49%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 21%
3/2021 ਵਿਚ ਵਿਕਿਆCA$300k–350k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 4%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 2%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 50%

Related homes

ਵਿਨੀਪਿਗ 227 Crestmont Drive — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 227 Crestmont Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, two-storey home built in 2021, offering a low-maintenance start in the Fraipont neighbourhood. Its key appeal lies in its contemporary construction, which means fewer immediate repair concerns and modern building standards. With 1,483 sqft of living space and an attached garage, it provides practical family-sized accommodation.

The home’s positioning is nuanced. Within its immediate area and street, it ranks below average for both size and assessed value, suggesting it could be a more accessible entry point into a newer community. City-wide, however, its age is a standout feature, ranking in the top 2% for being newer than most Winnipeg homes. This creates a unique value proposition: you’re acquiring a recent build without the premium often attached to the very newest listings, potentially offering a balance of modern amenities and value.

This property would suit first-time buyers or downsizers seeking a modern, move-in-ready home without the unpredictability of an older property. It’s also a practical choice for those who prioritize newer mechanical systems and building envelopes over having the largest footprint on the street.

Section 2: Frequently Asked Questions

1. Is this a good value for the neighbourhood?
The data suggests it is priced below the average for both Crestmont Drive and the wider Fraipont area in terms of assessed value. This could indicate a value opportunity, but it’s essential to view the home in person to understand its specific condition and layout.

2. What does the “below average” ranking for size mean?
While the living area is below the average for its immediate street and neighbourhood, it is close to the city-wide average. This points to a community of relatively larger, newer homes. The home provides functional space but may feel cozy compared to some direct neighbours.

3. Why is the city-wide ranking for the year built so high?
Winnipeg has a large stock of older homes. A build year of 2021 is very recent compared to the city’s median, placing this home in an elite percentile for age. This is a major point of appeal for buyers wanting to avoid the maintenance and renovation needs of an older house.

4. What is the lot size like?
At 3,689 sqft, the lot is around average for the street and neighbourhood. City-wide, it is below average, reflecting the smaller lot sizes typical of newer suburban developments. It provides adequate outdoor space but is not an exceptionally large yard.

5. The sold price history shows a significant increase from 2021 to 2023. What does this indicate?
The increase reflects the home’s initial sale as a new build and its subsequent resale in a strong market. It demonstrates market acceptance and appreciation in the area, but past performance is not a guarantee of future value. Current market conditions and the home’s specific state will determine its present value.