235 Crestmont Drive

Fraipont, Winnipeg

Property score

82.8

Excellent

Overall 82.8 · Compared with neighbourhood average

1,544 sqft (bottom 43%) · Built in 2020

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

Near average

7% smaller than neighborhood avg.

Year Built

Near average

0 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

82.8 is composed by the two sections below.

Property Score

78.0Good
Living Area79
1,544 sqftGood
Year Built97
2020Excellent
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

above average
1,544 sqft
0255075100
Same streetBottom 47%Same areaBottom 43%CitywideTop 28%
Same street · Crestmont Drive
#86 / 163
Bottom 47% · Avg 1,629 sqft
Same area · Fraipont
#639 / 1,128
Bottom 43% · Avg 1,668 sqft
Citywide · Winnipeg
#54,585 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

around average
403k
0255075100
Same streetBottom 13%Same areaBottom 4%CitywideTop 38%
Same street · Crestmont Drive
#141 / 163
Bottom 13% · Avg 465.6k
Same area · Fraipont
#1,078 / 1,128
Bottom 4% · Avg 501.8k
Citywide · Winnipeg
#73,075 / 194,458
Top 38% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetBottom 28%Same areaTop 46%CitywideTop 3%

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

235 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 12/2020CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 47%

Related homes

Highlights & common questions: 235 Crestmont Drive, Winnipeg

Property Overview: 235 Crestmont Drive

Key Characteristics & Buyer Profile

This is a modern, two-storey home built in 2020, offering a practical and low-maintenance living space. Its key appeal lies in being a relatively new construction in the Fraipont neighbourhood, which means fewer immediate renovation concerns and modern building standards. With 1,544 sqft of living space and an attached garage, it provides a comfortable layout for everyday life.

The home’s standout characteristic is its context. While its size and lot are quite typical for its immediate street and area, it stands out city-wide for its new age, ranking in the top 3% of Winnipeg homes by year built. This presents a thoughtful perspective: you’re acquiring a home that is newer than the vast majority in the city, yet positioned in a neighbourhood where that is more common, potentially offering a balanced value proposition.

Its assessed value is notably below average for both Crestmont Drive and Fraipont, which could indicate a value opportunity or reflect specific property conditions, such as the unrenovated basement noted in the listing. This home would suit first-time buyers or downsizers seeking a modern, move-in-ready property without a premium price tag for its immediate locale. It’s also a sensible fit for those who prioritize newer infrastructure and systems over a larger lot size, which is smaller than the city average.

Frequently Asked Questions

1. Why is the assessed value lower than many neighbours?
While the home is newer, its assessed value ranks below the average for both the street and the Fraipont area. This can sometimes relate to specific features, finishes, or the unrenovated basement, and highlights the importance of a professional appraisal and viewing to understand its market position fully.

2. What does "unrenovated basement" imply?
The basement is finished but has not been updated since the home was built in 2020. It is functional and adds living space, but may have a basic finish level compared to the main floors, presenting a straightforward opportunity for future personalization.

3. How does the lot size compare?
The land area of 3,689 sqft is fairly standard for the street and Fraipont. However, it is below the city-wide average, which is typical for newer neighbourhoods. This means manageable yard maintenance but less private outdoor space than you might find in older areas of Winnipeg.

4. Is this a good investment compared to other newer homes?
The data shows that while the home is very new by city standards, it is among the older builds on its own street, where the average year built is 2022. This nuanced position may affect its relative appreciation pace compared to the newest homes directly nearby.

5. How can I get the exact historical sale price?
The listed sale price range is based on public data. To obtain the precise sale price from December 2020, you can request it via email through the listing page. The service is manual, with a promise of a reply by the end of the same day and no unsolicited marketing.