243 Crestmont Drive

Fraipont, Winnipeg

Property score

83.4

Excellent

Overall 83.4 · Compared with neighbourhood average

1,529 sqft (bottom 42%) · 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

8% 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

83.4 is composed by the two sections below.

Property Score

79.0Good
Living Area1,529 sqft79Good
Year Built202097Excellent
Lot Size4,477 sqft53Fair
Neighbourhood Sales Activity86Excellent

Community Score

90.0Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress63Fair
Core Housing Need100Excellent
Employment Health100Excellent

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
1,529 sqft
0255075100
Same streetBottom 39%Same areaBottom 42%CitywideTop 29%
Same street · Crestmont Drive
#100 / 163
Bottom 39% · Avg 1,629 sqft
Same area · Fraipont
#659 / 1,128
Bottom 42% · Avg 1,668 sqft
Citywide · Winnipeg
#56,049 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
410k
0255075100
Same streetBottom 28%Same areaBottom 9%CitywideTop 36%
Same street · Crestmont Drive
#117 / 163
Bottom 28% · Avg 465.6k
Same area · Fraipont
#1,025 / 1,128
Bottom 9% · Avg 501.8k
Citywide · Winnipeg
#69,891 / 194,458
Top 36% · Avg 390.1k

Year Built

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

Lot Size

above average
4,477 sqft
0255075100
Same streetTop 10%Same areaTop 30%CitywideBottom 33%

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

243 Crestmont Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 441 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 1/2021CA$300k–350k
Sold price

Same street

Bottom 5%

Same area

Bottom 2%

City-wide

Top 49%

Related homes

Highlights & common questions: 243 Crestmont Drive, Winnipeg

Property Overview: 243 Crestmont Drive, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 2020, offers modern living in the Fraipont neighbourhood. Its key appeal lies in a balanced combination of a newer build, a generous lot, and a practical layout. With 1,529 sqft of living space, the home is competitively sized for the area and notably above the city-wide average, providing ample room for a growing family or those who value space. A significant characteristic is the land: at 4,477 sqft, the lot size ranks well above average for both the street and the immediate area, offering more outdoor space than many newer builds in the community. The home includes an attached garage and a basement (not renovated), presenting a blank canvas for future expansion.

The property suits first-time buyers or young families seeking a modern home without the premium of a brand-new construction, and who prioritize a larger yard. Its assessed value positions it as a more accessible option within its own street and Fraipont, suggesting potential value relative to its immediate peers. A thoughtful perspective is that this home offers the benefits of a newer build—like modern building codes and efficiency—while the unrenovated basement allows the next owner to customize the space to their needs and budget without needing to undo someone else’s renovations.

Frequently Asked Questions

1. How does this home’s value compare to others on the street?
The home’s assessed value is below the average for Crestmont Drive, which could indicate a value opportunity or reflect specific features of the property. It’s advisable to view comparable recent sales for the most accurate picture.

2. What does the "basement, not renovated" condition mean?
The basement is functional but finished with basic materials, offering a clean slate. This can be an advantage for buyers who wish to finish the space to their own taste and schedule, potentially adding significant value.

3. Is the lot size a major advantage?
Yes. The lot is larger than most on the street and in Fraipont, which is uncommon for newer homes. This provides more private outdoor space, room for gardening, play, or future additions like a deck or shed.

4. The home sold in early 2021. What does that history tell us?
The 2021 sale price reflects the purchase of a nearly new home. The market has evolved since then, so a current assessment and comparison to very recent sales are essential to understand its present market value.

5. Who are the typical neighbours?
Given the uniform build dates on the street, the neighbourhood likely consists of other young families and professionals who moved into these homes around the same period, fostering a community with similar life stages.

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