Property Overview: 250 Whitehorn Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in the Fraipont neighbourhood is defined by its modern age and efficient layout. Built in 2024, it is a notably new construction compared to most Winnipeg homes, offering contemporary building standards and minimal immediate maintenance. With 1,514 sqft of living space and an attached garage, it provides practical family accommodation. Its appeal lies in being a move-in-ready, modern home in a developing area, where the house itself is newer than most of its direct neighbours and the wider city.

The property suits first-time buyers or young families seeking a modern home without the premium often attached to brand-new builds in established areas. It also appeals to those who prioritize low-maintenance living and current building codes. A thoughtful perspective is that while the lot size is smaller than the city average, this translates to less yard upkeep, which can be a benefit for busy homeowners. The assessed value is positioned below the local area average, which may present an entry point into a newer home for value-conscious buyers.

Section 2: Frequently Asked Questions

1. How does this home compare in size to others nearby?
At 1,514 sqft, the living area is very close to the average for both Whitehorn Crescent and the wider Fraipont area, offering standard-sized family rooms without being overly large.

2. Is the basement finished?
No, the basement is present but not renovated. This provides flexible storage space or the potential for future customization to suit a buyer's needs.

3. What does the "Elite" ranking for Year Built mean?
This indicates the home is newer than over 99% of all properties in both Fraipont and the entire city of Winnipeg, highlighting its modern construction in a market with many older homes.

4. Why is the assessed value below the neighbourhood average?
While the home is new, its assessed value is ranked below average for its immediate street and neighbourhood. This can be influenced by specific lot characteristics, the unfinished basement, and the evolving nature of property values in newer subdivisions.

5. What are the property taxes likely to be?
Property taxes are calculated using the assessed value ($42,900) and the City of Winnipeg's mill rate. You can estimate taxes by multiplying the assessed value by the current residential mill rate (approximately 1.3% to 1.45%), resulting in an estimated annual tax bill in the range of $560 to $625.