Property Overview: 260 Crestmont Drive, Winnipeg

Key Characteristics & Appeal

This two-storey home in Fraipont is a modern property, built in 2023, offering a move-in-ready opportunity with minimal upkeep in its immediate future. Its key appeal lies in its balance of new construction benefits within an established neighbourhood context. With 1,646 sqft of living space, it sits comfortably above the Winnipeg citywide average, providing ample room for a growing family or those seeking space for a home office or hobbies. The attached garage and full (though unrenovated) basement add practical utility and future potential.

The home’s value is underscored by its assessed value of $490k, which ranks above average citywide. A thoughtful perspective is its positioning within the immediate area: while the lot size is somewhat compact for the street, this often translates to less yard maintenance. The property suits buyers looking for a newer build who want to avoid the risks and delays of new construction on the outskirts, preferring instead the matured landscape and community feel of Fraipont. It’s an ideal match for professionals or young families seeking a modern, low-maintenance home without sacrificing interior space, and who see the unfinished basement as a canvas for future customization rather than a drawback.

Frequently Asked Questions

1. How does this home compare to others on the street?
It ranks above average for its year built and assessed value on Crestmont Drive. Its living area is typical for the street, though the lot size is slightly smaller than the immediate neighbourhood average.

2. What does "above average citywide" really mean for the assessed value?
The home’s $490k assessment places it in the top 21% of all Winnipeg properties, indicating it is considered a higher-value home compared to the broader market, which has an average assessed value around $390k.

3. The basement is listed as "not renovated." What should I expect?
This typically means the basement is unfinished or in a rough-in state. It has full utility connections (plumbing, electrical) but lacks finished walls, floors, and ceilings, offering a blank space for future development to suit your needs.

4. The home sold in early 2023. Why is that recent sale price shown as a range?
The listed sale price range is based on publicly available data. To obtain the exact sale price, you can request it via email from the listing source, which provides this detail manually to ensure accuracy.

5. Is the lot size a concern?
While the land area is below average for both the street and citywide, this is common for newer infill properties in established neighbourhoods. It offers a manageable yard with less maintenance, which can be a benefit for many buyers.