272 Crestmont Drive

Fraipont, Winnipeg

86.8

Excellent

Overall 86.8

Larger and newer than most nearby homes

1,819 sqft (top 26%)

Built in 2024 (4 yrs 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

Living Area

Above average

9% larger than neighborhood avg.

Year Built

Above average

4 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

86.8 is composed by the two sections below.

Property Score

84.6Excellent
Living Area1,819 sqft89Excellent
Year Built2024100Excellent
Lot Size3,623 sqft46Low
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
1,819 sqft
0255075100
Same streetTop 18%Same areaTop 26%CitywideTop 17%
Same street · Crestmont Drive
#29 / 163
Top 18% · Avg 1,629 sqft
Same area · Fraipont
#295 / 1,128
Top 26% · Avg 1,668 sqft
Citywide · Winnipeg
#32,115 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
518k
0255075100
Same streetTop 17%Same areaTop 28%CitywideTop 17%
Same street · Crestmont Drive
#28 / 163
Top 17% · Avg 465.6k
Same area · Fraipont
#318 / 1,128
Top 28% · Avg 501.8k
Citywide · Winnipeg
#33,072 / 194,458
Top 17% · Avg 390.1k

Year Built

Elite
2024
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 1%

Lot Size

around average
3,623 sqft
0255075100
Same streetBottom 19%Same areaBottom 31%CitywideBottom 21%

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

272 Crestmont Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 370 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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 272 Crestmont Drive.

🗑️

Garbage

tuesday

♻️

Recycling

tuesday

🍂

Yard Waste

tuesday b

Sales History

Sold 6/2024CA$500k–550k
Sold price

Same street

Top 19%

Same area

Top 29%

City-wide

Top 13%

Related homes

Highlights & common questions: 272 Crestmont Drive, Winnipeg

Property Overview: 272 Crestmont Drive, Fraipont

This two-storey home at 272 Crestmont Drive presents a modern, low-maintenance living option in Winnipeg's Fraipont neighbourhood. Built in 2024, it is essentially a new home, ranking in the top 1% for its year of construction both on its street and city-wide. With 1,819 sqft of living space and an attached garage, it offers comfortable, contemporary living. The property sits on a 3,623 sqft lot, which is more compact than many city-wide averages but typical for newer developments in the area.

Key Characteristics & Appeal

The primary appeal of this home lies in its modernity and move-in readiness. As a near-new build, buyers can expect contemporary building standards, energy efficiency, and minimal immediate repair costs. Its living area and assessed value consistently rank in the top 20-30% against local and city-wide comparables, indicating a above-average offering for its class. The attached garage adds practical convenience.

Its compact lot is a double-edged feature: it means less yard maintenance—a significant appeal for busy professionals, downsizers, or those seeking a lock-and-leave lifestyle—but offers less private outdoor space than older neighbourhoods. This property would suit first-time buyers looking for a modern home without the wait of a build, young families attracted to a new community, or investors seeking a relatively new asset with potential for long-term capital stability. It’s a solid choice for those prioritizing the interior condition and modern amenities over expansive land.

Frequently Asked Questions

1. Is the basement finished?
No, the basement is present but unrenovated. This provides valuable storage space and the potential for future customization, such as a rec room or additional bedroom, subject to permits.

2. How does the property’s value compare to recent sales?
The home sold in June 2024 for between $505,000 and $535,000. Its current assessed value is $518,000, which is above the average for both Crestmont Drive and the wider Fraipont area, reflecting its newer condition and desirability.

3. What is the neighbourhood like?
Fraipont is a newer development. The listing shows several nearby properties on Crestmont Drive with very similar build years (2021-2023), suggesting a uniform, modern streetscape with likely similar demographics of newer homeowners.

4. What are the less obvious trade-offs of a newer home like this?
While offering modern comforts, the lot size is smaller than the Winnipeg city average. This means limited potential for expansions like large decks, pools, or extensive landscaping. The premium for a new build may also mean less opportunity for value-add renovations compared to an older home.

5. Where can I find exact historical sold prices?
The exact sold price is not publicly displayed in detail due to data privacy practices. The listing service offers to provide the precise figure via email upon request, which they handle manually without using the contact for unsolicited marketing.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.