Property Overview: 278 Evelyne Reese Boulevard

Key Characteristics & Appeal

This two-storey home, built in 2024, is a modern offering in Winnipeg’s Fraipont neighbourhood. Its primary appeal lies in its new construction status, offering the benefits of a contemporary build with minimal maintenance concerns. With 1,327 sqft of living space and a detached garage, it provides a practical layout for everyday living.

The home’s standout characteristic is its age; it ranks in the top 1% for year built both on its street and in the wider city, meaning it is notably newer than almost all comparable properties. This is balanced by its more modest footprint, as the living area and land size (2,590 sqft) are below the current averages for the immediate Fraipont area. This creates a specific value proposition: you are purchasing modernity and efficiency, potentially at the expense of larger-scale space.

This property would suit first-time homebuyers or downsizers seeking a low-maintenance, turn-key home without the premium often attached to larger new builds. It’s also a sensible fit for pragmatic buyers who prioritize modern systems and building standards over expansive square footage or a large yard. The assessed value is positioned around the city-wide average, suggesting a stable entry point into a new home.

Frequently Asked Questions

1. Is this a good value compared to other homes on the street?
The data suggests a balanced value. The home is significantly newer (top 1%) than others on Evelyne Reese Boulevard, but its living space is smaller than the street average. You are effectively paying for a modern structure in an established location.

2. What does the below-average land area mean for me?
The lot is smaller than most in Fraipont. This typically translates to less outdoor maintenance and a more compact yard, which can be a positive for those seeking simplicity. However, it may limit options for future expansions like large decks or additions.

3. The sold price history shows a range. What factors determine the exact price?
The exact final sold price can be influenced by conditions of the sale, included fixtures or appliances, and specific buyer-seller negotiations. The provided range is based on public records, and the precise figure requires a manual lookup from official data.

4. How does the basement factor into the living space?
The listing notes a basement exists but is not renovated. This 1,327 sqft living area refers to finished, above-ground space. The basement presents potential for future expansion or utility storage but is not currently counted as living area.

5. The home is new, but how does Fraipont as a neighbourhood compare?
The home’s modern features contrast with the neighbourhood’s overall metrics, where homes are typically older and larger. This means you get a contemporary house within a community that likely has mature landscaping and established amenities, offering a blend of new and settled.