295 Crestmont Drive

Fraipont, Winnipeg

Property score

81.7

Excellent

Overall 81.7 · Smaller but newer than most nearby homes

1,412 sqft (bottom 15%) · Built in 2023 (3 yrs newer than avg)

Located in a high-income area with median household income of ~120k

Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 1 park nearby

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Above average

3 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

81.7 is composed by the two sections below.

Property Score

76.2Good
Living Area1,412 sqft75Good
Year Built2023100Excellent
Lot Size3,690 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

around average
1,412 sqft
0255075100
Same streetBottom 6%Same areaBottom 15%CitywideTop 35%
Same street · Crestmont Drive
#154 / 163
Bottom 6% · Avg 1,629 sqft
Same area · Fraipont
#956 / 1,128
Bottom 15% · Avg 1,668 sqft
Citywide · Winnipeg
#67,939 / 194,458
Top 35% · Avg 1,342 sqft

Tax-Assessed Value

around average
397k
0255075100
Same streetBottom 7%Same areaBottom 2%CitywideTop 39%
Same street · Crestmont Drive
#151 / 163
Bottom 7% · Avg 465.6k
Same area · Fraipont
#1,100 / 1,128
Bottom 2% · Avg 501.8k
Citywide · Winnipeg
#75,998 / 194,458
Top 39% · Avg 390.1k

Year Built

Elite
2023
0255075100
Same streetTop 21%Same areaTop 13%CitywideTop 1%

Lot Size

around average
3,690 sqft
0255075100
Same streetBottom 46%Same areaBottom 39%CitywideBottom 22%

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

295 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 424 m).

Search radius
🌳Parks1

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 12/2023CA$400k–450k
Sold price

Same street

Bottom 28%

Same area

Bottom 24%

City-wide

Top 32%

Related homes

Highlights & common questions: 295 Crestmont Drive, Winnipeg

Property Overview: 295 Crestmont Drive, Winnipeg

Key Characteristics & Appeal

This is a modern, two-storey home built in 2023, offering the primary appeal of a nearly new property with minimal maintenance concerns. Its key characteristics include 1,412 sqft of living space, an attached garage, and a full (unrenovated) basement. The lot is a manageable 3,690 sqft.

The home’s appeal lies in its balance. It’s a contemporary build in a neighbourhood of similar new homes, providing modern layouts and systems. However, its living space and assessed value are notably below the current averages for both its immediate street and the Fraipont area, which could represent a value opportunity for a buyer comfortable with a more compact footprint. It would suit first-time buyers or downsizers seeking a modern, low-maintenance home without a premium price tag, or an investor looking for a newer property in a developing community. A thoughtful perspective is that while the home is new city-wide, it’s already among the older homes on its own street, indicating a rapidly built-up area.


Frequently Asked Questions

1. Is this a good value compared to neighbours?
Based on assessed value and living area, this home ranks below the average for both Crestmont Drive and the wider Fraipont area. This suggests it may be priced more accessibly than neighbouring homes, though condition and specific finishes will be the final determinant.

2. What does the "below average" ranking for size mean practically?
With 1,412 sqft, the home is smaller than most on its street (ranking 154 out of 163). This indicates efficient use of space and likely lower utility costs, but may mean tighter living quarters compared to direct neighbours.

3. The home is new, but what about the neighbourhood?
The home itself is a 2023 build, placing it in the top 1% city-wide for age. On Crestmont Drive, however, the average home was built in 2022, so the entire street is a very recent development, offering neighbourhood consistency but no established maturity.

4. What is the potential of the basement?
The listing confirms a full basement that is "not renovated." This represents a blank canvas for future expansion, adding potential living or storage space, but requires investment.

5. How does the lot size impact the property?
The 3,690 sqft lot is average for the street but below the city-wide average. This means lower outdoor maintenance, but also limited space for extensive landscaping, additions, or privacy.

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