297 Crestmont Drive

Fraipont, Winnipeg

Property score

80.3

Excellent

Overall 80.3 · Smaller but newer than most nearby homes

1,385 sqft (bottom 9%) · 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

17% smaller than neighborhood avg.

Taon ng Paggawa

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

80.3 is composed by the two sections below.

Property Score

73.8Good
Living Area1,385 sqft71Good
Taon ng Paggawa2023100Excellent
Lupa3,690 sqft46Low
Neighbourhood Sales Activity86Excellent

Community Score

90.0Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress63Fair
Core Housing Need100Excellent
Employment Health100Excellent

Istatistika ng benta ng komunidad

Fraipont

How to read: Share of sales in each ~$50k price band for “fraipont” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

karaniwan
1,385 sqft
0255075100
Same streetBottom 1%Same areaBottom 9%CitywideTop 36%
Same street · Crestmont Drive
#162 / 163
Bottom 1% · Avg 1,629 sqft
Same area · Fraipont
#1,021 / 1,128
Bottom 9% · Avg 1,668 sqft
Citywide · Winnipeg
#70,801 / 194,458
Top 36% · Avg 1,342 sqft

Assessed Value

karaniwan
390k
0255075100
Same streetBottom 3%Same areaBottom 1%CitywideTop 41%
Same street · Crestmont Drive
#158 / 163
Bottom 3% · Avg 465.6k
Same area · Fraipont
#1,119 / 1,128
Bottom 1% · Avg 501.8k
Citywide · Winnipeg
#79,616 / 194,458
Top 41% · Avg 390.1k

Taon ng Paggawa

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

Lupa

karaniwan
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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

297 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 425 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%

Kasaysayan ng Benta

Naibenta 12/2023CA$400k–450k
Presyo ng benta

Parehong kalye

Bottom 47%

Parehong lugar

Bottom 36%

Buong lungsod

Top 26%

Related homes

Mga tampok at karaniwang tanong: 297 Crestmont Drive, Winnipeg

Property Overview: 297 Crestmont Drive

Key Characteristics & Appeal

This is a modern, two-storey home built in 2023, offering a move-in-ready opportunity in Winnipeg's Fraipont neighbourhood. Its primary appeal lies in its new construction, which means modern building standards, energy efficiency, and minimal immediate maintenance. The home features an attached garage and a full, unrenovated basement offering potential for future customization.

The property presents a nuanced value proposition. While its living space (1,385 sq ft) is notably below average for its immediate street and area, its assessed value of $390k is consistent with the wider Winnipeg market. This suggests you are paying primarily for the quality and newness of the structure itself, rather than for abundant square footage. The lot size is typical for the local area but smaller than the city-wide average, indicating a lower-maintenance yard suited for busy professionals or small families.

This home would best suit first-time buyers or downsizers seeking a modern, worry-free home in a developing area, who prioritize contemporary build quality over spaciousness. It’s a pragmatic choice for those wanting to avoid the surprises and update costs of an older home, accepting a more compact layout in exchange for newer systems and finishes.

Frequently Asked Questions

1. Is this home a good value compared to its neighbours?
The data shows a contrast. The home is newer than most on its street and in the city, but its living area is smaller than neighbouring homes. Value here is tied to the premium for a new build, not square footage.

2. What does the "unrenovated basement" mean?
It indicates the basement is finished to a basic, functional standard from the 2023 build. It's liveable space but may lack higher-end finishes, presenting a blank canvas for future personalization.

3. How does the sold price history work?
The listed sold price (e.g., ~41.50k - 44.50k in 12/2023) is an estimated range from public data. The exact sale price requires a manual request via email to ensure accuracy, as this is not a standard MLS listing.

4. The assessed value seems high for the area. Why?
While the assessed value is below average for Fraipont, it aligns with the Winnipeg average. This discrepancy highlights that assessments for brand-new homes in developing areas often reflect construction costs and modern valuations, which can outpace older surrounding properties.

5. Who might this property not suit?
Buyers who need ample indoor space or a large yard for gardening or recreation may find it limiting. Its appeal is specific to those valuing low-maintenance, modern construction over generous proportions.

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