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.
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)
764
515k
$359/sqft
2020
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80.3 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111207
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
297 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 425 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 47% | Bottom 36% | Top 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
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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