Property score
83.2
Excellent
Overall 83.2 · Newer than most nearby homes
1,520 sqft (bottom 39%) · Built in 2024 (4 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
9% smaller 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)
764
515k
$359/sqft
2020
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83.2 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
307 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 426 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 24% | Bottom 19% | Top 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 307 Crestmont Drive, Winnipeg
Key Characteristics & Appeal
This two-storey home at 307 Crestmont Drive is a notably modern property in Winnipeg’s Fraipont neighbourhood, built just two years ago in 2024. Its primary appeal lies in its new construction, offering buyers a move-in-ready home with contemporary building standards and minimal immediate maintenance concerns. With 1,520 sqft of living space and an attached garage, it provides practical, modern family living.
The home’s standout characteristic is its age; it ranks in the top 1% for being newly built compared to homes on its street, in Fraipont, and city-wide, where the average home is decades older. This is a significant advantage in a market filled with older properties. However, the data presents a nuanced value picture: its assessed value is below average for its immediate area and neighbourhood, yet it sits around the city-wide average. This suggests it may be priced accessibly within a newer, desirable subsection of the community. The lot size is typical for the street but smaller than the Winnipeg average, indicating a lower-maintenance yard suited for busy lifestyles rather than extensive gardening.
This property would best suit first-time buyers or young families seeking a modern, turn-key home in a developing area without the premium often attached to brand-new builds. It’s also a practical choice for those who prioritize newer mechanical systems and building envelopes over larger lot sizes or established, mature landscaping.
Frequently Asked Questions
1. Is this a good value for the money?
The data suggests a mixed picture. The home is newer than almost all comparable properties, which is a major value point. However, its assessed value is currently below the average for both Crestmont Drive and the wider Fraipont area. This could represent an opportunity to purchase a modern home at a competitive entry point in this community.
2. What are the potential drawbacks of a home this new?
While offering modern amenities, very new homes in developing areas sometimes lack mature trees and landscaping. The smaller-than-city-average lot size also means less private outdoor space. There may also be ongoing construction in the immediate vicinity as the area fills in.
3. How does the living space compare to nearby homes?
At 1,520 sqft, the living area is slightly below the average for both the street (1,629 sqft) and Fraipont (1,668 sqft), but it is above the Winnipeg city-wide average. This indicates the home offers solid space for a growing family, though some neighbouring properties may be slightly larger.
4. Why is the assessed value below the neighbourhood average?
This can be due to several factors, including the specific valuation model, the home’s smaller lot size relative to some neighbours, and the potential for newer homes in developing subdivisions to be assessed conservatively initially. It’s important to review recent sale prices of similar homes on the same street for a clearer market picture.
5. What is the community like?
Fraipont appears to be a newer, growing neighbourhood. The listing shows several nearby homes on Crestmont Drive with very similar build years (2023-2024), indicating a fresh, modern streetscape with likely similar demographics of new homeowners.
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