Property Overview: 307 Evelyne Reese Boulevard

This two-storey home in Winnipeg's Fraipont neighbourhood presents a modern, low-maintenance living option. Built in 2023, it offers the appeal of a nearly new construction without the premium often attached to brand-new builds. The home features 1,527 sqft of living space, an attached garage, and a full basement awaiting personalization.

Key Characteristics & Appeal

The primary appeal of this property lies in its balance of modernity and established value. As a 2023 build, it ranks in the top 1% city-wide for age, meaning major components like roofing, HVAC, and windows are under warranty and unlikely to need immediate investment. The living space is above average for Winnipeg, providing comfortable room for a small family or couple. Its assessed value is strong for both the street and the city, suggesting it holds its worth well in the broader market.

A thoughtful perspective is its positioning within the local context. On its own street and in Fraipont, the home is statistically "around average" for size and value, indicating it fits seamlessly into the area without being overbuilt or underwhelming. This can be a stability advantage. The land size, while smaller than the city average, translates to less yard work—a perk for those seeking a modern, lock-and-leave lifestyle. The unrenovated basement is a blank canvas, allowing the next owner to add value and customize without first undoing someone else's work.

This home would suit first-time buyers or downsizers looking for a turnkey, modern property without the unpredictability of an older home. It’s also a pragmatic fit for investors or owners who prioritize newer mechanical systems and minimal immediate maintenance over a larger lot.

Frequently Asked Questions

1. What is the exact sold price history?
The public records show a sold price range of $51.50k to $54.50k in September 2023. The listing service notes that obtaining the exact sale price requires a direct email request, which they provide manually without using your email for marketing.

2. How does the basement condition affect value?
The basement is noted as "not renovated." This is typically a positive for buyers wanting to finish the space to their own taste and standards, as there's no cost to remove outdated or poor-quality work. It should be factored into your budget and plans.

3. Is the lot size a concern?
At 3,575 sqft, the lot is below the city-wide average. This means smaller private outdoor space but also less maintenance. It is consistent with newer subdivisions and is actually around average for homes on Evelyne Reese Boulevard itself.

4. How does this home compare to others in Fraipont?
The data shows it's a newer-than-average home for the neighbourhood (top 13%), with a living area and assessed value that are both competitive and typical for the area. It is not an outlier, which can be reassuring for resale.

5. What are the implications of the strong city-wide rankings?
Ranking in the top 29% for size and top 24% for assessed value city-wide indicates this home holds broader market appeal beyond its immediate neighbourhood. This can be a positive signal for long-term value retention, especially paired with its elite ranking for age.