309 Crestmont Drive

Fraipont, Winnipeg

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)

Sold Count

764

Median price

515k

$/sqft

$359/sqft

Avg build year

2020

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Property score

83.2 is composed by the two sections below.

Property Score

78.6Good
Living Area1,520 sqft79Good
Year Built2024100Excellent
Lot Size3,691 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

above average
1,520 sqft
0255075100
Same streetBottom 32%Same areaBottom 39%CitywideTop 29%
Same street · Crestmont Drive
#111 / 163
Bottom 32% · Avg 1,629 sqft
Same area · Fraipont
#684 / 1,128
Bottom 39% · Avg 1,668 sqft
Citywide · Winnipeg
#56,913 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
408k
0255075100
Same streetBottom 25%Same areaBottom 8%CitywideTop 36%
Same street · Crestmont Drive
#123 / 163
Bottom 25% · Avg 465.6k
Same area · Fraipont
#1,038 / 1,128
Bottom 8% · Avg 501.8k
Citywide · Winnipeg
#70,801 / 194,458
Top 36% · Avg 390.1k

Year Built

Elite
2024
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 1%

Lot Size

around average
3,691 sqft
0255075100
Same streetTop 46%Same areaBottom 40%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

309 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 427 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 4/2024CA$400k–450k
Sold price

Same street

Bottom 26%

Same area

Bottom 22%

City-wide

Top 33%

Related homes

Highlights & common questions: 309 Crestmont Drive, Winnipeg

Property Overview: 309 Crestmont Drive, Fraipont

Key Characteristics & Appeal

This two-storey home at 309 Crestmont Drive is a notably modern property in a neighborhood of newer builds. Constructed just two years ago in 2024, its age is a standout feature, ranking in the top 1% compared to homes both on its street and across Winnipeg. The 1,520 sqft living space is above average for the city overall, offering comfortable room for a growing household or home office needs, while the attached garage adds practical convenience.

The primary appeal lies in acquiring a like-new home without the wait of a build, situated on a quiet street with many similarly aged properties. It suits first-time buyers or young families looking for a modern, low-maintenance foundation in a cohesive community. A thoughtful perspective is its assessed value, which is currently below the average for its immediate area. This could indicate a value opportunity in a sought-after newer neighborhood, or it may reflect specific lot characteristics or finishes. The lot size, while typical for Fraipont, is below the citywide average, suggesting outdoor space is adequate but not expansive—ideal for those preferring less yard upkeep.

Frequently Asked Questions

1. Is this a good value compared to the neighborhood?
The home’s assessed value is below the current average for both Crestmont Drive and the wider Fraipont area, while the property itself is newer than most. This discrepancy warrants a closer look to understand if it’s due to lot placement, interior specifications, or simply a lag in assessment, potentially representing a strategic buy.

2. What does the "below average" land area mean for me?
At 3,691 sqft, the lot is typical for newer Fraipont subdivisions but smaller than the Winnipeg average. This means manageable yard maintenance, but may limit possibilities for large additions, pools, or extensive landscaping compared to older city neighborhoods with larger lots.

3. How updated are the home’s systems and structure?
As a 2024 build, major components like the roof, HVAC, windows, and appliances should be under or just approaching the end of their original manufacturer warranties, offering significant peace of mind and predictable costs for the near future.

4. What are the comparable sold properties nearby?
Recent sales on the same street (e.g., 333 and 357 Crestmont Drive) are direct comparisons, being nearly identical in age, size, and style. Their sold prices from 2024 provide the most relevant benchmark for current market value.

5. Why is the exact sold price history not publicly listed?
To ensure accuracy and privacy, the precise sale price is verified manually. You can request this detailed history via email; the service is provided without obligation or marketing spam.

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