80.3
Excellent
Property score
80.3
Excellent
Overall 80.3
Smaller but newer than most nearby homes
1,386 sqft (bottom 10%)
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
17% 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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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
315 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 429 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%
Local garbage, recycling, and yard waste pickup schedule for 315 Crestmont Drive.
Garbage
tuesday
Recycling
tuesday
Yard Waste
tuesday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 37% | Bottom 29% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
315 Crestmont Drive is a modern two-storey home in Winnipeg's Fraipont neighbourhood, built in 2024. Its key appeal lies in its exceptional newness within a well-established city context. With 1,386 sqft of living space, an attached garage, and a standard basement awaiting personalization, it represents a turn-key opportunity in a newer community.
Key Characteristics & Ideal Buyer
This home’s most defining characteristic is its age—it is among the newest homes not just on its street, but city-wide, ranking in the top 1%. This translates to modern building standards, minimal immediate maintenance, and full warranty coverage. The living space is compact compared to immediate neighbours but is average for Winnipeg overall, suggesting an efficient, modern floor plan. The assessed value is modest for the Fraipont area, indicating a potentially accessible entry point into a newer community.
Its appeal is for the practical, forward-thinking buyer. It perfectly suits a first-time homebuyer or a downsizer seeking a low-maintenance, modern property without the premium often attached to brand-new detached homes. The unrenovated basement is a blank canvas, appealing to those who want to customize space over time. A less obvious perspective is its statistical rarity: owning one of the newest homes in a city where the average house was built in 1966 offers a unique long-term depreciation advantage and contemporary energy efficiency from the outset.
Frequently Asked Questions
1. Is the price competitive for the area?
Yes. The home’s assessed value is below the average for both Crestmont Drive and the wider Fraipont neighbourhood, while being a significantly newer construction. This suggests a value proposition based on modern amenities at a competitive price point for the community.
2. What does "below average" living area mean for daily life?
At 1,386 sqft, the home has less space than most on its street. This points to an efficient, likely open-concept design suitable for smaller households. It’s a trade-off: you gain a newer building but with a more compact footprint than older, larger homes nearby.
3. What can I expect with an unrenovated basement?
The basement is complete but unfinished. It has essential structural and utility elements in place (like plumbing, electrical rough-ins, and foundation), but the walls, floors, and ceilings are not finished. This allows you to customize the space to your needs and budget.
4. How does the land size affect the property?
The lot is just under 3,700 sqft, which is typical for newer subdivisions. It provides adequate outdoor space for a patio or garden but is smaller than the city-wide average. This means less yard maintenance, aligning with a low-maintenance lifestyle.
5. Why is the year built such a standout feature?
Built in 2024, this home is newer than 99% of properties in Winnipeg. This is a major advantage, encompassing modern building codes, energy efficiency, contemporary layouts, and the full benefit of builder warranties, which are rare in the broader market.
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