325 Crestmont Drive

Fraipont, Winnipeg

Property score

81.7

Excellent

Overall 81.7 · Smaller but newer than most nearby homes

1,442 sqft (bottom 19%) · Built in 2024 (4 yrs newer than avg)

Located in a high-income area with median household income of ~120k

Transit 62.0 · 5-min walk to transit with 1 nearby route · Within 500m: 1 park nearby

Living Area

Below average

14% 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

81.7 is composed by the two sections below.

Property Score

76.2Good
Living Area75
1,442 sqftGood
Year Built100
2024Excellent
Lot Size46
3,691 sqftLow
Neighbourhood Sales Activity86
Excellent

Community Score

90.0Excellent
Household Income91
Excellent
Education Level91
Excellent
Housing Stress63
Fair
Core Housing Need100
Excellent
Employment Health100
Excellent

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

around average
1,442 sqft
0255075100
Same streetBottom 10%Same areaBottom 19%CitywideTop 34%
Same street · Crestmont Drive
#147 / 163
Bottom 10% · Avg 1,629 sqft
Same area · Fraipont
#910 / 1,128
Bottom 19% · Avg 1,668 sqft
Citywide · Winnipeg
#65,368 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

around average
426k
0255075100
Same streetBottom 34%Same areaBottom 16%CitywideTop 33%
Same street · Crestmont Drive
#107 / 163
Bottom 34% · Avg 465.6k
Same area · Fraipont
#949 / 1,128
Bottom 16% · Avg 501.8k
Citywide · Winnipeg
#63,603 / 194,458
Top 33% · 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

325 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 433 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 5/2024CA$400k–450k
Sold price

Same street

Bottom 49%

Same area

Bottom 40%

City-wide

Top 24%

Related homes

Highlights & common questions: 325 Crestmont Drive, Winnipeg

Property Overview: 325 Crestmont Drive

Key Characteristics & Appeal

This is a modern, two-storey home built in 2024, offering a move-in-ready opportunity in Winnipeg's Fraipont neighbourhood. Its key characteristic is its new construction, placing it in the top 1% of homes for age both locally and citywide. The 1,442 sqft living space is efficiently designed, coming in slightly below the average for its immediate street but aligning closely with the typical Winnipeg home. It features a renovated basement and an attached garage.

The primary appeal lies in acquiring a nearly new property, which typically means lower immediate maintenance costs and modern building standards. It suits first-time buyers or young families looking for a contemporary home without the wait of a build, and practical buyers who value modern efficiency over expansive square footage. A thoughtful perspective is that while the lot size is modest citywide, it is average for the area, suggesting a low-maintenance yard that aligns with a modern, busy lifestyle. The property’s assessed value is positioned solidly in the middle range for the street, indicating it is priced consistently within this newer development, offering stability rather than standing out as an outlier.

Frequently Asked Questions

1. How does the living space compare to nearby homes?
At 1,442 sqft, the home is slightly more compact than the average on Crestmont Drive, but it is very close to the citywide average for living area. This suggests a efficient, modern floor plan.

2. What are the benefits of such a new build?
A 2024 construction date means major components like roofing, HVAC, and appliances are under warranty and built to recent codes. This can translate to significant savings on repairs and updates in the first decade.

3. Is the assessed value a reliable indicator of the selling price?
The last sold price (2024) and current assessed value are closely aligned, showing stability. In a newer, homogeneous area like this, assessments often track closely with market values, but a professional appraisal is always recommended.

4. How does the lot size impact the property?
The lot is 3,691 sqft, which is below the city average but typical for Fraipont. This means less yard maintenance, which many buyers see as a benefit, but may not suit those seeking extensive outdoor space.

5. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but the specific finish and layout are not detailed. This should be verified during a viewing to understand if it's a finished living space, a recreational room, or has a separate entrance.