327 Crestmont Drive

Fraipont, Winnipeg

Property score

83.2

Excellent

Overall 83.2 · Newer than most nearby homes

1,539 sqft (bottom 42%) · 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

Near average

8% 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

83.2 is composed by the two sections below.

Property Score

78.6Good
Living Area79
1,539 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

above average
1,539 sqft
0255075100
Same streetBottom 42%Same areaBottom 42%CitywideTop 28%
Same street · Crestmont Drive
#94 / 163
Bottom 42% · Avg 1,629 sqft
Same area · Fraipont
#650 / 1,128
Bottom 42% · Avg 1,668 sqft
Citywide · Winnipeg
#54,969 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

around average
413k
0255075100
Same streetBottom 30%Same areaBottom 10%CitywideTop 35%
Same street · Crestmont Drive
#114 / 163
Bottom 30% · Avg 465.6k
Same area · Fraipont
#1,015 / 1,128
Bottom 10% · Avg 501.8k
Citywide · Winnipeg
#68,621 / 194,458
Top 35% · 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

327 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 434 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 40%

Same area

Bottom 30%

City-wide

Top 30%

Related homes

Highlights & common questions: 327 Crestmont Drive, Winnipeg

Property Summary: 327 Crestmont Drive, Fraipont, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2024, is one of the newest properties in its immediate area and across the wider city. Its primary appeal lies in its modern construction, offering buyers a move-in-ready home with the benefits of contemporary building standards and minimal initial maintenance. With 1,539 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 when compared to homes on its street, in Fraipont, and citywide. This is a significant advantage in a market where many homes are decades older. Its living space is above average for Winnipeg overall, though it is more typical for the newer Fraipont neighbourhood. The lot size is modest, especially by city-wide standards, which translates to less yard upkeep.

This property would suit a buyer looking for a modern, low-maintenance home in a developing area, who prioritizes interior space and new infrastructure over a large yard. It’s also a sensible choice for those wary of the hidden costs and renovation projects often associated with older homes. A thoughtful perspective is that while the assessed value is currently below the neighbourhood average, the home’s newness could position it well for long-term stability as the area matures.

Section 2: Frequently Asked Questions

1. Is this home in a new subdivision?
Yes, the home was built in 2024 and is located on a street with many other recently built properties, indicating Fraipont is a newer, developing neighbourhood.

2. How does the lot size compare?
The land area is 3,691 sqft, which is slightly below average for Crestmont Drive and Fraipont, and notably smaller than the typical Winnipeg lot. This means less outdoor maintenance but also more limited private outdoor space.

3. What does the "unrenovated basement" mean?
The listing notes the basement exists but is "not renovated." This typically means it is a blank canvas—finished with basic walls and flooring but without customized rooms or fixtures—allowing the new owner to finish it to their taste.

4. How does the assessed value relate to the recent sale price?
The home was sold in April 2024 for between $395,000 and $425,000. Its current assessed value is $413,000, which aligns closely with that sale price, suggesting the assessment is up-to-date and market-based.

5. Are there many other similar, new homes nearby?
Yes. The listing shows several nearby homes on Crestmont Drive with nearly identical specs, built in 2023 or 2024. This creates a consistent, modern streetscape but also means direct comparables are readily available for valuation.