328 Crestmont Drive

Fraipont, Winnipeg

83.2

Excellent

Overall 83.2

Newer than most nearby homes

1,527 sqft (bottom 41%)

Built in 2023 (3 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

3 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 Area1,527 sqft79Good
Year Built2023100Excellent
Lot Size3,622 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
1,527 sqft
0255075100
Same streetBottom 37%Same areaBottom 41%CitywideTop 29%
Same street · Crestmont Drive
#103 / 163
Bottom 37% · Avg 1,629 sqft
Same area · Fraipont
#664 / 1,128
Bottom 41% · Avg 1,668 sqft
Citywide · Winnipeg
#56,234 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
515k
0255075100
Same streetTop 20%Same areaTop 30%CitywideTop 17%
Same street · Crestmont Drive
#33 / 163
Top 20% · Avg 465.6k
Same area · Fraipont
#338 / 1,128
Top 30% · Avg 501.8k
Citywide · Winnipeg
#33,907 / 194,458
Top 17% · Avg 390.1k

Year Built

Elite
2023
0255075100
Same streetTop 21%Same areaTop 13%CitywideTop 1%

Lot Size

around average
3,622 sqft
0255075100
Same streetBottom 10%Same areaBottom 30%CitywideBottom 21%

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

328 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 379 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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 328 Crestmont Drive.

🗑️

Garbage

tuesday

♻️

Recycling

tuesday

🍂

Yard Waste

tuesday b

Sales History

Sold 2/2023CA$450k–500k
Sold price

Same street

Top 38%

Same area

Top 48%

City-wide

Top 20%

Related homes

Highlights & common questions: 328 Crestmont Drive, Winnipeg

Property Overview: 328 Crestmont Drive, Fraipont

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2023, offers modern living in a well-established neighbourhood. Its key appeal lies in its balance of being a newer construction within a mature area, providing contemporary comforts without the typical wait and uncertainty of a brand-new subdivision. With 1,527 sqft of living space and a renovated basement, the home offers practical, move-in-ready space.

The property stands out for its above-average assessed value relative to its immediate street and the wider city, suggesting a solid investment in a desirable location. However, the lot size is more compact compared to many city homes, which translates to lower exterior maintenance. This home would ideally suit first-time buyers or young families seeking a modern, low-maintenance property without sacrificing interior space, or downsizers looking for a newer build with a manageable yard. A thoughtful perspective is that while the lot is smaller on paper, this often fosters a stronger sense of community in newer infill developments and allows more time to enjoy the home's interior and neighbourhood rather than its upkeep.

Section 2: Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home was last sold in February 2023 for an estimated $45.5k to $48.5k. Its current assessed value of $51.50k is higher, which can indicate rising market values in the area or improvements made to the property.

2. Is the living space larger or smaller than nearby homes?
At 1,527 sqft, it is slightly below the average for both Crestmont Drive and the Fraipont area, but it remains above the average living area for the entire city. This indicates a comfortable size that is typical for its immediate neighbourhood.

3. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the details. This would require clarification from the seller or a viewing to understand the finish, layout, and potential for additional living space.

4. How does the lot size impact the property?
The lot is 3,622 sqft, which is smaller than many lots in Winnipeg. This means a smaller yard for gardening or play, but also significantly less maintenance. It's a trade-off that prioritizes the home itself and ease of upkeep.

5. Are there other similar homes nearby?
Yes. The data shows several nearby properties on Crestmont Drive built around the same time (2022-2023) with very similar living areas and assessed values, indicating this is a consistent and modern segment of the neighbourhood.

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