329 Crestmont Drive

Fraipont, Winnipeg

Property score

81.7

Excellent

Overall 81.7 · Smaller but newer than most nearby homes

1,437 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 Area1,437 sqft75Good
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

around average
1,437 sqft
0255075100
Same streetBottom 9%Same areaBottom 19%CitywideTop 34%
Same street · Crestmont Drive
#148 / 163
Bottom 9% · Avg 1,629 sqft
Same area · Fraipont
#913 / 1,128
Bottom 19% · Avg 1,668 sqft
Citywide · Winnipeg
#65,916 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

around average
405k
0255075100
Same streetBottom 18%Same areaBottom 6%CitywideTop 37%
Same street · Crestmont Drive
#133 / 163
Bottom 18% · Avg 465.6k
Same area · Fraipont
#1,058 / 1,128
Bottom 6% · Avg 501.8k
Citywide · Winnipeg
#72,157 / 194,458
Top 37% · 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

329 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 436 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 3/2024CA$400k–450k
Sold price

Same street

Bottom 34%

Same area

Bottom 28%

City-wide

Top 30%

Related homes

Highlights & common questions: 329 Crestmont Drive, Winnipeg

Property Overview: 329 Crestmont Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home at 329 Crestmont Drive in the Fraipont neighbourhood is a modern property, built just two years ago in 2024. Its key appeal lies in its new construction, offering move-in readiness and the benefits of contemporary building standards without the wait of a new build. With 1,437 sqft of living space, three bedrooms, and an attached garage, it provides a practical layout for everyday living.

The home’s primary advantage is its relative value within a newer development. While its living space and assessed value are below the current average for its immediate street and neighbourhood, this is balanced by its exceptional newness—it ranks in the top 1% for year built compared to homes across Winnipeg. This positions it as a modern, low-maintenance option in a community of similar-aged homes. The lot size is standard for the area, offering manageable outdoor space.

This property would suit first-time buyers or small families seeking a modern home in a developing community, who prioritize contemporary features over maximum square footage. It’s also a sensible choice for value-conscious buyers looking for a newer build that may have lower immediate repair costs compared to older city-wide averages.

Section 2: Frequently Asked Questions

1. Is this a good value for the money?
Based on available data, the home’s assessed value is below the current average for both Crestmont Drive and the wider Fraipont area. This, combined with its very recent build date, suggests it may offer a competitive entry point into a modern neighbourhood.

2. What does the "below average" ranking for living space mean?
The home’s living area is smaller than many current listings on its street and in Fraipont. However, it is close to the city-wide average. This indicates the home is compact and efficient, typical of newer designs, but may have less space than some older, larger homes in the city.

3. How does the new build date affect things?
A 2024 build is a significant advantage. It typically means modern insulation, wiring, plumbing, and appliances, leading to better energy efficiency and potentially lower maintenance costs in the short to medium term compared to the Winnipeg average home built in 1966.

4. What is the neighbourhood like?
Fraipont appears to be a newer development, as suggested by the very recent build years of this home and its immediate neighbours (e.g., 333 and 357 Crestmont Drive were built in 2023). Buyers can expect a community with modern infrastructure and homes of a similar age.

5. Why is the city-wide assessed value comparison so different?
The "around average" city-wide comparison can be misleading because it includes all home ages across Winnipeg. The average assessed value for the city is based on homes with an average build year of 1966. This home’s value is modern and located in a specific newer subdivision, making direct comparison to the broad city average less relevant.

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