333 Crestmont Drive

Fraipont, Winnipeg

Property score

83.2

Excellent

Overall 83.2 · Newer than most nearby homes

1,536 sqft (bottom 42%) · 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 Area79
1,536 sqftGood
Year Built100
2023Excellent
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
1,536 sqft
0255075100
Same streetBottom 41%Same areaBottom 42%CitywideTop 28%
Same street · Crestmont Drive
#96 / 163
Bottom 41% · Avg 1,629 sqft
Same area · Fraipont
#652 / 1,128
Bottom 42% · Avg 1,668 sqft
Citywide · Winnipeg
#55,216 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

around average
416k
0255075100
Same streetBottom 33%Same areaBottom 11%CitywideTop 35%
Same street · Crestmont Drive
#110 / 163
Bottom 33% · Avg 465.6k
Same area · Fraipont
#1,005 / 1,128
Bottom 11% · Avg 501.8k
Citywide · Winnipeg
#67,384 / 194,458
Top 35% · Avg 390.1k

Year Built

Elite
2023
0255075100
Same streetTop 21%Same areaTop 13%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

333 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 438 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 10/2023CA$400k–450k
Sold price

Same street

Bottom 48%

Same area

Bottom 39%

City-wide

Top 25%

Related homes

Highlights & common questions: 333 Crestmont Drive, Winnipeg

Property Overview: 333 Crestmont Drive, Fraipont

Section 1: Key Characteristics & Appeal

This is a modern, two-storey home built in 2023, offering the appeal of a nearly new build with minimal initial maintenance. Its key characteristic is balance: at 1,536 sqft, the living space is comfortably above the city-wide average, providing ample room for a growing household or home office, while remaining manageable in size. The home sits on a standard suburban lot with an attached garage.

The primary appeal lies in its modern construction within an established neighbourhood. Buyers gain the benefits of contemporary building standards, energy efficiency, and modern layouts without having to venture to the outer edges of new development. The property’s assessed value is notably below the Fraipont area average, which could indicate a relative value opportunity within this specific community.

This home would suit first-time buyers or young families looking for a turnkey property in a settled area. It’s also a practical choice for those who prefer newer mechanical systems and insulation but don’t want the larger lot sizes and upkeep that often come with older homes. A less obvious perspective is its potential for a buyer who values community continuity; being on a street with many similarly aged homes suggests a cohort of neighbours who likely moved in around the same time, which can foster a strong sense of community.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to others?
The living area is above average for Winnipeg overall but is typical for both Crestmont Drive and the Fraipont neighbourhood. It offers solid space without being among the largest homes in the immediate area.

2. Is the assessed value a good indicator of the market price?
The assessed value is a municipal calculation for tax purposes, not a market appraisal. It’s interesting to note that this home’s assessment is below the Fraipont average, which may be due to specific lot characteristics or interior finishes. A professional market evaluation is essential for pricing.

3. What does the sale history tell us?
The home last sold in late 2023. The provided price range gives a recent benchmark, but for the exact sale price to understand appreciation or market movement, you must request the detailed history from the site.

4. What are the trade-offs of a newer home on a smaller lot?
The 2023 build date means modern amenities and fewer immediate repairs. The trade-off is a land area that is below the city-wide average. This means lower outdoor maintenance but less private yard space compared to many older Winnipeg homes.

5. Are the nearby similar homes a good sign?
The direct neighbours on Crestmont Drive are homes of very similar age and style, creating a cohesive streetscape. The "For Reference" properties (357 Crestmont, 10 Twintree Way) show that similar, recently built homes exist in Fraipont, providing relevant comparables for valuation.