337 Crestmont Drive

Fraipont, Winnipeg

Property score

81.7

Excellent

Overall 81.7 · Smaller but newer than most nearby homes

1,405 sqft (bottom 15%) · Built in 2024 (4 yrs newer than avg)

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

Transit 52.0 · 5-min walk to transit with 1 nearby route · Within 500m: 1 park nearby

Living Area

Below average

16% 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
1,405 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
1,405 sqft
0255075100
Same streetBottom 4%Same areaBottom 15%CitywideTop 35%
Same street · Crestmont Drive
#156 / 163
Bottom 4% · Avg 1,629 sqft
Same area · Fraipont
#960 / 1,128
Bottom 15% · Avg 1,668 sqft
Citywide · Winnipeg
#68,674 / 194,458
Top 35% · Avg 1,342 sqft

Tax-Assessed Value

around average
397k
0255075100
Same streetBottom 7%Same areaBottom 2%CitywideTop 39%
Same street · Crestmont Drive
#151 / 163
Bottom 7% · Avg 465.6k
Same area · Fraipont
#1,100 / 1,128
Bottom 2% · Avg 501.8k
Citywide · Winnipeg
#75,998 / 194,458
Top 39% · 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

337 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 440 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 2/2024CA$400k–450k
Sold price

Same street

Bottom 34%

Same area

Bottom 28%

City-wide

Top 30%

Related homes

Highlights & common questions: 337 Crestmont Drive, Winnipeg

Property Overview: 337 Crestmont Drive, Winnipeg

Key Characteristics & Appeal

This two-storey home at 337 Crestmont Drive is a notably modern property in the Fraipont neighbourhood, built just two years ago in 2024. Its primary appeal lies in its new construction status, offering the benefits of a contemporary build with modern systems and minimal immediate maintenance. With 1,405 sqft of living space, three bedrooms, and an attached garage, it provides a practical layout for everyday living.

The home’s standout characteristic is its age; it ranks in the top 1% for year built both on its street and within the wider city, making it a rarity among predominantly older housing stock. However, the property presents a nuanced value proposition. Its living area and assessed value are below average for its immediate street and neighbourhood, suggesting a more compact or modestly finished home compared to nearby peers. This creates an opportunity for buyers seeking a newer build at a potentially more accessible price point than larger, renovated homes in the area. The lot size is average for the local area but smaller than the city-wide norm.

This property would suit first-time buyers or downsizers who prioritize modern construction and move-in readiness over square footage. It’s also a pragmatic choice for those comfortable with a home that may offer less space or premium finishes than some neighbours, in exchange for the long-term advantages and energy efficiency of a new build.

Frequently Asked Questions

1. Is this a good value for the area?
The value is relative to your priorities. The assessed value is below the neighbourhood average, which can indicate good value for a newer home. However, the living space is also smaller than many comparable homes on Crestmont Drive, so value here is tied more to the modern build than to square footage.

2. What does the "below average" ranking for living area mean practically?
It means this home has less interior space than most similar properties on its street and in Fraipont. For a young family or someone who needs ample room, it may feel compact. For a smaller household, the efficient use of space in a new build could be perfectly adequate.

3. Why is the assessed value so much lower city-wide than the neighbourhood average?
The city-wide comparison includes all types of homes across Winnipeg, many in older, established areas with different market dynamics. The more relevant comparisons are the "Same street" and "Same area" metrics, which show the home is assessed consistently lower than its direct peers in Fraipont.

4. What are the likely benefits of a 2024 build?
You can expect newer construction materials, modern building codes, contemporary electrical and plumbing systems, and likely better energy efficiency. This typically translates to lower immediate repair costs and potentially reduced utility bills compared to an older home.

5. The sold price history shows a range. What sold for that price?
The listed sold price range from February 2024 is for this specific property, 337 Crestmont Drive. The range is based on public data, and the exact sale price can be provided upon request to ensure accuracy, as noted on the detail page.