339 Crestmont Drive

Fraipont, Winnipeg

Property score

81.7

Excellent

Overall 81.7 · Newer than most nearby homes

1,498 sqft (bottom 32%) · 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

10% 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
1,498 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
1,498 sqft
0255075100
Same streetBottom 18%Same areaBottom 32%CitywideTop 31%
Same street · Crestmont Drive
#134 / 163
Bottom 18% · Avg 1,629 sqft
Same area · Fraipont
#768 / 1,128
Bottom 32% · Avg 1,668 sqft
Citywide · Winnipeg
#59,503 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

around average
409k
0255075100
Same streetBottom 28%Same areaBottom 9%CitywideTop 36%
Same street · Crestmont Drive
#118 / 163
Bottom 28% · Avg 465.6k
Same area · Fraipont
#1,030 / 1,128
Bottom 9% · Avg 501.8k
Citywide · Winnipeg
#70,353 / 194,458
Top 36% · 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

339 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 442 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 36%

Same area

Bottom 29%

City-wide

Top 30%

Related homes

Highlights & common questions: 339 Crestmont Drive, Winnipeg

Property Overview: 339 Crestmont Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, two-storey home built in 2024, offering a move-in-ready opportunity in the Fraipont neighbourhood. With 1,498 sqft of living space and an attached garage, it represents a practical, low-maintenance property. Its primary appeal lies in its new construction, which means modern building standards, energy efficiency, and freedom from major immediate repairs. The home sits on a standard-sized lot for the area (3,691 sqft), providing outdoor space without the burden of extensive landscaping.

The property’s assessed value is notably below average for both its immediate street and the Fraipont area, which could present a value proposition for a buyer. It suits first-time homeowners seeking a modern, manageable property, or investors looking for a newer build with potentially lower upkeep costs. A thoughtful perspective is that while the living space is slightly below average for the immediate vicinity, its newness is a significant counterbalance, placing it in the top 1% of homes city-wide for age. This creates a unique profile: a home that is newer than almost any other in Winnipeg, yet priced accessibly within its local market.

Section 2: Frequently Asked Questions

1. Is this a good value compared to neighbours?
The assessed value is below the average for both Crestmont Drive and the wider Fraipont area, suggesting it may be priced competitively. Recent sales of nearly identical homes on the same street (333 and 357 Crestmont) support this, as they sold in a very similar price range.

2. What does the "below average" living area ranking mean?
At 1,498 sqft, the home is slightly smaller than the average house on its street (~1,629 sqft). However, it is very close in size to recently sold neighbouring homes and is actually above the city-wide average for living space.

3. Are there any major drawbacks?
The listing notes the basement exists but is not renovated, representing a future finishing opportunity rather than immediate living space. The lot size is also below the city-wide average, which is typical for newer subdivisions but may matter to those wanting a larger yard.

4. How does the new construction benefit a buyer?
A 2024 build means all major systems (roof, HVAC, windows, appliances) are under warranty or brand new, minimizing unexpected repair costs for years. It also ensures compliance with current building codes for energy efficiency and safety.

5. What is the neighbourhood like?
Fraipont appears to be a developing or recently developed area, evidenced by the concentration of very new homes (2022-2024). This often indicates a community of newer families and a consistent, modern streetscape, but may lack the mature trees and established character of older neighbourhoods.