340 Crestmont Drive

Fraipont, Winnipeg

83.2

Excellent

Overall 83.2

Newer than most nearby homes

1,524 sqft (bottom 40%)

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

Near average

9% 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

83.2 is composed by the two sections below.

Property Score

78.6Good
Living Area1,524 sqft79Good
Year Built2024100Excellent
Lot Size3,849 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
1,524 sqft
0255075100
Same streetBottom 33%Same areaBottom 40%CitywideTop 29%
Same street · Crestmont Drive
#109 / 163
Bottom 33% · Avg 1,629 sqft
Same area · Fraipont
#673 / 1,128
Bottom 40% · Avg 1,668 sqft
Citywide · Winnipeg
#56,512 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
477k
0255075100
Same streetTop 40%Same areaBottom 46%CitywideTop 24%
Same street · Crestmont Drive
#66 / 163
Top 40% · Avg 465.6k
Same area · Fraipont
#608 / 1,128
Bottom 46% · Avg 501.8k
Citywide · Winnipeg
#45,953 / 194,458
Top 24% · Avg 390.1k

Year Built

Elite
2024
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 1%

Lot Size

around average
3,849 sqft
0255075100
Same streetTop 31%Same areaBottom 47%CitywideBottom 23%

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

340 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 388 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 340 Crestmont Drive.

🗑️

Garbage

tuesday

♻️

Recycling

tuesday

🍂

Yard Waste

tuesday b

Sales History

Sold 1/2024CA$500k–550k
Sold price

Same street

Top 17%

Same area

Top 28%

City-wide

Top 13%

Related homes

Highlights & common questions: 340 Crestmont Drive, Winnipeg

Property Overview: 340 Crestmont Drive, Fraipont

Key Characteristics & Appeal

This two-storey home at 340 Crestmont Drive is a notably modern property in a neighbourhood of newer builds. Constructed in 2024, it is one of the newest homes on its street and in the wider Fraipont area, which means it likely offers contemporary layouts, building standards, and minimal immediate maintenance. With 1,524 sqft of living space, it sits comfortably around the average for its immediate area but is above the city-wide average, offering a practical amount of room without being oversized. The property includes an attached garage and a basement (unrenovated), on a standard urban lot.

The primary appeal lies in its newness and its position within a modern, developing community. Buyers will be drawn to the potential for a move-in-ready home without the concerns of aging systems or outdated design. Its assessed value is positioned solidly in the middle range for the street, suggesting it is priced consistently with its peers. This property would suit first-time buyers or young families looking for a modern, low-maintenance home in a fresh neighbourhood, as well as investors attracted to a newer asset with likely lower repair costs in the near term. A thoughtful perspective: while the lot size is smaller than the Winnipeg average, this often translates to less yard upkeep, aligning perfectly with the modern desire for efficient, lock-and-leave living.

Frequently Asked Questions

1. How does the living space compare to nearby homes?
At 1,524 sqft, this home is very close to the average for both Crestmont Drive (~1,629 sqft) and the Fraipont area (~1,668 sqft). It offers a practical size that is actually above the overall city average.

2. What does the "Elite" ranking for Year Built mean?
This indicates the home is among the newest 1% of properties when compared to its immediate street, the Fraipont area, and the entire city. It was built in 2024, making it exceptionally modern compared to Winnipeg's typical housing stock.

3. Is the assessed value high for the area?
The assessed value of $47.70k is around the average for Crestmont Drive and the Fraipont neighbourhood. It is considered above average when compared to the entire city.

4. What is the potential of the basement?
The listing confirms the basement exists but is not renovated. This presents a clear opportunity for future expansion or customization to add value and living space, subject to local permits and regulations.

5. How can I find out the exact historical sold price?
The provided sold price is a range based on public data. To obtain the exact figure, you can use the email request feature on the listing page. The service promises a manual reply by the end of the same day, with no unsolicited marketing use of your email.

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