341 Crestmont Drive

Fraipont, Winnipeg

Property score

83.2

Excellent

Overall 83.2 · Newer than most nearby homes

1,534 sqft (bottom 42%) · 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

8% 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 Area79
1,534 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

above average
1,534 sqft
0255075100
Same streetBottom 40%Same areaBottom 42%CitywideTop 29%
Same street · Crestmont Drive
#97 / 163
Bottom 40% · Avg 1,629 sqft
Same area · Fraipont
#653 / 1,128
Bottom 42% · Avg 1,668 sqft
Citywide · Winnipeg
#55,521 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
412k
0255075100
Same streetBottom 29%Same areaBottom 10%CitywideTop 35%
Same street · Crestmont Drive
#115 / 163
Bottom 29% · Avg 465.6k
Same area · Fraipont
#1,019 / 1,128
Bottom 10% · Avg 501.8k
Citywide · Winnipeg
#69,027 / 194,458
Top 35% · 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

341 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 444 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 40%

Same area

Bottom 31%

City-wide

Top 29%

Related homes

Highlights & common questions: 341 Crestmont Drive, Winnipeg

Property Overview: 341 Crestmont Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fraipont is a modern property, built just two years ago in 2024. With 1,534 sqft of living space and an attached garage, it represents a relatively new construction in a neighbourhood where the average home is decades older. Its primary appeal lies in its age and condition; it’s essentially a move-in-ready home in a settled area, likely requiring minimal immediate maintenance or updates compared to much of the city's housing stock.

The home suits buyers seeking modern amenities without venturing into brand-new subdivisions. It’s a practical choice for young professionals, couples, or small families who value a newer build but want to be part of an established community. A thoughtful perspective is its positioning: while its living space is above average citywide, it sits around the median for its immediate street and neighbourhood. This suggests it offers solid space without being oversized, potentially aligning with a desire for easier upkeep. Notably, its assessed value is below the local averages for Crestmont Drive and Fraipont, which could indicate a perceived value opportunity or be related to specific lot or finishing details.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 1,534 sqft, the living area is very close to the average for both Crestmont Drive (~1,629 sqft) and the wider Fraipont area (~1,668 sqft). Citywide, however, it is above the average home size, offering more space than many older Winnipeg properties.

2. Is the assessed value typical for the area?
The assessed value of $41.20k is below the current average for both the street and Fraipont. This may reflect its specific lot size, which is slightly smaller than area averages, or other assessment factors. It’s advisable to review recent sold prices of comparable homes for a clearer market picture.

3. What does the "Elite" ranking for Year Built mean?
This indicates the home is among the newest 1% of properties when compared to homes on its street, in Fraipont, and across the entire city. It highlights that this is a rare, recent construction in a mature neighbourhood.

4. What is the lot size like?
The land area is 3,691 sqft, which is around average for the immediate area but below the citywide average. This is typical for newer infill properties in established neighbourhoods and often translates to less yard maintenance.

5. Where can I find exact historical sold prices?
The provided sold price ranges are based on public data. To obtain the exact sold price history, you can request it via email from the listing source. They provide this detail manually and state they do not use email addresses for unsolicited marketing.