343 Crestmont Drive

Fraipont, Winnipeg

Property score

83.2

Excellent

Overall 83.2 · Newer than most nearby homes

1,539 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
1,539 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
1,539 sqft
0255075100
Same streetBottom 42%Same areaBottom 42%CitywideTop 28%
Same street · Crestmont Drive
#94 / 163
Bottom 42% · Avg 1,629 sqft
Same area · Fraipont
#650 / 1,128
Bottom 42% · Avg 1,668 sqft
Citywide · Winnipeg
#54,969 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

around average
415k
0255075100
Same streetBottom 32%Same areaBottom 11%CitywideTop 35%
Same street · Crestmont Drive
#111 / 163
Bottom 32% · Avg 465.6k
Same area · Fraipont
#1,007 / 1,128
Bottom 11% · Avg 501.8k
Citywide · Winnipeg
#67,796 / 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

343 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 446 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 4/2024CA$400k–450k
Sold price

Same street

Bottom 35%

Same area

Bottom 28%

City-wide

Top 30%

Related homes

Highlights & common questions: 343 Crestmont Drive, Winnipeg

Property Overview: 343 Crestmont Drive, Fraipont

Key Characteristics & Appeal

This two-storey home at 343 Crestmont Drive is a modern property in a neighbourhood of newer builds. Its primary appeal lies in its contemporary construction, having been built just two years ago in 2024, which places it among the newest homes in Fraipont and citywide. With 1,539 sqft of living space, it offers above-average roominess for Winnipeg overall, while fitting the typical scale of the immediate Crestmont Drive area. The home features an attached garage and a basement (not renovated), situated on a standard-sized urban lot.

The property suits buyers seeking a move-in ready, low-maintenance home without the concerns or update costs often associated with older properties. It represents a balanced option: newer than most of the market, yet priced at an assessed value that is around average for the city. This makes it a practical choice for professionals, small families, or anyone who values modern building standards and prefers to avoid immediate major renovations. A thoughtful perspective is that while the lot size is smaller than the city average, this often translates to less yard upkeep, aligning with a modern, efficient lifestyle. The data shows nearby, similarly aged homes have sold recently, indicating an active and stable demand for this type of property in the area.

Frequently Asked Questions

1. Is this a brand-new home?
No. The home was built in 2024, so it is nearly new but not a brand-new construction. It will likely still carry the benefits of modern building codes and warranties, without being a pre-construction purchase.

2. How does the assessed value relate to the likely selling price?
The assessed value of $41,500 is for municipal tax purposes. The recent sold price range for a nearly identical neighbour (333 Crestmont) was $39,500–$42,500, suggesting the assessed value is a reasonable ballpark figure, but the final market price will be determined by current conditions.

3. What does "basement, not renovated" mean?
It indicates the home has a basement, but it is in a basic, unfinished state. This presents both a project and an opportunity—it adds functional space for storage or utilities now, and offers the potential to add significant living area in the future to suit your needs.

4. The home ranks "below average" for assessed value in Fraipont. Is that a concern?
This specific ranking reflects that its assessed value is lower than many homes in the wider Fraipont area. Given that it's one of the newest homes, this isn't necessarily negative. It can indicate a relatively lower property tax burden compared to other homes in the district, while still being in a desirable, modern neighbourhood.

5. Are there comparable homes nearby?
Yes. The listings for 333 and 357 Crestmont Drive are highlighted as worth viewing. They are nearly identical in age, size, and value, confirming this is a consistent and established street for this type of modern, mid-sized home.