348 Crestmont Drive

Fraipont, Winnipeg

86.8

Excellent

Overall 86.8

Larger and newer than most nearby homes

1,869 sqft (top 21%)

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

Above average

12% larger 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

86.8 is composed by the two sections below.

Property Score

84.6Excellent
Living Area1,869 sqft89Excellent
Year Built2024100Excellent
Lot Size3,622 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
1,869 sqft
0255075100
Same streetTop 13%Same areaTop 21%CitywideTop 15%
Same street · Crestmont Drive
#21 / 163
Top 13% · Avg 1,629 sqft
Same area · Fraipont
#235 / 1,128
Top 21% · Avg 1,668 sqft
Citywide · Winnipeg
#28,403 / 194,458
Top 15% · Avg 1,342 sqft

Tax-Assessed Value

above average
522k
0255075100
Same streetTop 15%Same areaTop 26%CitywideTop 16%
Same street · Crestmont Drive
#25 / 163
Top 15% · Avg 465.6k
Same area · Fraipont
#294 / 1,128
Top 26% · Avg 501.8k
Citywide · Winnipeg
#31,974 / 194,458
Top 16% · Avg 390.1k

Year Built

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

Lot Size

around average
3,622 sqft
0255075100
Same streetBottom 10%Same areaBottom 30%CitywideBottom 21%

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

348 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 396 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 348 Crestmont Drive.

🗑️

Garbage

tuesday

♻️

Recycling

tuesday

🍂

Yard Waste

tuesday b

Sales History

Sold 8/2024CA$550k–600k
Sold price

Same street

Top 14%

Same area

Top 20%

City-wide

Top 10%

Related homes

Highlights & common questions: 348 Crestmont Drive, Winnipeg

Property Overview: 348 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. Its primary appeal lies in its new construction status, offering contemporary building standards, minimal immediate maintenance, and modern layouts. With 1,869 sqft of living space, it provides above-average roominess for its street, neighbourhood, and city-wide context, ranking in the top 15-21% for size.

The home suits buyers seeking a move-in-ready, modern house without the concerns of older infrastructure. It’s particularly well-matched for professionals or small families who value space and newness over a large yard, as the lot is more compact compared to area averages. The attached garage and full (though unrenovated) basement add practical utility. A thoughtful perspective: while the lot is smaller, this often translates to less yard upkeep—an appealing trade-off for those with busy lifestyles. Its strong assessed value ranking suggests it is a solid, above-average asset within its immediate community, making it a prudent choice for value-conscious buyers who still want a newer home.

Section 2: Frequently Asked Questions

1. How does the property’s size compare to nearby homes?
The living area is notably spacious, ranking in the top 13% on its own street. It is larger than the average home in Fraipont and significantly larger than the typical Winnipeg home.

2. What is the significance of the lot size?
The land area is more compact, especially compared to the city-wide average. This means less exterior maintenance but also more limited private outdoor space relative to many older neighbourhoods.

3. What does the "Elite" ranking for Year Built mean?
Built in 2024, it is among the newest 1% of homes when compared to its street, neighbourhood, and the entire city. You are unlikely to find a newer home in the area.

4. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This presents potential for future customization and added living space.

5. How current is the sold price information shown?
The listed sold price range is from public data covering January 2016 through April 2025. For the precise, verified sold price, you can request it via email from the site; they provide this detail manually without using your email for marketing.

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