351 Crestmont Drive

Fraipont, Winnipeg

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

6-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 Area1,498 sqft75Good
Year Built2024100Excellent
Lot Size3,692 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

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
407k
0255075100
Same streetBottom 21%Same areaBottom 7%CitywideTop 37%
Same street · Crestmont Drive
#128 / 163
Bottom 21% · Avg 465.6k
Same area · Fraipont
#1,046 / 1,128
Bottom 7% · Avg 501.8k
Citywide · Winnipeg
#71,270 / 194,458
Top 37% · Avg 390.1k

Year Built

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

Lot Size

around average
3,692 sqft
0255075100
Same streetTop 45%Same areaBottom 41%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

351 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 451 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 1/2024CA$450k–500k
Sold price

Same street

Top 35%

Same area

Top 47%

City-wide

Top 20%

Related homes

Highlights & common questions: 351 Crestmont Drive, Winnipeg

Property Overview: 351 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 key characteristic is its new construction, placing it in the top 1% of homes for age both on its street and city-wide. With 1,498 sqft of living space, an attached garage, and a full (unrenovated) basement, it offers a contemporary layout for a growing household or professional couple.

The primary appeal lies in acquiring a nearly new home, which typically means lower immediate maintenance costs and modern building standards. The property sits on a 3,692 sqft lot, which is quite manageable and average for the immediate area. Interestingly, while the home itself is newer than most, its assessed value is positioned below the average for its neighbourhood, potentially representing a value opportunity in a newer building.

This home would suit first-time buyers or young families looking for a move-in-ready, modern property without the premium often attached to brand-new builds. It’s also a practical fit for buyers who prefer a smaller, low-maintenance yard and value being part of a fresh, developing community street, as evidenced by the nearby comparable homes built in 2023.


Section 2: Frequently Asked Questions

1. Is this a good value for a newer home?
The assessed value is below the current neighbourhood average, which is notable for a home this new. This could indicate a value proposition, but it’s essential to compare it with recent sale prices of similar homes on Crestmont Drive for a complete picture.

2. What does “basement, not renovated” mean?
It confirms the home has a full basement, but it is in its original, unfinished state. This is typical for newer homes and offers a blank canvas for future development, adding potential living space or storage.

3. How does the lot size compare?
At 3,692 sqft, the lot is average for Crestmont Drive and Fraipont but is below the city-wide average. This suggests a more compact, low-maintenance yard, which can be a benefit for those not wanting extensive outdoor upkeep.

4. The home sold recently in early 2024. Why is it back on the market?
While the specific reason isn’t provided, the quick resale of a nearly new home isn’t uncommon. Reasons can range from a change in the owner’s job or family circumstances to investment-related decisions. A property history review or disclosure from the seller would provide clarity.

5. Are the sold price figures shown exact?
No. The listed sold price is a range based on public data. To obtain the exact sale price from January 2024, you must request it directly via the provided email service, which is manually fulfilled.

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