353 Crestmont Drive

Fraipont, Winnipeg

Property score

82.3

Excellent

Overall 82.3 · Smaller but newer than most nearby homes

1,436 sqft (bottom 18%) · 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

14% 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

82.3 is composed by the two sections below.

Property Score

77.2Good
Living Area75
1,436 sqftGood
Year Built100
2024Excellent
Lot Size53
4,137 sqftFair
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

around average
1,436 sqft
0255075100
Same streetBottom 9%Same areaBottom 18%CitywideTop 34%
Same street · Crestmont Drive
#149 / 163
Bottom 9% · Avg 1,629 sqft
Same area · Fraipont
#923 / 1,128
Bottom 18% · Avg 1,668 sqft
Citywide · Winnipeg
#65,989 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

around average
404k
0255075100
Same streetBottom 14%Same areaBottom 5%CitywideTop 37%
Same street · Crestmont Drive
#140 / 163
Bottom 14% · Avg 465.6k
Same area · Fraipont
#1,075 / 1,128
Bottom 5% · Avg 501.8k
Citywide · Winnipeg
#72,622 / 194,458
Top 37% · Avg 390.1k

Year Built

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

Lot Size

above average
4,137 sqft
0255075100
Same streetTop 13%Same areaTop 43%CitywideBottom 28%

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

353 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 454 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 5/2024CA$400k–450k
Sold price

Same street

Bottom 48%

Same area

Bottom 40%

City-wide

Top 25%

Related homes

Highlights & common questions: 353 Crestmont Drive, Winnipeg

Property Overview: 353 Crestmont Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fraipont is a modern property, built just two years ago. Its key appeal lies in its new construction, offering move-in readiness and contemporary building standards without the wait or uncertainty of a new build. With 1,436 sqft of living space and an attached garage, it provides a practical layout for everyday living.

The home’s standout characteristic is its relative value within its immediate context. While its living space and assessed value are below the averages for Crestmont Drive and the Fraipont area, this positions it as a potentially more accessible entry point into a neighbourhood of newer, generally larger homes. The lot size of over 4,100 sqft is notably above average for the street, offering good outdoor space for a property of this vintage. This combination suits first-time buyers or downsizers seeking a modern, low-maintenance home in a developing area, who prioritize a newer building over maximum square footage and see value in securing a manageable property on a decent-sized lot.

Section 2: Frequently Asked Questions

1. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This provides a blank canvas for future expansion or storage but would require investment to develop into living space.

2. How does the property’s value compare to its neighbours?
The home’s assessed value is below the average for both Crestmont Drive and the wider Fraipont area. This could reflect its slightly smaller size but may also present a value opportunity compared to neighbouring homes.

3. What is the neighbourhood like?
Fraipont appears to be a newer development, as evidenced by the modern build dates of this home and nearby comparable properties (e.g., 357 and 333 Crestmont Drive were built in 2023). Buyers can expect a community of contemporary homes.

4. Why is the city-wide assessed value comparison so different?
The "around average" city-wide ranking is based on a comparison against all Winnipeg homes, which have a much older average year built (1966). This highlights that while the home is newer than most in the city, its specific metrics are best compared against its immediate, newer neighbourhood peers.

5. Where can I find exact historical sale prices?
The listed sale price ranges are based on public data. The exact sold price history is available by request via email from the listing source, which provides the accurate figure manually.