357 Crestmont Drive

Fraipont, Winnipeg

Property score

83.8

Excellent

Overall 83.8 · Newer than most nearby homes

1,542 sqft (bottom 43%) · Built in 2023 (3 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

Near average

8% smaller than neighborhood avg.

Year Built

Above average

3 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

83.8 is composed by the two sections below.

Property Score

79.6Good
Living Area79
1,542 sqftGood
Year Built100
2023Excellent
Lot Size53
4,117 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

above average
1,542 sqft
0255075100
Same streetBottom 45%Same areaBottom 43%CitywideTop 28%
Same street · Crestmont Drive
#89 / 163
Bottom 45% · Avg 1,629 sqft
Same area · Fraipont
#644 / 1,128
Bottom 43% · Avg 1,668 sqft
Citywide · Winnipeg
#54,747 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

around average
429k
0255075100
Same streetBottom 35%Same areaBottom 17%CitywideTop 32%
Same street · Crestmont Drive
#106 / 163
Bottom 35% · Avg 465.6k
Same area · Fraipont
#935 / 1,128
Bottom 17% · Avg 501.8k
Citywide · Winnipeg
#62,489 / 194,458
Top 32% · Avg 390.1k

Year Built

Elite
2023
0255075100
Same streetTop 21%Same areaTop 13%CitywideTop 1%

Lot Size

above average
4,117 sqft
0255075100
Same streetTop 15%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

357 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 457 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 9/2023CA$450k–500k
Sold price

Same street

Top 45%

Same area

Bottom 48%

City-wide

Top 21%

Related homes

Highlights & common questions: 357 Crestmont Drive, Winnipeg

Property Overview: 357 Crestmont Drive, Winnipeg

Key Characteristics & Appeal

This is a modern, two-storey home built in 2023, offering a move-in-ready condition in Winnipeg's Fraipont neighbourhood. Its key characteristics include 1,542 sqft of living space, an attached garage, and a full (unrenovated) basement on a 4,117 sqft lot. The home’s primary appeal lies in its balance of new construction benefits—like modern building standards and minimal immediate maintenance—within a well-established, newer suburban community. The data suggests it sits in a desirable location, ranking in the top 15% of its street for lot size and the top 13% of its neighbourhood for being a newer build.

This property would suit first-time buyers or young families seeking a contemporary home without the wait or uncertainties of a build. It also appeals to value-conscious buyers looking for a property with strong fundamentals: its assessed value has remained stable relative to its recent 2023 sale price, indicating a steady market perception. A thoughtful perspective is the home’s potential for future equity growth; the existing basement presents a clear opportunity to add value through renovation as needs and budget allow.

Frequently Asked Questions

1. Is this a good investment relative to the area?
The data indicates a stable value. The home’s assessed value is consistent with its 2023 sale price, and it ranks in the top 35% on its street for assessed value, suggesting it is positioned well within its immediate market.

2. What is the neighbourhood like?
Fraipont is a newer, developing community. The listing shows many comparable and nearby homes were built between 2019-2024, indicating a neighbourhood of modern homes with likely similar demographics.

3. Why is the basement noted as "not renovated"?
This means the lower level is unfinished or in a basic state. While it offers functional space for storage or utilities, it represents a blank canvas for future living space, recreation room, or suite development, subject to permits.

4. How does the lot size compare?
At 4,117 sqft, the lot is larger than 85% of others on Crestmont Drive. This is a notable advantage for outdoor space, privacy, and landscaping potential compared to many newer suburban lots.

5. Are there any obvious concerns from the data?
The living area is slightly below the neighbourhood median, ranking in the top 55%. For some buyers, this may mean prioritizing efficient use of space. However, this is balanced by the newer construction and above-average lot size.