Property Summary: 376 Whitehorn Crescent, Winnipeg

Key Characteristics & Appeal

This is a modern, two-storey home built in 2024, offering a move-in-ready opportunity in the developing Fraipont neighbourhood. Its primary appeal lies in its new construction, which means modern building standards, minimal immediate maintenance, and contemporary layouts. With 1,389 sqft of living space and an unfinished basement, it provides a solid foundation for a growing household or an owner looking to customize the lower level to their needs.

The property sits on a smaller, manageable lot (3,127 sqft), which translates to less yard upkeep—a plus for busy professionals or those seeking a low-maintenance lifestyle. Notably, while its size and assessed value are below average for its immediate street and area, it is a notably newer home compared to the vast majority of Winnipeg's housing stock. This creates an interesting dynamic: you’re purchasing a modern home in a neighbourhood where many properties are still under development or are older, positioning it as a forward-looking choice in a community taking shape.

It would suit first-time homebuyers looking for a new build without a premium price tag, or practical buyers who prioritize modern mechanical systems and design over larger lot sizes. It’s less suited for those seeking extensive outdoor space, a finished basement for immediate use, or established, mature landscaping.

Frequently Asked Questions

1. Is this a good value compared to other homes on the street?
Based on assessed value and living area, this home ranks below the average for Whitehorn Crescent. However, it is one of the newest homes on the street. The value proposition is tied more to its modern construction and age than outperforming its direct neighbours in size.

2. What does the "unfinished basement" mean for me?
The basement is structurally complete but not developed into living space. This is a significant opportunity to add value and customize the home to your needs (e.g., creating a rec room, home office, or additional bedroom), but it requires planning and investment.

3. How does the smaller lot size impact daily living?
The lot is below average for the city. This means smaller private outdoor spaces, which reduces maintenance time and cost. It may be a limitation for gardening enthusiasts or those wanting expansive outdoor recreation space, but a benefit for those who prefer low-upkeep living.

4. The home sold recently in late 2024. Why is it back on the market?
Without specific disclosure from the seller, this is unknown. Common reasons for quick resales in new areas can include changes in the owner’s circumstances, relocation, or initial investment purposes. A home inspection is always recommended.

5. How established is the Fraipont neighbourhood?
As a newer development, Fraipont is still growing. The presence of many recently built homes suggests a community of newer residents. Buyers should be prepared for ongoing construction in parts of the area and the gradual development of mature trees and community amenities.