391 Crestmont Drive

Fraipont, Winnipeg

Property score

83.2

Excellent

Overall 83.2 · Newer than most nearby homes

1,525 sqft (bottom 41%) · Built in 2022 (2 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

Near average

9% smaller than neighborhood avg.

Year Built

Above average

2 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

83.2 is composed by the two sections below.

Property Score

78.6Good
Living Area1,525 sqft79Good
Year Built2022100Excellent
Lot Size3,937 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
1,525 sqft
0255075100
Same streetBottom 36%Same areaBottom 41%CitywideTop 29%
Same street · Crestmont Drive
#104 / 163
Bottom 36% · Avg 1,629 sqft
Same area · Fraipont
#668 / 1,128
Bottom 41% · Avg 1,668 sqft
Citywide · Winnipeg
#56,425 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
469k
0255075100
Same streetTop 50%Same areaBottom 39%CitywideTop 25%
Same street · Crestmont Drive
#82 / 163
Top 50% · Avg 465.6k
Same area · Fraipont
#683 / 1,128
Bottom 39% · Avg 501.8k
Citywide · Winnipeg
#48,724 / 194,458
Top 25% · Avg 390.1k

Year Built

Elite
2022
0255075100
Same streetTop 40%Same areaTop 23%CitywideTop 1%

Lot Size

above average
3,937 sqft
0255075100
Same streetTop 22%Same areaTop 49%CitywideBottom 24%

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

391 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 414 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 9/2022CA$450k–500k
Sold price

Same street

Top 33%

Same area

Top 45%

City-wide

Top 19%

Related homes

Highlights & common questions: 391 Crestmont Drive, Winnipeg

Property Overview: 391 Crestmont Drive, Winnipeg

Key Characteristics & Buyer Appeal

This two-storey home, built in 2022, offers a modern, low-maintenance foundation in the Fraipont neighbourhood. Its key appeal lies in its balance of being a newer construction within a well-established context. With 1,525 sqft of living space and an attached garage, the home provides practical, contemporary living without being oversized.

The property stands out for its efficient use of space. While the living area is comfortably above the city-wide average, the lot size is more compact, which translates to less yard upkeep—a significant consideration for busy professionals or those seeking a simpler lifestyle. The home’s assessed value positions it as a strong, mid-range offering in its immediate area, suggesting it’s priced in line with the local market rather than at a premium.

This home would suit first-time buyers or small families looking for a move-in-ready property with modern building standards. It’s also a sensible choice for value-conscious buyers who prioritize a newer roof, furnace, and windows over having a large yard or a fully renovated basement. The data indicates it’s a solid, average performer on its street, offering stability rather than standing out as an outlier, which can be reassuring for a prudent purchase.


Frequently Asked Questions

1. Is the basement finished?
No, the basement is not renovated. This presents a blank canvas for future expansion or storage, allowing the next owner to customize the space to their needs and budget.

2. How does this home compare to others on the street?
The home is consistently around average for Crestmont Drive in terms of living space, assessed value, and year built. Its lot size, however, is above average for the street, offering a bit more outdoor space than many of its direct neighbours.

3. What are the annual property taxes?
Based on the provided assessed value of $46,900, you can estimate taxes by applying the current year’s municipal tax rate. It’s advisable to confirm the exact amount with the city or your real estate agent.

4. The home sold in 2022. Why is it back on the market so soon?
While the specific reason isn’t provided here, short ownership periods in newer builds can sometimes relate to changing life circumstances, job relocations, or a desire to adjust housing needs. A home inspection can provide peace of mind regarding the property’s condition.

5. How does Fraipont compare to the wider Winnipeg market?
This home’s metrics are notably stronger city-wide than within its immediate area. Its living space and modern build year (2022) rank in the top 29% and top 1% city-wide, respectively. This suggests you are acquiring a relatively newer and spacier home compared to the Winnipeg average, within a neighbourhood where such properties are more common.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.