Property Overview: 408 Whitehorn Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in the Fraipont neighbourhood is a modern property, built just two years ago in 2024. Its key appeal lies in its new construction, offering contemporary building standards and minimal immediate maintenance. With 1,505 sqft of living space, it provides comfortable room for a small family or couple, ranking above average for size compared to the wider Winnipeg market.

The home sits on a smaller, efficiently sized lot (2,705 sqft), which means less yard upkeep—a plus for those seeking a low-maintenance lifestyle without sacrificing indoor space. It features a detached garage and an unfinished basement, presenting a blank canvas for future expansion or storage tailored to the buyer's needs.

This property would suit first-time homebuyers or downsizers looking for a modern, move-in-ready home in a developing area. Its assessed value is positioned below average for its immediate street and neighbourhood, which could indicate a value opportunity in a newer part of town, especially for buyers who prioritize a recent build over a large plot of land.

Section 2: Frequently Asked Questions

1. Is this a good value for the area?
The data suggests a nuanced picture. While the home’s assessed value is below the average for both Whitehorn Crescent and the Fraipont area, it is a very new build (2024) in a neighbourhood where the average home is older. This can make direct comparisons complex, as you are paying a premium for modern construction that may not be fully reflected in current assessments.

2. What does the "unfinished basement" mean for me?
It means the basement is a blank space with essential plumbing and electrical rough-ins likely completed, but no interior walls, flooring, or finished ceilings. This is a significant opportunity to customize the space to your needs (e.g., a rec room, home office, or extra bedroom) but requires an additional investment of time and money.

3. How does the smaller lot size impact living here?
The lot is notably smaller than most in Winnipeg. This greatly reduces yard maintenance, which is a benefit for busy homeowners. However, it also means limited private outdoor space for gardening, play, or entertaining, and homes may be situated closer together.

4. The home sold very recently in late 2024. Why is it back on the market?
Without specific disclosure from the seller, this is unknown. However, for a nearly new home, common reasons can include a change in the owner's job, financial circumstances, or family situation—not necessarily issues with the property itself. A thorough inspection is always recommended.

5. What are the long-term considerations for a home in a newer subdivision like this?
Newer neighbourhoods often have younger trees and less-established landscaping. While the home itself is modern, community amenities, mature greenery, and the overall character of the area will develop over time. Consider your preference for a settled community versus being part of a growing one.