431 Crestmont Drive

Fraipont, Winnipeg

Property score

84.6

Excellent

Overall 84.6 · Newer than most nearby homes

1,646 sqft (top 42%) · Built in 2022 (2 yrs newer than avg)

Located in a high-income area with median household income of ~120k

Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 1 park nearby

Living Area

Near average

1% 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

84.6 is composed by the two sections below.

Property Score

81.0Excellent
Living Area1,646 sqft83Excellent
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
1,646 sqft
0255075100
Same streetTop 35%Same areaTop 42%CitywideTop 23%
Same street · Crestmont Drive
#57 / 163
Top 35% · Avg 1,629 sqft
Same area · Fraipont
#478 / 1,128
Top 42% · Avg 1,668 sqft
Citywide · Winnipeg
#45,031 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
487k
0255075100
Same streetTop 33%Same areaTop 47%CitywideTop 22%
Same street · Crestmont Drive
#54 / 163
Top 33% · Avg 465.6k
Same area · Fraipont
#526 / 1,128
Top 47% · Avg 501.8k
Citywide · Winnipeg
#42,666 / 194,458
Top 22% · 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

431 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 335 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 2/2022CA$450k–500k
Sold price

Same street

Top 31%

Same area

Top 43%

City-wide

Top 18%

Related homes

Highlights & common questions: 431 Crestmont Drive, Winnipeg

Property Overview: 431 Crestmont Drive, Fraipont

Section 1: Key Characteristics & Appeal

This two-storey home at 431 Crestmont Drive is a modern, low-maintenance property built in 2022. With 1,646 sqft of living space and an attached garage, it offers a practical layout for everyday living. The home sits on a 3,937 sqft lot, which is notably larger than many in the immediate area, providing more usable outdoor space than some newer builds.

Its primary appeal lies in its balance of being a contemporary home in a neighbourhood of similar recent construction, meaning you benefit from modern building standards without being the only new house on the block. The assessed value is consistent with the street and area, indicating a stable, established value within this specific development. The unrenovated basement presents a clean slate for future customization.

This property would best suit buyers looking for a move-in ready, modern home who want to avoid the surprises of an older property. It’s ideal for professionals or small families seeking a community with uniform, recent development. A thoughtful perspective is that while the home is newer city-wide, it fits the average for its specific street—this offers a sense of community cohesion but may mean fewer unique character features compared to older, more established neighbourhoods.


Section 2: Frequently Asked Questions

1. How does this home compare to others on Crestmont Drive?
The home is very representative of its street. Its living area, year built, and assessed value all rank solidly around the average for Crestmont Drive, meaning it’s a typical offering for this specific new development.

2. What is the potential for future value growth here?
As part of a newer subdivision (Fraipont), future value will be closely tied to the overall maturation and desirability of the area itself, rather than the appreciation of an old home in an established area. Its above-average lot size for the street could be a positive differentiator long-term.

3. What does "basement not renovated" imply?
The basement is finished as part of the original 2022 build but has not been upgraded or customized since. This is common and means it’s in good, functional condition but offers you the opportunity to tailor it to your needs without first undoing someone else’s renovations.

4. Is the lot size a pro or a con?
It depends on your priorities. The lot is above average for Crestmont Drive, which is a plus for outdoor space. City-wide, however, it is smaller than the median, so if a very large yard is a top priority, you may find bigger lots in older neighbourhoods.

5. How stable is the pricing in this area?
The close grouping of assessed values and recent sale prices on Crestmont Drive suggests a stable, predictable market for these similar homes. This can reduce bidding volatility but also means there are fewer "steal" opportunities, as values are well-established.

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