Property Summary: 50 Jack Reimer Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fraipont is a modern property, built in 2021, offering nearly 2,000 square feet of living space. Its key features include an attached garage and a renovated basement. The appeal lies in its combination of new construction benefits—like modern building standards and minimal immediate maintenance—with above-average space for its neighbourhood.

Statistically, the home stands out. It ranks in the top tier on its own street for assessed value and year built, and it consistently places in the top 15-25% within the broader Fraipont area for living area, land size, and value. This suggests a property that is both newer and more substantial than many of its local peers. The lot is a comfortable size for the area, offering outdoor space without the burden of an excessively large yard.

This home would suit buyers looking for a move-in-ready, modern build in a well-established neighbourhood, who prioritize space and contemporary finishes. It’s a strong fit for growing families or professionals seeking a home that requires little upfront work but offers room to grow. A less obvious angle is its appeal to value-conscious buyers who understand that a newer home in an older area can offer the best of both worlds: modern efficiency within a mature community with established amenities and greenery.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated, but the specific finishes, layout, and whether it includes a legal suite or additional bedrooms are not detailed here. This would be a key point to clarify with the seller or listing agent.

2. How does the assessed value relate to the likely selling price?
The assessed value of $62.90k is for taxation purposes and is not a market price. Market value is determined by recent sales of comparable homes. The data shows this home’s assessed value is in the top 5% on its street, indicating it is considered a high-value property in its immediate area.

3. The home sold in 2021. What has changed since then?
The home was initially sold when new in April 2021. The "renovated basement" is likely an improvement made by the current owners after that purchase, adding value beyond the original build.

4. Is the lot size typical for the area?
Yes. With a land area of just over 5,200 sq ft, it is above average for both Jack Reimer Drive and the Fraipont neighbourhood, but closer to the city-wide average. It provides a balanced yard space that is manageable.

5. What are the utility and maintenance costs likely to be for a home of this age?
As a 2021 build, major components like the roof, furnace, and windows should be under warranty and highly efficient, leading to relatively predictable and lower utility and repair costs compared to an older home, which is a significant long-term advantage.