Property Overview: 54 Eau-Claire Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fraipont is a modern property, built in 2021, offering a move-in-ready opportunity with minimal upkeep in its early years. Its key appeal lies in its balance of contemporary living within a specific market context. With 1,512 sqft of living space, it feels spacious compared to the Winnipeg city-wide average but is more modestly sized within its own immediate neighbourhood and street—suggesting a cozy, efficient layout rather than an expansive one. The attached garage and existing (but unrenovated) basement add practical utility.

The home’s value proposition is nuanced. Its assessed value is above average citywide, yet it ranks below average on its own street, indicating it may offer relative value for a newer build in this particular location. The lot size is compact, even by local standards, which translates to lower maintenance but less private outdoor space.

This property would best suit first-time buyers or downsizers seeking a modern, low-maintenance home without the premium often attached to newer builds on larger lots. It’s also a practical fit for investors or buyers who prioritize the condition and age of the structure over lot size, and who see value in a home that stands out positively in broader city comparisons while being priced competitively within its micro-market.

Section 2: Frequently Asked Questions

1. Is this a good value for a newer home?
Potentially, yes. While its assessed value is below the street average, the home is only 5 years old. Compared to the typical Winnipeg home (average year built 1966), it offers modern systems and minimal immediate repair costs, which can represent significant long-term value.

2. What does the "below average" ranking for lot size mean practically?
The lot is 3,632 sqft, which is smaller than most on the street and in the city. This means less yard maintenance and gardening, but also limited potential for expansions like large decks, pools, or additions. It suits those who prefer indoor living space over extensive outdoor space.

3. Why is the basement noted as "not renovated"?
This simply indicates the basement is in its original, functional state as built in 2021. It’s not a negative condition; it means the space is a blank canvas for future finishing to suit an owner's needs, without the need to undo prior renovations.

4. How does this home compare to others on the same street?
The data shows similar homes on Eau-Claire Drive are very comparable in age, but this specific property is slightly smaller in both living area and lot size, and carries a slightly lower assessed value. This suggests it could be a more affordable entry point into this modern streetscape.

5. The sold price history shows a range. What factors influence the final price?
The sold price from 2023 is a range based on public data. The final price is influenced by the home’s condition, the then-current market trends, and how its specific attributes (like smaller lot) were weighted against its advantages (like being newly built) during that particular sale.