Property Overview: 551 De La Seigneurie Boulevard, Fraipont

Section 1: Key Characteristics & Appeal

This one-storey home, built in 2023, is a modern property in a well-established Winnipeg neighbourhood. Its primary appeal lies in its balance of new construction benefits with a generous, above-average lot size. At nearly 1,500 sqft of living space, the home is competitively sized for its area, but its standout feature is the 6,721 sqft lot, which places it in the top 10% of properties on its boulevard. This offers significant outdoor space rare for newer builds. The home has an attached garage and a full, unrenovated basement, presenting a blank canvas for future expansion.

The property suits buyers seeking a move-in ready, low-maintenance home without sacrificing yard space. It’s ideal for small families, professionals, or downsizers who want a modern, single-level layout but still value room for gardening, recreation, or future additions like a deck or shed. A thoughtful perspective is its strong assessed value ranking—it sits above average city-wide and on its street—which suggests it’s positioned well within the market, potentially appealing to the value-conscious buyer who sees beyond just square footage.

Section 2: Frequently Asked Questions

1. How does the lot size compare to typical newer homes?
The lot is substantially larger than the average for comparable homes in both Fraipont and on De La Seigneurie Boulevard itself. This is a distinct advantage, as newer developments often have smaller lots.

2. What does the "unrenovated basement" mean?
It indicates the basement is finished but has not been recently updated. It’s functional space that doesn’t require immediate work, but it may reflect an older style or fixtures, offering the next owner flexibility to customize it to their taste over time.

3. The home sold in early 2023. Why is that recent sale relevant?
As a very recent build, that sale likely represents its first purchase from the builder. The close alignment between that last sold price and the current assessed value provides a clear, modern benchmark for its market value.

4. Is the property in a street of older or newer homes?
The data shows it is the newest home on its street (top 1%), where the average comparable home was built around 2008. This means you benefit from new construction while being integrated into a settled area.

5. What are the implications of its above-average assessed value?
A higher assessed value relative to neighbours can indicate desirable features or a premium position. It’s important to verify what specific attributes (like the large lot, newness) are driving that assessment, as it can influence both property taxes and perceived market value.