Property Overview

This two-storey home at 571 De La Seigneurie Boulevard in Winnipeg's Fraipont neighbourhood presents a compelling blend of modern comfort and strong community standing. Built in 2019, it offers a move-in-ready foundation with the key benefit of a renovated basement.

Key Characteristics & Appeal

The home’s primary strength is its generous 1,891 sqft of living space, which places it in the top 10-18% for size both on its street and within the wider neighbourhood. This spaciousness is paired with a notably high assessed value, ranking in the top 1% on its boulevard. This suggests a property that is not only sizable but also well-appointed or favorably positioned within its immediate context. The attached garage and modern build year (2019) mean major systems are relatively new, reducing the worry of immediate costly repairs.

Its appeal lies in offering above-average interior space in a modern package, which is somewhat rare city-wide. It would suit buyers looking for a turnkey family home who want to avoid the quirks and update projects of an older house. It’s particularly suited for those who value finished living areas, as the renovated basement adds immediate functional space. A thoughtful perspective is that while the lot size is average for the area, the premium assessment and living space indicate the value is driven by the structure itself—ideal for buyers who prioritize home comfort over extensive yard maintenance.

Frequently Asked Questions

1. What does the high assessed value relative to the street indicate?
It typically reflects a combination of the home’s above-average size, modern construction, renovations, and overall condition compared to its immediate neighbours. It suggests the property is a standout on the boulevard in terms of municipal valuation.

2. Is the sold price history from 2020 relevant today?
While it shows the home’s price point from five years ago, the current assessed value and market conditions have likely shifted significantly. It’s more useful as a benchmark for how the property’s value has been established over time rather than as a direct indicator of its current market price.

3. What is the neighbourhood (Fraipont) like?
The data shows homes in Fraipont generally have above-average living space and assessed values compared to the city-wide median. This points to a neighbourhood consisting of relatively newer, well-sized family homes.

4. What are the potential implications of an average-sized lot?
The lot is consistent with the local area, meaning outdoor space is adequate but not expansive. This is common in newer subdivisions and translates to less yard upkeep but may not suit those seeking extensive gardens or very private outdoor space.

5. How does the "renovated basement" factor into the value?
A finished basement immediately adds usable living area without the need for a future investment. It’s a key feature for growing families needing recreation, home office, or guest space, and it contributes directly to the home’s overall square footage and utility.