Property Overview: 62 Eau-Claire Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, two-storey home built in 2022, offering the advantage of a nearly new build with minimal initial maintenance concerns. Its key appeal lies in this contemporary foundation paired with an efficient layout of just over 1,500 sq ft, which is above average for Winnipeg overall. The home features an attached garage and a full, unrenovated basement, presenting a blank canvas for future expansion.

The property sits on a standard-sized lot for the Fraipont neighbourhood. While its living space and assessed value are modest compared to its immediate street—where many homes are larger and more valuable—it stands out as a notably newer construction in a citywide context. This creates a unique positioning: it’s a modern, low-maintenance home in an established area, suited for buyers who prioritize newer systems and design over maximizing square footage or lot size. It would particularly suit first-time buyers or downsizers seeking a turn-key property without the premium often attached to brand-new subdivisions, or an investor looking for a modern rental in a stable neighbourhood.

Section 2: Frequently Asked Questions

1. Is this a good value for the area?
The data suggests a mixed picture. Its assessed value is average for Fraipont but below average for Eau-Claire Drive itself, indicating it may offer a more accessible price point on a street of generally higher-value homes, largely due to its smaller size.

2. What does "above average citywide" for living area mean?
While the home is on the smaller side for its immediate street, its 1,503 sq ft is actually larger than about 70% of all homes in Winnipeg. This highlights the efficiency of the floor plan and that the neighbourhood generally features larger properties.

3. How does the year built affect this property?
Built in 2022, it is among the newest 1% of homes citywide. This typically means modern building codes, energy efficiency, and less imminent need for major repairs (roof, furnace, etc.) compared to the Winnipeg average home built in 1966.

4. What is the potential of the basement?
The listing notes the basement exists but is "not renovated." This represents both a cost-saving opportunity (it’s liveable as-is for storage or utilities) and future potential for adding significant finished living space, which would increase the home’s total square footage.

5. Why is the land area ranking lower citywide?
The lot is approximately 3,632 sq ft, which is below the Winnipeg average of about 6,570 sq ft. This is common in newer infill developments and mature neighbourhoods, resulting in lower outdoor maintenance but less private yard space than found in post-war suburbs.