Property Overview

This one-storey home at 64 Bonaventure Drive E in Winnipeg's Fraipont neighbourhood presents a practical, modern living option. Built in 2017, it features 1,260 sqft of living space, an attached garage, and a renovated basement. The lot is a manageable 4,710 sqft. Its assessed value is positioned above average citywide but is typical for its immediate area.

Section 1: Key Characteristics & Appeal

The primary appeal of this property lies in its balance of modern convenience and manageable scale. As a newer build (2017), it likely offers contemporary construction standards and systems, reducing immediate concerns about major repairs or outdated components. The renovated basement adds valuable finished space, increasing its functional footprint beyond the main floor living area.

Its appeal is tailored to specific buyers. It would suit first-time homeowners seeking a modern, low-maintenance property without the premium of a brand-new build, or downsizers looking for a single-level layout with recent updates. The home’s living space is notably smaller than the average in both Fraipont and on its own street, which suggests a more efficient, easier-to-maintain footprint—a potential advantage for those prioritizing simplicity over sheer size. Financially, it occupies a thoughtful middle ground: its above-average citywide assessment indicates solid value retention, while its in-neighbourhood pricing appears accessible. This positions it as a sensible entry into a stable area without the intense competition often found with larger, more prominent homes.

Section 2: Frequently Asked Questions

1. Is the living space too small compared to other homes in the area?
While the home's living area is below the average for Bonaventure Drive E and Fraipont, it is close to the citywide average. This efficient size translates to lower utility costs and less upkeep, which can be a deliberate advantage for the right buyer.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand if it includes legal bedrooms, a proper bathroom, or a dedicated living space.

3. How does the assessed value affect property taxes?
With an assessed value of $49.90k (where 'k' represents a unit of measurement used in the assessment system), the property taxes should be verified against the municipal tax rate. Its assessment is above average citywide, so taxes may be proportionally higher than in older city neighbourhoods, but typical for Fraipont.

4. The home sold in 2021. What might have changed since then?
The 2021 sale provides a recent price benchmark. Since then, the owners have presumably completed the basement renovation. A pre-purchase inspection would be wise to confirm the quality of this and any other updates made during their ownership.

5. How does the lot size compare, and what are the implications?
At 4,710 sqft, the lot is above average for Fraipont but smaller than many in the city. This means a manageable yard for maintenance, but may limit possibilities for large additions or extensive outdoor amenities compared to properties on larger lots.