Property Overview: 677 De La Seigneurie Boulevard

Key Characteristics & Appeal

This is a modern, two-storey home built in 2020, offering the key advantage of a recently renovated basement. Its primary appeal lies in its balance of contemporary construction and manageable scale. With 1,389 sqft of living space, it is a moderately sized home that ranks as newer than most in Winnipeg overall, suggesting less immediate concern for major repairs or updates. The detached garage and updated basement add functional space.

The property’s metrics reveal a thoughtful perspective: while the lot size is compact relative to many city homes, this often translates to lower maintenance, which can be a draw for busy professionals or those seeking a lock-and-leave lifestyle. Its assessed value sits in a competitive middle range for the street and neighbourhood, but ranks above average citywide, indicating it may represent solid value within its newer community of Fraipont.

This home would suit first-time buyers or downsizers looking for a modern, low-maintenance property without the premium of a brand-new build. It’s also a practical fit for investors or owners who value the finished basement for rental potential or flexible living space, and who prioritize interior updates over a large yard.

Frequently Asked Questions

1. How does the lot size compare, and what does it mean for upkeep?
The land area is 3,424 sqft, which is below average for both the street and Winnipeg overall. This typically means less yard maintenance, which can be a benefit for those with limited time, but may not suit buyers seeking extensive outdoor space for gardening or recreation.

2. The assessed value seems low compared to some averages mentioned. Why is that?
The assessed value of $45.80k is noted as "around average" for its immediate street and neighbourhood. The much higher average values cited for some groups (e.g., $470k on the same street) likely refer to a different class of "comparable homes" in the site's statistical model. It's essential to rely on recent, actual sale prices of similar homes in Fraipont for a true market comparison.

3. What are the advantages of a home built in 2020?
A 2020 build offers modern construction standards, energy efficiency, and likely contemporary layouts and finishes. It should come with minimal worry about major system replacements (like roof, furnace, or windows) for many years, providing predictable upkeep costs.

4. The home is described as "below average" for living area in its neighbourhood. How spacious is it practically?
At 1,389 sqft, it is smaller than the average home in Fraipont. This indicates it's a more efficient, potentially easier-to-maintain footprint. It's well-suited for individuals, couples, or small families who don't require extensive square footage but still want multiple bedrooms and the renovated basement space.

5. What is the context of the 2020 sale price shown?
The data shows a sale in August 2020 for between $36.50k and $39.50k. This was likely the initial purchase price when the home was newly built. The current market value will be determined by recent sales of similar homes in the area and any improvements made since then, such as the basement renovation noted.