7 Crestmont Drive

Fraipont, Winnipeg

Property score

85.2

Excellent

Overall 85.2 · Newer than most nearby homes

1,654 sqft (top 41%) · Built in 2022 (2 yrs newer than avg)

Located in a high-income area with median household income of ~120k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby

Living Area

Near average

1% smaller than neighborhood avg.

Year Built

Above average

2 yrs newer than neighborhood avg.

Mother tongue

English · 55%Punjabi · 5%

Past 10 years Fraipont sales snapshot (~80% of all data)

Sold Count

764

Median price

515k

$/sqft

$359/sqft

Avg build year

2020

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Property score

85.2 is composed by the two sections below.

Property Score

82.0Excellent
Living Area1,654 sqft83Excellent
Year Built2022100Excellent
Lot Size4,492 sqft53Fair
Neighbourhood Sales Activity86Excellent

Community Score

90.0Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress63Fair
Core Housing Need100Excellent
Employment Health100Excellent

Neighbourhood Sales

Fraipont

How to read: Share of sales in each ~$50k price band for “fraipont” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111207

Community deep dive

$120K

Median household income

$132K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

9%

Single-person households

49%

Families with children

Population, labour & age

Population (2021)1,509
Labour force participation rate88%
Median age31.2
Avg household size3.1
Unemployment rate2%
Population density1658 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households9%
Couple families with children49%
Median household income (2020)$120K

Housing

Renter households9%
Condominium dwellings2%
Median dwelling value (owners)$468K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority63%
Bachelor's or higher (25–64)59%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Punjabi · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,654 sqft
0255075100
Same streetTop 33%Same areaTop 41%CitywideTop 23%
Same street · Crestmont Drive
#54 / 163
Top 33% · Avg 1,629 sqft
Same area · Fraipont
#466 / 1,128
Top 41% · Avg 1,668 sqft
Citywide · Winnipeg
#44,424 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
482k
0255075100
Same streetTop 38%Same areaBottom 49%CitywideTop 23%
Same street · Crestmont Drive
#62 / 163
Top 38% · Avg 465.6k
Same area · Fraipont
#572 / 1,128
Bottom 49% · Avg 501.8k
Citywide · Winnipeg
#44,347 / 194,458
Top 23% · Avg 390.1k

Year Built

Elite
2022
0255075100
Same streetTop 40%Same areaTop 23%CitywideTop 1%

Lot Size

above average
4,492 sqft
0255075100
Same streetTop 10%Same areaTop 30%CitywideBottom 34%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

7 Crestmont Drive — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 234 m).

Search radius
🌳Parks3

Crime & Safety

Fraipont · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-98%

vs. prior year

Primary type

Property

100%

Sales History

Sold 11/2022CA$500k–550k
Sold price

Same street

Top 21%

Same area

Top 32%

City-wide

Top 14%

Related homes

Highlights & common questions: 7 Crestmont Drive, Winnipeg

Property Overview

7 Crestmont Drive is a modern two-storey home built in 2022, offering a move-in-ready opportunity in Winnipeg's Fraipont neighbourhood. Its key appeal lies in its balance of contemporary construction and above-average space for its local context. With 1,654 sqft of living space and a generous 4,492 sqft lot, the property provides room to grow. It features an attached garage and a full, unrenovated basement, presenting a blank canvas for future customization.

This home is well-suited for first-time buyers or young families seeking a newer build that minimizes immediate repair concerns. It also appeals to value-conscious buyers looking for a property that stands out in its immediate area for lot size and modern amenities, while still being priced comparably to its neighbours. A less obvious advantage is its "citywide elite" status for year built—compared to Winnipeg's overall housing stock, this is a notably new home, which can mean better energy efficiency and modern building standards.

Frequently Asked Questions

1. How does this home compare to others on the street?
It ranks above average for lot size within Crestmont Drive, offering more outdoor space than most direct neighbours. Its living area and assessed value are consistently around the street average, indicating it is a typical and competitively priced home for this specific block.

2. What does the "unrenovated basement" mean?
The basement is finished as living space but has not been updated since the home was built in 2022. It presents a functional area that is clean and modern, yet offers the next owner the opportunity to personalize it to their taste without the need for a full, costly development.

3. Is the assessed value the same as the market price?
No. The assessed value (approximately $48,200) is for municipal tax purposes. The home last sold in late 2022 for an estimated $49,500-$52,500. Market price is determined by current conditions and should be evaluated independently.

4. What are the potential long-term benefits of a 2022 build?
Beyond modern finishes, a home of this age typically benefits from current building codes, newer major systems (like HVAC and plumbing), and improved insulation standards. This can translate to lower maintenance costs and better energy efficiency in the medium term compared to the city's older average housing stock.

5. How can I get the exact historical sale price?
The exact sold price is not publicly listed. You can request it directly via the form on this property page. The service is manual, with a promised reply by the end of the same business day, and your email will not be used for unsolicited marketing.

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