Property Overview: 745 De La Seigneurie Boulevard, Winnipeg

Key Characteristics & Appeal

This is a modern, two-storey home built in 2021, offering a move-in-ready opportunity in the Fraipont neighbourhood. Its primary appeal lies in its contemporary construction, which means fewer immediate maintenance concerns compared to older homes. With 1,389 sqft of living space and an unrenovated basement, it provides a solid foundation for a growing household or an owner looking to customize the lower level to their taste.

The property presents a nuanced value proposition. While its living space and lot size (3,376 sqft) are modest for its immediate street and area, they are much more aligned with city-wide averages. The home’s assessed value is notably lower than most neighbours, which can indicate a different tax burden and potential value opportunity for a buyer. This combination—a newer build with a below-average assessment on its street—suggests a practical entry point into a modern home without the premium often attached to brand-new constructions.

It would suit first-time buyers or young families seeking a newer build in a quiet residential setting. It’s also a sensible fit for value-conscious buyers who prioritize modern systems and structure over having the largest footprint on the block, and for those who see potential in finishing the basement to gain additional space.

Frequently Asked Questions

1. Why is the assessed value significantly lower than neighbouring homes?
While specific assessment details aren't provided, a newer home with a lower assessment than older neighbours can be due to a variety of factors, including differences in finished living area, lot characteristics, or interior features. It typically suggests a potentially lower property tax bill relative to nearby houses.

2. What does "below average" for lot size mean for outdoor space?
The lot is under 3,400 sqft, which is smaller than many in the area. This means lower maintenance but may limit extensive landscaping, large deck additions, or pool installation. It's suitable for a small patio or garden.

3. The basement is noted as "not renovated." What condition is it in?
The description indicates the basement is unfinished or in a rough-in state. It has the essential structure and likely includes plumbing/electrical rough-ins, but would require investment to create livable space, offering a blank canvas for the next owner.

4. How does the living area compare to a typical Winnipeg home?
At 1,389 sqft, it's very close to the city-wide average. While it feels compact compared to other homes on its street, it offers a fairly standard amount of space for Winnipeg overall, typically accommodating 2-3 bedrooms.

5. Are there any recent sales for direct comparison?
A very similar home at 195 Crestmont Drive (built 2021, 1,529 sqft, assessed at $40.9k) is listed as "worth viewing," providing a good benchmark. The last known sale for this specific property was in July 2021, in the $35.5k-$38.5k range.