83 Crestmont Drive

Fraipont, Winnipeg

Property score

85.3

Excellent

Overall 85.3 · Compared with neighbourhood average

1,737 sqft (top 31%) · Built in 2020

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

Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 park nearby

Living Area

Near average

4% larger than neighborhood avg.

Year Built

Near average

0 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

85.3 is composed by the two sections below.

Property Score

82.2Excellent
Living Area1,737 sqft86Excellent
Year Built202097Excellent
Lot Size3,738 sqft46Low
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
1,737 sqft
0255075100
Same streetTop 21%Same areaTop 31%CitywideTop 19%
Same street · Crestmont Drive
#35 / 163
Top 21% · Avg 1,629 sqft
Same area · Fraipont
#352 / 1,128
Top 31% · Avg 1,668 sqft
Citywide · Winnipeg
#37,892 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
500k
0255075100
Same streetTop 26%Same areaTop 39%CitywideTop 20%
Same street · Crestmont Drive
#42 / 163
Top 26% · Avg 465.6k
Same area · Fraipont
#440 / 1,128
Top 39% · Avg 501.8k
Citywide · Winnipeg
#38,410 / 194,458
Top 20% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetBottom 28%Same areaTop 46%CitywideTop 3%

Lot Size

around average
3,738 sqft
0255075100
Same streetTop 40%Same areaBottom 42%CitywideBottom 22%

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

83 Crestmont Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 382 m).

Search radius
🌳Parks1

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 7/2023CA$550k–600k
Sold price

Same street

Top 8%

Same area

Top 16%

City-wide

Top 9%
Sold 6/2021CA$450k–500k
Sold price

Same street

Top 40%

Same area

Top 50%

City-wide

Top 20%

Related homes

Highlights & common questions: 83 Crestmont Drive, Winnipeg

Property Overview: 83 Crestmont Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fraipont is a modern property, built in 2020, offering a move-in-ready foundation with room for personalization. Its key appeal lies in a balanced combination of above-average space and a contemporary build within a newer neighbourhood context.

The 1,737 sqft living area is notably spacious, ranking in the top 21% on its own street and top 19% city-wide, offering more room than the typical Winnipeg home. It features an attached garage and a full, unrenovated basement, presenting a blank canvas for future expansion. With an assessed value of $500k, it positions itself as a premium property on Crestmont Drive while being more aligned with the average in the broader Fraipont area.

This home would suit buyers looking for a relatively new build who want to avoid the potential issues and immediate upgrade costs of an older home. It’s ideal for those who value modern construction standards and energy efficiency, and who see potential in a basement that they can finish to their own taste and timeline. The data suggests it offers a "best of both worlds" scenario: a newer home in a street of newer homes, but with a larger-than-average footprint for its cohort.


Section 2: Frequently Asked Questions

1. Is the price fair based on recent sales?
Based on available data, the home last sold in July 2023 for an estimated $555,000-$585,000. The current $500,000 assessment is significantly lower, which may reflect market adjustments or the assessed value lagging behind a previous sale price. It’s crucial to investigate why this gap exists.

2. How does the lot size compare?
The 3,738 sqft lot is fairly typical for Crestmont Drive and Fraipont but is below the city-wide average. This is common for newer subdivisions. Buyers should consider if the yard space meets their needs, as it may be smaller than what’s found in older city neighbourhoods.

3. What does "basement not renovated" mean?
The basement is unfinished. This is a cost-saving opportunity at purchase but requires a future investment to finish. It allows you to customize the space exactly as you want, but you must budget for that project separately.

4. Is the neighbourhood established?
Fraipont appears to be a newer area, with many homes on Crestmont Drive built around or after 2020. The community is still maturing, which can mean newer infrastructure but less established landscaping and community character compared to older neighbourhoods.

5. Why are the "city-wide" rankings for year built so high?
The home ranks in the top 3% city-wide for being new (built 2020). This highlights that most homes in Winnipeg are significantly older (city-wide average year built is 1966). This is a major point of appeal, suggesting lower immediate maintenance costs and modern materials.

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