Property Overview: 87 Eau-Claire Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, two-storey home built in 2022, offering a move-in-ready opportunity with a renovated basement. Its key appeal lies in its balance of contemporary construction and established value. At 1,501 sqft, the living space is efficient and above the citywide average, though it is on the more modest side for its immediate street and the Fraipont area. This suggests a well-designed floor plan rather than sprawling square footage.

The property’s strength is highlighted by its assessed value, which ranks consistently above average on its street, in the neighbourhood, and citywide. This indicates a solid investment profile and recognition of its quality and condition. The attached garage and standard lot size complete the practical offering.

This home would suit first-time buyers or downsizers seeking a modern, low-maintenance property without the premium for the largest homes on the block. It’s also a sensible fit for value-conscious buyers who prioritize newer construction (and the accompanying warranties and efficiency) and a strong assessment profile over having the biggest yard or most square footage in the neighbourhood.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to others nearby?
While its living area is above the Winnipeg average, it is below the average for both Eau-Claire Drive and the broader Fraipont area. This points to a home with an efficient layout among larger neighbouring properties.

2. What does the assessed value ranking indicate?
The assessed value is in the top 21% on its street and top 13% citywide. This strong ranking suggests the property is valued highly relative to its peers, often reflecting factors like its new condition, renovations, and overall desirability.

3. Is the lot size a drawback?
The land area is average for the street and neighbourhood but below the citywide average. This is typical for newer developments and translates to less exterior maintenance, which can be a benefit for many buyers.

4. What can recent sold prices tell us?
The home sold in early 2024 for a price that placed it in the top 4-6% of local sales, a significant jump from its 2022 sale price. This steep appreciation underscores strong market demand for this specific property.

5. Who might the neighbouring properties appeal to?
Immediate neighbours on Eau-Claire Drive, built around the same time (2021-2022), offer very similar living areas and assessed values. This creates a consistent, modern streetscape and provides excellent comparables for valuation.