Property Overview: 88 Crestmont Drive, Fraipont

Section 1: Key Characteristics & Appeal

This two-storey home at 88 Crestmont Drive is a modern property, built in 2020, offering a move-in-ready foundation in the Fraipont neighbourhood. Its key appeal lies in its balance of space, age, and value within a newer community. With 1,668 sqft of living space, it sits above the city-wide average, providing ample room for a growing family or those seeking a spacious layout without an oversized footprint. The home features an attached garage and a full, unrenovated basement, presenting a blank canvas for future expansion or customization.

The property’s strength is its relative newness compared to the broader Winnipeg market, placing it in the top 3% city-wide for year built. This suggests lower immediate maintenance costs and modern building standards. Its assessed value is above the city median, yet it remains competitively positioned within its own street and area, indicating it is a solid, average-priced home for Fraipont. The lot size is typical for the neighbourhood but smaller than the city average, prioritizing low-maintenance outdoor space.

This home would best suit buyers looking for a modern, turn-key property in a developing area, who value space and contemporary construction over a large yard. It’s ideal for professionals or families wanting a home that won’t require major updates for years to come, set in a community of similar, recently built houses.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The assessed value is very close to the average for both Crestmont Drive and the wider Fraipont area, suggesting it is fairly priced in line with the local market without significant premium or discount.

2. What does the “unrenovated basement” mean for me?
The basement is finished but not updated since the home was built. This is a positive for buyers who prefer to customize the space to their own taste, as there are no outdated renovations to remove. It represents potential rather than an immediate project.

3. The lot is noted as smaller than the city average. Is that a concern?
The lot is standard for this newer neighbourhood, where homes are often built closer together. This typically means less yard maintenance, which can be an advantage for busy households, but may not suit those prioritizing extensive private outdoor space.

4. The home sold in 2020. Is there a reason for a potential resale?
As a 2020 build, the initial sale was likely the original purchase from the builder. A resale now is common for newer homes, often due to life changes like job relocation or family size adjustment, not necessarily issues with the property.

5. Are properties on this street consistent?
Yes. Listings for nearby homes on Crestmont Drive show very similar year-built (2020-2022), living area, and assessed values, indicating a uniform, modern streetscape with stable property values.