116 Bonaventure Drive E

Property Overview: 116 Bonaventure Drive E, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in the Fraipont neighbourhood presents a compelling blend of space, modernity, and established value. Built in 2017, it offers the benefits of a relatively new construction without the premium of a brand-new build. Its primary appeal lies in its generous scale: at 2,340 sqft, the living area ranks in the top 5% on its street and top 2% within Fraipont, providing ample room for families. The property sits on a well-sized lot (over 5,200 sqft) that is above average for the area, offering good outdoor space. With an attached garage and an unrenovated basement, it provides both convenience and potential for future customization.

The home’s assessed value positions it as a solid, above-average investment within its immediate and citywide markets. It suits buyers looking for a move-in ready family home in a mature neighbourhood, who prioritize space and a modern build year over a fixer-upper project. A thoughtful perspective is that while the home is newer than most in the city overall, it is actually slightly older than the average in Fraipont itself, suggesting the area is in high demand for new construction. This positions the property as a well-established option in a developing community.

Section 2: Frequently Asked Questions

1. How does the property’s size compare to nearby homes?
The living space is notably larger than comparable homes, ranking in the elite top 2% within the Fraipont area. This means you get significantly more interior space than most homes in this neighbourhood.

2. What is the potential for future value or expansion?
The existing basement is unrenovated, offering a clear opportunity to add finished living space and value. The lot size is also above average for Fraipont, which could allow for future additions like a deck or shed, subject to local bylaws.

3. Is the assessed value a reliable indicator of the selling price?
The assessed value is a strong benchmark, ranking in the top 10-13% for the area and city. It reflects the property’s official valuation for tax purposes, but the final sale price will be determined by current market conditions.

4. How does the build year affect this home?
Built in 2017, the home is newer than 95% of Winnipeg’s housing stock, suggesting modern building standards and less immediate maintenance. However, in the specific context of Fraipont, it is slightly older than the neighbourhood average, indicating you are buying into an area that has seen more recent development.

5. Where can I find the exact historical sale price?
The exact sold price from May 2017 is not publicly displayed in detail here. You can request the precise figure via email from the listing service; they provide this data manually without using your email for unsolicited marketing.