117 Wapta Crescent

Property Overview: 117 Wapta Crescent, Winnipeg

Key Characteristics & Appeal

This well-situated two-storey home in Fraipont offers a balanced, modern living package. Built in 2018, it presents a low-maintenance advantage with contemporary systems and finishes, including a renovated basement. The 1,594 sqft living space is efficiently sized, ranking around average for its immediate street and neighbourhood but above average city-wide, suggesting a solid footprint for the area. Its appeal is anchored in its relative newness within a Winnipeg context—it’s in the top 4% city-wide for year built—meaning major components like the roof, HVAC, and windows are likely in excellent condition.

The property stands out for its generous 5,786 sqft lot, which is above average for both the street and the Fraipont neighbourhood, offering valuable outdoor space for gardening, play, or future expansion. With an attached garage and a recent sale in mid-2024, it reflects current market activity. This home would suit practical buyers seeking a move-in-ready property without the concerns of an aging structure, as well as those who value a larger lot in a newer community. It’s a strong fit for young families or professionals looking for a modern home in a developing area, offering a blend of space, condition, and neighbourhood comparability.

Frequently Asked Questions

1. How does this home’s value compare to others nearby?
Based on assessed value, this home is around average for Wapta Crescent and Fraipont but ranks above average (top 18%) compared to the entire city, indicating it holds its value well in the broader market.

2. What does the “renovated basement” include?
The listing confirms a renovated basement but does not specify the finishes or layout. This would be a key point to clarify with the seller or listing agent to understand if it’s a legal suite, a recreational space, or additional bedrooms.

3. Is the lot size a significant advantage here?
Yes. The land area is notably larger than many lots in Fraipont (top 9% in the neighbourhood), which is a less obvious but valuable asset for privacy, outdoor use, and potential future value.

4. The home sold recently in 2024. What does that mean for me?
A very recent sale means the current price is likely aligned with the latest market conditions. It also suggests a motivated seller, but it’s wise to understand their reason for moving so quickly after purchase.

5. How does the living space feel for a family?
At 1,594 sqft, it is slightly below the current street and neighbourhood average. For some, this indicates efficient, modern design without wasted space. For others, it may feel compact, so evaluating the specific floor plan layout is essential.