Property Overview: 118 Eau-Claire Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in the Fraipont neighbourhood is a modern property, built in 2023. Its key characteristic is its newness, ranking it among the newest 1% of homes both on its street and citywide. With 1,559 sqft of living space, it offers above-average roominess compared to the typical Winnipeg home. The property sits on a 4,309 sqft lot, which is notably larger than most others on Eau-Claire Drive, providing valuable outdoor space in a newer subdivision.
The appeal lies in acquiring a nearly new build that requires no immediate major renovations, coupled with the practical benefits of an attached garage and a full basement ready for future finishing. Its assessed value positions it as a solid, mid-range property within its immediate area, suggesting a manageable entry point for the neighbourhood.
This home would suit buyers looking for a modern, move-in-ready house who prioritize a newer construction to avoid the maintenance and update costs of an older home. It’s also a practical choice for those who value a bit more private yard space than is typical for newer lots on the same street.
Section 2: Frequently Asked Questions
1. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This presents both a blank canvas for future living or storage space and a potential project for the buyer.
2. How does this home compare to others on the street?
The data shows it is one of the newest homes on Eau-Claire Drive and has a larger-than-average lot for the street. Its living space is slightly below the street's average, while its assessed value is very close to the street's median.
3. What is the likely property tax based on the assessed value?
With an assessed value of $47.90k, property taxes can be estimated by multiplying this figure by the current City of Winnipeg mill rate. For the most accurate estimate, it's best to calculate using the latest mill rate or consult the city's tax calculator.
4. The sold price history shows a range for 2023. Why is that?
The listed sold price is an estimated range derived from public data. To obtain the exact sale price from when the home was last sold, you must request it directly via the provided email service on the listing page.
5. The city-wide assessed value comparison seems unusual. Why?
You'll notice the "city-wide average" for assessed value is listed as $390k, which is much higher than this home's $47.90k assessment. This is likely a display error or data anomaly in the source material, as it is not logically consistent. The more relevant comparisons are the street and neighbourhood averages, which are both around $50k-$51k.