Property Overview: 123 Crestmont Drive, Fraipont
Key Characteristics & Appeal
This two-storey home at 123 Crestmont Drive is a modern, low-maintenance property built in 2020. Its primary appeal lies in its efficient, move-in-ready layout and its position within a newer, developing neighbourhood. With 1,666 sqft of living space, it offers above-average roominess for both its immediate street and the city overall, without being overly large. A significant characteristic is the generous 4,869 sqft lot, which places it in the top 8% for land size on Crestmont Drive, offering notable outdoor space for a newer subdivision home. The home features an attached garage and a basement (unrenovated), providing functional space and future potential.
The property suits first-time buyers or young families seeking a contemporary home without the concerns of aging infrastructure. It also appeals to practical buyers who value a newer build’s energy efficiency and lower immediate repair costs. A thoughtful perspective is its assessed value positioning: while average for the street and Fraipont, it ranks in the top 24% citywide, suggesting it represents a strong value proposition compared to Winnipeg’s older housing stock. The appeal is grounded in a balance—modern comforts, a sizeable lot, and a sensible footprint that avoids the premium of a fully customised or recently renovated home.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is not renovated. This presents a blank canvas for future expansion but requires budgeting for any desired developments.
2. How does this home compare to others on the street?
The home is newer than most on its street (ranking in the top 72%, meaning 72% of comparable homes on Crestmont are newer). However, it boasts a larger-than-average living area and a significantly larger lot size compared to its immediate neighbours.
3. What is the neighbourhood like?
Fraipont is a newer community. The consistent year of construction for nearby comparable properties (mostly 2020-2022) indicates a uniform, modern streetscape with likely similar demographics of recent buyers.
4. Why is the citywide assessed value ranking so much higher than the local ranking?
This highlights the age difference between newer suburbs and the city as a whole. While this home’s value is typical for Fraipont, it ranks highly citywide because Winnipeg has a large inventory of older homes (citywide average year built is 1966), making a 2020 build relatively elite in terms of modernity.
5. Where can I find exact historical sold prices?
Exact sold prices are not publicly displayed in detail here. The listing service offers to provide the precise sale history via email request, which they handle manually without using the contact for unsolicited marketing.