Property Overview
This two-storey home at 13 Wapta Crescent in Fraipont is a modern, low-maintenance property built in 2019. Its key appeal lies in its balance of being a relatively new build within an established neighbourhood, offering move-in readiness without the uncertainties of an older home. With 1,694 sqft of living space and a renovated basement, it provides practical, contemporary living. The attached garage and standard lot size round out the classic suburban package.
The home suits first-time buyers looking for a modern property without a premium "brand new" price tag, or downsizers seeking a manageable layout without extensive upkeep. Its assessed value sits above average for both Fraipont and Winnipeg overall, suggesting a solid perception of value by the city assessor. A thoughtful perspective is that while the lot is typical for the street, it is above average for the immediate area, offering a slight relative advantage in Fraipont. The sales history shows significant appreciation between its 2019 and 2022 sales, indicating strong past demand for homes in this specific location and age bracket.
Frequently Asked Questions
How does this home compare in size to others nearby?
At 1,694 sqft, the living area is very close to the average for both Wapta Crescent and the wider Fraipont area, making it a typical, spacious family home for this community.
Is the property assessed above or below its likely market value?
The assessed value of $534,000 is above the average for both the neighbourhood and the city, placing it in the top 23% in Fraipont. This typically indicates the city views it as a higher-value property within its market, though market conditions will determine the final sale price.
What does the sale history tell us?
The home sold new in mid-2019 and again in mid-2022 for a notably higher price. This pattern shows strong value growth in its first few years, which is consistent for a newer home in a stable area.
How does the lot size compare?
The 4,696 sqft lot is slightly smaller than the street average but is actually above the average lot size for the broader Fraipont area, making it a good fit within the local context.
Are there many other homes of a similar age nearby?
Built in 2019, it is one of the newer homes on Wapta Crescent (ranking in the top 8%). City-wide, it's among the top 4% of homes by age, meaning it is significantly newer than the average Winnipeg home built in 1966.