Property Overview: 134 Whitehorn Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fraipont is a modern property, built just two years ago in 2024. Its key characteristic is its newness, ranking it among the newest 1% of homes citywide. With 1,587 sqft of living space, it offers above-average roominess compared to the Winnipeg average, and includes an attached garage and a basement (not renovated).
The primary appeal lies in acquiring a nearly new build, which typically means fewer immediate maintenance concerns and modern construction standards. The home sits on a smaller lot (3,182 sqft), which is a trade-off: it requires less yard upkeep but offers less private outdoor space. Its assessed value of $470k positions it as an above-average offering citywide, but is fairly typical for its immediate street and neighbourhood.
This property would best suit buyers prioritizing a modern, move-in ready home who prefer a low-maintenance yard. It’s a strong match for professionals or small families looking for a contemporary layout in a developed neighbourhood, without the wait or uncertainties of a new construction project. A thoughtful perspective is that this home offers the benefits of new construction while being in an established area where nearby property values and neighbourhood dynamics are already evident, reducing some of the unpredictability of brand-new subdivisions.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
The lot is below average in size for the street, neighbourhood, and city. This means lower maintenance for landscaping and snow clearing, but may limit options for future expansions like large decks, pools, or additions.
2. What does "basement, not renovated" imply?
The basement is unfinished. This provides a blank canvas for future development to suit your needs (e.g., a rec room, home gym, or suite), but requires a separate investment of time and money to complete.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value ($470k) is for municipal tax purposes. Recent nearby sales data suggests a sold price range between $495k and $525k, which is typically a more current and accurate market indicator.
4. How does the home's age compare to others in the area?
It is significantly newer than the Winnipeg average (1966) and is among the newest 1% of homes in the broader Fraipont area, making it a standout in terms of modern age within an established community.
5. What are the key comparisons for understanding this home's value?
The most relevant comparisons are on its own street (Whitehorn Crescent) and in the Fraipont neighbourhood. Here, its living space and assessed value are around average, but its year built is elite. This highlights you are paying primarily for a modern structure in a settled location.