Property Overview: 157 Bonaventure Drive E, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fraipont offers a practical, modern foundation. Built in 2016, it provides the benefits of a relatively newer construction, including likely updated building codes and materials, without the premium of a brand-new build. With 1,628 sqft of living space and an attached garage, it fits the standard for a growing family or a professional couple. The lot size of just over 5,000 sqft is notably above average for the Fraipont area, offering more private outdoor space than many neighbouring properties.
The appeal here is one of balance and positioning. While the home’s size and assessed value are fairly typical for its immediate street and neighbourhood, it stands out favourably in a city-wide context, offering more space and a newer build than the Winnipeg average. The unrenovated basement presents a blank canvas for future expansion or customization. This property would suit value-conscious buyers looking for a solid, low-maintenance home in a established area, who may prioritize a larger lot and newer build over a fully updated interior. It’s a home that offers a comfortable entry into a desirable neighbourhood with the potential to add value over time.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It is a newer build (2016) compared to many on Bonaventure Drive E, but its living area is slightly below the street average. Its key differentiator is the lot size, which is larger than many nearby properties.
2. What does "above average citywide" mean for me?
While the home is comfortably average within its own neighbourhood, its living area, assessed value, and year built all rank well above the median for the entire city of Winnipeg. This suggests strong fundamentals and a good relative value if you're comparing across different areas.
3. The basement is noted as "not renovated." What should I expect?
This typically means the basement is unfinished or partially finished in a basic, builder-grade state. It has the necessary rough-ins and structure but requires investment to become a fully livable space, allowing you to customize it to your needs.
4. The home sold in 2023. Why is the exact price not listed?
Exact sale prices in Manitoba are not publicly accessible data. The range provided is an estimate based on available assessment and market data. The listing service offers to provide the verified sale price manually upon request to ensure accuracy.
5. Is the assessed value the same as the market value?
No. The assessed value ($$48,500) is for municipal tax purposes only and is typically much lower than market value. Market value is determined by what buyers are currently willing to pay, influenced by recent sales of comparable homes, condition, and market trends.