Property Overview: 162 Crestmont Drive, Fraipont
Key Characteristics & Appeal
This is a modern, two-storey home built in 2020, offering a move-in-ready opportunity with a renovated basement. Its key appeal lies in its balance of contemporary living and practical value. With 1,570 sqft of living space, it sits comfortably above the city-wide average, providing ample room for a growing family or those who appreciate a sense of space. The attached garage adds everyday convenience.
The home’s assessed value is notably strong, ranking above average both on its street and city-wide, suggesting a solid investment in a desirable area. A thoughtful perspective is that while the lot size is more compact compared to older city neighbourhoods, this is typical for newer subdivisions and translates to less exterior maintenance. The property suits first-time buyers seeking a modern home without major renovations, or young families looking for a turnkey property in a community of similar, recent builds. Its appeal is pragmatic: it’s a relatively new, low-maintenance home in a neighbourhood where it holds its value well.
Frequently Asked Questions
1. How does this home compare to others on the street?
It holds an above-average assessed value for Crestmont Drive, but has a slightly smaller lot and is a few years older than the immediate street average. This can represent a value opportunity, offering similar modern amenities at a potentially accessible point.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to verify with the seller or agent to understand if it’s a finished recreational space, contains additional bedrooms, or has a separate entrance.
3. Is the sold price history available?
The exact sold price is not publicly listed. The provided data shows a sale occurred in April 2020 with a broad range. You can request the precise historical sold price directly via the website’s email service.
4. What are the annual property taxes?
The assessed value is $49,300. To estimate annual taxes, multiply this value by the current municipal and education tax rates for Winnipeg. Your real estate agent or the city’s tax calculator can provide the exact figure.
5. Why is the city-wide ranking for the year built so high (Top 3%)?
This highlights the home’s modernity relative to the entire Winnipeg housing stock. With a city-wide average build year of 1966, a 2020 build is considered very new, suggesting fewer immediate repair concerns and modern building standards.