Property Overview: 186 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, placing it among the newest 1% of homes in both the wider neighbourhood and the entire city. With 1,518 sqft of living space, a renovated basement, and an attached garage, it offers a move-in ready, contemporary layout.
The appeal lies in acquiring a nearly new home without the wait of a build, likely featuring modern finishes and systems. The property sits on a 3,484 sqft lot, which is a comfortable size for the area but is more compact compared to many older city lots—this translates to lower maintenance. Its assessed value is notably above the citywide average, yet it ranks below average for the Fraipont area, suggesting it may represent a value proposition within this specific, newer community.
This home would suit first-time buyers or young families seeking a modern, low-maintenance property in a developing neighbourhood. It’s also a practical choice for those who prioritize newer construction (and the warranties and efficiency that often come with it) over a larger, established yard.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to its neighbours?
The home’s assessed value is around average for its own street but is actually below the average for the broader Fraipont area. This indicates it might be competitively positioned within this specific, newer community.
2. Is the lot size a concern?
The lot is above average for Whitehorn Crescent but below average for both Fraipont and Winnipeg overall. It provides adequate private outdoor space for a deck or patio but is not suited for those wanting extensive gardens or sprawling lawns.
3. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the finish. Buyers should inquire whether it’s a legal suite, a recreational room, or additional living space, and confirm if permits were obtained for the work.
4. Why is the citywide assessed value comparison so different?
The home’s assessed value is above the citywide average because it’s a new build among Winnipeg’s much older housing stock (average year built 1966). Within its own newer neighbourhood of Fraipont, however, it aligns with more comparable, modern properties.
5. What are the implications of the home being only 2 years old?
This typically means modern building codes, newer appliances, and remaining coverage on builder warranties for major components. It also suggests that major replacement costs (roof, furnace, etc.) are far in the future, but property taxes will be based on its newer, higher assessed value.