Property Overview: 199 Crestmont Drive, Winnipeg
Key Characteristics & Appeal
This two-storey home at 199 Crestmont Drive in the Fraipont neighbourhood is a modern, low-maintenance property built in 2021. Its key appeal lies in being a relatively new construction, which means fewer immediate repair concerns and modern building standards. With 1,433 sqft of living space, three bedrooms, and an attached garage, it offers a practical layout for everyday living.
The home’s standout characteristic is its context. While its size and assessed value are below average for its immediate street and neighbourhood, it is a notably newer home compared to the vast majority of Winnipeg’s housing stock. This presents a unique value perspective: you are acquiring a modern home in a settled area, potentially at a different price point than larger, older homes nearby. The lot is compact (3,689 sqft), which translates to less yard upkeep—a plus for those seeking a lock-and-leave lifestyle or who prefer to spend weekends elsewhere.
This property would suit first-time buyers or downsizers looking for a turnkey, modern home without the premium often attached to brand-new builds in developer-run subdivisions. It’s also a sensible choice for pragmatic investors or buyers who prioritize efficient, newer mechanical systems and insulation over sheer square footage or lot size.
Frequently Asked Questions
1. Is this a good value for the money?
Value depends on priority. If modern construction and lower maintenance are top priorities, this newer home offers that within a mature neighbourhood. If maximum square footage or lot size for your budget is the goal, older homes in the area may provide more space.
2. What does the "below average" ranking for size and value on its street mean?
It means that compared to other homes on Crestmont Drive, this house is on the smaller side and has a lower assessed value. This isn’t inherently negative; it often reflects the home being newer and built on a more modest scale compared to older, possibly larger or more renovated houses on the same block.
3. Why is the city-wide ranking for the year built so high ("Elite – Top 2%")?
This highlights a key point: Winnipeg has a large stock of older homes. A build date of 2021 is very recent compared to the city’s median, placing this home in a rare category for its newness. This is a major advantage in terms of roof, windows, appliances, and systems likely being under warranty or with much life remaining.
4. What is the neighbourhood (Fraipont) like?
Fraipont is an established residential area. The presence of many homes built in the same recent period (2020-2022) on this street and nearby, as shown in the comparable listings, suggests it’s a pocket of new development within the larger, older neighbourhood, offering a blend of fresh infrastructure and established community.
5. How can I find out the exact historical sold price?
The exact sold price is not publicly displayed in the listing data. You can request it by email via the "Get exact sold price history" button on the property page. The service is manual, with a promised reply by the end of the same day, and your email will not be used for unsolicited marketing.