Property Overview: 203 Crestmont Drive, Fraipont
Key Characteristics & Appeal
This is a modern, two-storey home built in 2021, offering a move-in ready foundation in the established Fraipont neighbourhood. With 1,529 sqft of living space and an attached garage, it provides a practical layout for everyday living. Its primary appeal lies in its contemporary construction, which means fewer immediate maintenance concerns compared to older homes, and its position on a street of similar, newer properties.
The home sits in a interesting value position. Its assessed value is below average for its immediate street and neighbourhood, which could present an opportunity, but it's essential to understand this in context. The home is notably newer than the vast majority of the city's housing stock, ranking in the top 2% citywide for year built. This modern age is a significant, less obvious advantage that balances its more average metrics for size and land area within Fraipont.
This property would best suit first-time buyers or small families looking for a modern home in a mature area without the premium often attached to brand-new subdivisions. It’s also a sensible choice for practical buyers who prioritize recent construction and predictable upkeep over having the largest lot or the most customized finishes.
Frequently Asked Questions
1. Why is the assessed value below the neighbourhood average?
While below the average for Crestmont Drive and Fraipont, the assessment reflects a specific point-in-time valuation. Given the home's very recent build year (2021), this may indicate different upgrade levels or simply the assessed values not yet fully aligning with recent market conditions for newer homes in the area.
2. What does the "Elite" ranking for year built mean?
This means the home is newer than approximately 98% of all residential properties in the city. For a buyer, this translates into modern building standards, newer major systems (like HVAC and plumbing), and potentially lower repair costs in the near term.
3. Is the living space sufficient for a growing family?
At 1,529 sqft, it is slightly below the average for the street but provides a standard layout for a 3-4 bedroom home. It's a efficient size, suitable for a young family, but those needing extensive space for activities or home offices should carefully consider their needs.
4. How does the lot size compare?
The 3,689 sqft lot is fairly typical for the street and neighbourhood. It provides adequate outdoor space for a patio, garden, or play area but is below the much larger citywide average, as many older neighbourhoods have more substantial lots.
5. Can I get the exact historical sale price?
The listed sale range is based on public data. The exact sale price is available by request directly from the site, which will provide it via email without using your address for unsolicited marketing.