Property Overview: 21 Crestmont Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fraipont is a modern, above-average property that stands out for its spaciousness and valuation within its immediate neighborhood. Built in 2020, it offers a move-in-ready foundation with a renovated basement and an attached garage. The primary appeal lies in its generous 2,014 sqft of living area, which ranks in the top 5% of homes on Crestmont Drive, offering more interior space than most comparable properties nearby. Its assessed value is also elite for the street, placing in the top 4%, suggesting a strong perceived value relative to its neighbors.
The home suits buyers looking for a modern build in a well-established area, prioritizing interior square footage over a large yard, as the lot size is more typical for the local suburb. It’s an ideal fit for professionals or growing families who value contemporary amenities, low-maintenance living from a newer build, and a property that already holds a leading position on its street in terms of size and assessment value. A thoughtful perspective is that while the home is newer than many on its specific street, it is significantly newer than the Winnipeg city-wide average, offering modern construction standards in a mature community.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value is in the top 4% on its own street and the top 13% in the broader Fraipont area, indicating it is valued higher than most comparable homes nearby, which often reflects factors like size, condition, and improvements.
2. Is the lot size typical for the neighborhood?
Yes. The land area of just under 4,000 sqft is slightly above average for Crestmont Drive and is very typical for the Fraipont area, though it is smaller than the average lot city-wide.
3. What is the significance of the sold price history from 2021?
The sold price range shown (2021) provides a historical benchmark, but the current assessed value has increased significantly since then. For the exact sold price, you can request the information via email from the listing source.
4. The home is newer than many on its street. What does this mean?
Built in 2020, the home is newer than about 72% of homes on Crestmont Drive. This suggests you benefit from modern building codes, materials, and systems, while the street itself is a mix of older and newer homes.
5. What does the "top 5%" ranking for living area actually mean?
This statistic means that, among 163 comparable homes on Crestmont Drive, only 7 have a larger living area. It highlights that this property offers more interior space than the vast majority of its direct neighbors.