Property Overview: 223 Bonaventure Drive W, Fraipont
Section 1: Key Characteristics & Appeal
This one-storey home, built in 2019, presents a modern, low-maintenance living option in Winnipeg's Fraipont area. Its key characteristic is its contemporary age, ranking it among the newest 4% of homes citywide—a significant advantage for buyers seeking modern building standards, energy efficiency, and minimal immediate repair concerns. The property sits on a roughly 5,000 sqft lot, which is above average for the Fraipont neighbourhood, offering decent outdoor space.
The primary appeal lies in its value proposition and move-in readiness. The home's assessed value is notably above the citywide average, yet its living space (1,200 sqft) is compact and efficient. This combination suggests a well-built, modern home that prioritizes quality and lot size over sheer square footage. It features an attached garage and a full, unrenovated basement, providing essential storage and future expansion potential.
This property would best suit first-time homebuyers, downsizers, or pragmatic investors looking for a newer construction home without a premium price tag. It’s ideal for those who value a modern foundation (like updated electrical and plumbing) and a manageable yard, and who are comfortable with a cozy living footprint or see the unfinished basement as a canvas for future customization.
Section 2: Frequently Asked Questions
1. Is this a small house?
Yes, at 1,200 sqft, it is below the average size for both its immediate street and the Fraipont area. However, it is very close to the average size for the entire city, offering a efficient, manageable layout typical of newer builds.
2. Why is the assessed value higher than many nearby homes?
The assessed value is strong citywide, likely reflecting the home's modern build year (2019). Assessments factor in age, construction quality, and lot size, and newer homes often carry higher valuations due to depreciating slower than older stock.
3. What does "below average" for living area on the street mean for me?
It confirms this is one of the more compact homes on Bonaventure Drive W. This could translate to lower utility costs and less upkeep, but it's important to ensure the layout meets your spatial needs, as neighbouring homes are generally larger.
4. The basement is "not renovated." What should I expect?
This means the lower level is unfinished. It will have bare walls, concrete floors, and open ceiling joists, but it is a full basement offering significant storage and the potential to be finished into additional living space in the future, subject to permits and investment.
5. How does the lot size compare?
At just under 5,000 sqft, the lot is above average for Fraipont, providing good private outdoor space. While not the largest lot citywide, it is a strong feature for the neighbourhood, balancing yard space with low maintenance.