Property Overview: 231 Bonaventure Drive W, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2018, offers modern living in Winnipeg's Fraipont area. Its key characteristic is balance: it presents a well-maintained, contemporary property without the premium often attached to brand-new builds. The living space (1,477 sqft) is comfortable and efficient, positioned as a manageable size that is notably newer than most city-wide comparables. A renovated basement adds functional space and immediate value.
The appeal lies in its positioning within the market. While the home's size is modest for its immediate street and neighborhood, its assessed value stands out as above average city-wide, suggesting solid fundamentals and potential for stability. The lot size is generous for the Fraipont area, offering good outdoor space relative to local norms. This combination of a newer build, a renovated basement, and a practical lot creates a low-maintenance, move-in-ready profile.
This property would suit first-time buyers or downsizers seeking a modern home without the wait or uncertainty of new construction. It’s also a pragmatic fit for investors or buyers looking for a property with recent updates in a stable area, where the numbers show a history of reasonable value retention compared to the broader city.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,477 sqft, the living area is below the average for both Bonaventure Drive W and the wider Fraipont area. This indicates a more efficient, potentially easier-to-maintain footprint compared to many neighbors, which can be an advantage for those not needing maximum square footage.
2. What does the assessed value tell us?
The assessed value is above the city-wide average, a positive sign of its relative worth in the broader market. However, it is around average for its own street and neighborhood, suggesting it is priced in line with its immediate community—a point for negotiation consideration.
3. The home was last sold in 2019. What might that mean?
A single sale in the last six years suggests a period of stable ownership. For a buyer, this can indicate a well-cared-for home without frequent turnover, though it also means less recent sales data is available to gauge current price trends on this specific property.
4. Is the lot size a pro or a con?
The land area (4,955 sqft) is above average for Fraipont, which is a significant plus for outdoor space in that community. On a city-wide scale, it is around average. This highlights that one of this property's strengths is its relative lot size within its own desirable neighborhood.
5. You mention a renovated basement. What isn’t stated here?
The details provided confirm the basement is renovated but do not specify the scope, quality, or permitted status of the work. A key next step would be to inquire about the nature of the renovation, what it includes, and whether proper permits were obtained to ensure the work meets code.