Property Overview
This two-storey home at 24 Bonaventure Drive E in Winnipeg's Fraipont neighbourhood presents a balanced, modern offering. Built in 2017, it features 1,853 sqft of living space, an attached garage, and a full (unrenovated) basement on a 5,070 sqft lot. Its appeal lies in its relative newness within a mature city context, offering contemporary construction without the premium of a brand-new build. The home sits comfortably above the citywide average for living space and assessed value, yet it aligns closely with the averages for its own street and neighbourhood, suggesting it is a typical and well-proportioned home for the area. It would suit buyers seeking a move-in ready, low-maintenance property from the last decade, particularly those who value being in an established community but in a home that's still young enough to avoid major near-term repairs.
Key Considerations & FAQs
1. How does this home compare in value to its neighbours?
The data shows this property is very much in the middle of the pack for Bonaventure Drive E and Fraipont in terms of assessed value and size. It’s not an outlier, which can be positive for stability and resale, but it also means it doesn’t offer a standout feature like a significantly larger lot or more modern renovation compared to immediate peers.
2. What does the sold price history indicate?
The home sold in July 2024 for an estimated $62.5k–$65.5k, which placed it in the top 14% of sale prices for the street at that time. This is a notable increase from its prior sale in 2017 (~$39.5k–$42.5k), reflecting strong appreciation. The recent premium sale price suggests it may have been in superior condition or had desirable updates not captured in the basic "unrenovated basement" description.
3. Is the basement finished?
The listing specifies the basement exists but is "not renovated." Buyers should assume it is an unfinished space, offering potential for future customization but requiring investment to become livable square footage.
4. How does the lot size impact the property?
At 5,070 sqft, the lot is above average for the Fraipont neighbourhood but slightly below the average for the street itself. This offers a good balance of outdoor space for a newer home without excessive yard maintenance.
5. What is the significance of the 2017 build year?
While a 2017 build is considered modern citywide (top 5%), it is actually below the neighbourhood average, as Fraipont has many newer homes. This means the home benefits from modern building standards and efficiency, but may not feel as "new" within its immediate local context. Major components like the roof, HVAC, and appliances are likely still within their typical lifespan.