Property Overview: 243 Crestmont Drive, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 2020, offers modern living in the Fraipont neighbourhood. Its key appeal lies in a balanced combination of a newer build, a generous lot, and a practical layout. With 1,529 sqft of living space, the home is competitively sized for the area and notably above the city-wide average, providing ample room for a growing family or those who value space. A significant characteristic is the land: at 4,477 sqft, the lot size ranks well above average for both the street and the immediate area, offering more outdoor space than many newer builds in the community. The home includes an attached garage and a basement (not renovated), presenting a blank canvas for future expansion.
The property suits first-time buyers or young families seeking a modern home without the premium of a brand-new construction, and who prioritize a larger yard. Its assessed value positions it as a more accessible option within its own street and Fraipont, suggesting potential value relative to its immediate peers. A thoughtful perspective is that this home offers the benefits of a newer build—like modern building codes and efficiency—while the unrenovated basement allows the next owner to customize the space to their needs and budget without needing to undo someone else’s renovations.
Frequently Asked Questions
1. How does this home’s value compare to others on the street?
The home’s assessed value is below the average for Crestmont Drive, which could indicate a value opportunity or reflect specific features of the property. It’s advisable to view comparable recent sales for the most accurate picture.
2. What does the "basement, not renovated" condition mean?
The basement is functional but finished with basic materials, offering a clean slate. This can be an advantage for buyers who wish to finish the space to their own taste and schedule, potentially adding significant value.
3. Is the lot size a major advantage?
Yes. The lot is larger than most on the street and in Fraipont, which is uncommon for newer homes. This provides more private outdoor space, room for gardening, play, or future additions like a deck or shed.
4. The home sold in early 2021. What does that history tell us?
The 2021 sale price reflects the purchase of a nearly new home. The market has evolved since then, so a current assessment and comparison to very recent sales are essential to understand its present market value.
5. Who are the typical neighbours?
Given the uniform build dates on the street, the neighbourhood likely consists of other young families and professionals who moved into these homes around the same period, fostering a community with similar life stages.