Property Overview & Key Characteristics
This one-storey home at 247 Bonaventure Drive E in Winnipeg’s Fraipont neighbourhood presents a compelling blend of modern convenience and long-term value. Built in 2018, it offers a move-in-ready foundation with a renovated basement. The 1,571 sqft living space is efficiently sized, ranking above average citywide. Its true standout features are the generous 9,129 sqft lot—significantly larger than most in the area—and an assessed value that places it in the elite tier for its neighbourhood and city, suggesting strong underlying value and desirability.
The appeal lies in its balance. You get a relatively new home that minimizes immediate repair concerns, paired with a substantial parcel of land that is increasingly rare in newer subdivisions, offering ample space for gardening, recreation, or future expansion. The attached garage and modern baseline add to its practicality. This property would best suit buyers looking for a long-term family home with room to grow outdoors, or value-focused purchasers who understand that a high assessment on a large lot in a solid neighbourhood often signals a resilient investment. It’s a home for those who prioritize land size and established value over having the largest interior square footage on the block.
Frequently Asked Questions
1. What does the "Elite" or "Top 2%" assessed value ranking actually mean for me?
It indicates the home’s municipal assessment is among the highest in Fraipont, which typically reflects factors like lot size, building quality, and recent sales in the area. This can be a marker of a premium property within its market, but it’s important to have a current market evaluation to understand today’s selling price.
2. The living area is noted as "around average" for the street. Is the house small?
Not at all. At 1,571 sqft, it is above the Winnipeg city average. The comparison shows that while the interior is comfortably sized, the home’s standout attributes are its large lot and high assessed value relative to its peers.
3. Is the large lot a usable space, or is it an odd shape?
While the listing confirms the size, viewing the property or checking a survey map is recommended to understand the lot’s layout, topography, and any potential easements to fully gauge its usability for your needs.
4. The home sold recently in late 2024. Why would it be back on the market so soon?
This summary is based on historical data. The sale recorded for 12/2024 is part of the price history for the address. The property may not currently be for sale; this profile is for informational and valuation context.
5. How does a renovated basement affect the living space and value?
A renovated basement adds functional living area (though not always included in official square footage) and enhances the home’s utility and appeal. It’s a key feature that adds to the move-in-ready condition and overall value proposition of the property.