Property Overview & Key Characteristics
This home at 275 Bonaventure Drive E is a substantial and modern two-storey residence in Winnipeg's Fraipont area. Its primary appeal lies in its elite combination of size, newness, and premium valuation. With over 3,160 sqft of living space, it ranks in the top 1% for size both on its street and in the entire city. Built in 2022, it is essentially a new home with the benefit of a settled lot and established neighbourhood. The property sits on a large, private lot of over 8,600 sqft, which is notably spacious for the area. A renovated basement and attached garage add to the functional living space. The home’s assessed value of $1.01M and recent sale price just above that confirm its high-market position.
This property is ideally suited for buyers seeking a move-in-ready, luxury-sized home without the wait or uncertainties of new construction. It fits professionals or families who prioritize modern amenities, ample room for growth, and a premium address. The data suggests it’s not just a large house, but a statistically standout property in its class, offering a rare blend of contemporary build quality and generous proportions on a sizable lot.
Frequently Asked Questions
1. What does the "top 1%" ranking actually mean for a buyer?
It means this home outperforms 99% of comparable properties in Winnipeg for living area and year built. This isn't just a "big house," but one of the very newest and largest on the market city-wide, offering a rare combination that typically drives strong long-term value.
2. The lot is large for the area, but what are the implications?
While the home itself is in the top 1% for size, the lot ranks in the top 12% on the street and top 3% in Fraipont. This means you get more outdoor privacy and space than most neighbours, a valuable asset in newer subdivisions where lots are often smaller.
3. The home sold recently in late 2024. Why is that relevant?
A very recent sale provides a clear, current market price benchmark (between $1.03M and $1.07M). This reduces pricing speculation and indicates strong, sustained demand for premium properties in this location, even in a shifting market.
4. Is the high assessed value a concern for property taxes?
Likely yes. An assessed value firmly over $1 million will result in a significantly higher property tax bill compared to the average Winnipeg home. This is an important ongoing cost to factor into the budget.
5. What is the neighbourhood context of Fraipont?
The data shows that while this home is elite city-wide, it is among other high-value properties in Fraipont. This suggests the area itself is a premium enclave, which can be positive for value retention but also means general costs (like other homes, landscaping, etc.) in the vicinity are at a higher level.