Property Overview: 288 Evelyne Reese Boulevard
Key Characteristics & Appeal
This is a modern two-storey home, built in 2024, offering the primary appeal of a nearly new build with minimal maintenance history. Its 1,400 sqft living space is compact yet efficient, ranking as average for Winnipeg overall but smaller than most direct neighbours in Fraipont. The property stands out for its modern construction in an area of mostly older homes, but comes with a notably smaller land footprint (1,978 sqft) and a detached garage.
The appeal lies in securing a contemporary home without the wait and uncertainty of new construction, ideal for buyers seeking modern layouts, energy efficiency, and no immediate need for updates. It suits first-time buyers or downsizers who prioritize a low-maintenance, modern interior over larger lot size and established landscaping. A thoughtful perspective: while the assessed value is modest for the city, its recent sale price suggests the market places a significant premium on its new condition, indicating it may appeal to those valuing immediate move-in readiness over lot privacy or expansion potential.
Frequently Asked Questions
1. How does the lot size impact daily living?
The lot is significantly smaller than the neighbourhood and city averages. This means lower exterior maintenance but also limited private outdoor space and potential for very close proximity to neighbouring homes.
2. Why is the assessed value relatively low compared to the recent sale price?
Municipal assessments often lag behind current market values, especially for very recent builds. The sale price reflects what buyers are currently willing to pay for a new home, which can be a premium over the assessed value.
3. What does the "below average" ranking for living area in the neighbourhood mean?
It means most homes in Fraipont are larger. This home offers efficient, modern space but may have fewer rooms or smaller room sizes than older, more established houses in the immediate area.
4. Are there any concerns with a home built only 2 years ago?
While it avoids the aging systems of an older home, it may still be within the builder’s warranty period. It’s prudent to review any builder warranty transfer and documentation for new home construction.
5. How does the detached garage affect utility, especially in winter?
A detached garage provides flexibility but requires going outdoors to access your vehicle. In Winnipeg’s climate, this is a consideration for convenience compared to an attached garage.