Property Overview: 29 Wapta Crescent, Winnipeg
Key Characteristics & Appeal
This two-storey home in Fraipont is a modern, low-maintenance property built in 2019. Its primary appeal lies in its balance of space, contemporary construction, and a desirable lot size. With 1,745 sqft of living space, it sits comfortably above the city-wide average, offering room for a growing family or those seeking ample space without an overly large footprint. The attached garage and full (though unrenovated) basement add practical utility.
The home’s standout feature is its land. The 6,287 sqft lot is notably larger than most in the Fraipont area, providing excellent outdoor potential—a relative rarity for a newer build. Its assessed value positions it as an above-average offering within its neighbourhood and city-wide, suggesting a solid investment in a well-regarded area. This property would best suit buyers looking for a turnkey, modern home in a established neighbourhood, who value a generous yard for gardening, play, or future outdoor living spaces. It’s a strong fit for professionals or families seeking a balance between a newer home’s efficiencies and the mature setting of a community like Fraipont.
Frequently Asked Questions
1. How does this home’s value compare to its recent sale price?
The home sold in December 2023 for between $525,000 and $555,000. Its current assessed value is $524,000, indicating the assessment is closely aligned with that recent market transaction.
2. What does the “unrenovated basement” imply?
It means the basement is finished and usable as living space, but it remains in its original state from the 2019 build. It presents a blank canvas for future customization but requires no immediate work.
3. Is the lot size a significant advantage?
Yes. The lot is in the top 8% for size within Fraipont, offering more privacy and yard space than most newer homes in the area. This is a key differentiator for outdoor enthusiasts or those planning additions like a deck or shed.
4. How does the age of this home benefit a buyer?
Built in 2019, it is newer than 96% of homes city-wide. This typically means fewer immediate repairs, modern building codes, and updated energy efficiency, leading to lower maintenance costs in the near term.
5. What are the comparable homes nearby?
The listing references 113 Wapta Crescent as a “worth viewing” comparison. It’s a similar age and style but with slightly more living space and a higher assessed value, helping to contextualize this property’s position in the local market.