Property Overview: 290 Whitehorn Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in the Fraipont neighbourhood is a modern property, built just two years ago in 2024. With 1,566 sqft of living space, it offers a practical layout for a growing household or those looking for a low-maintenance, newer build. Key features include an attached garage and a basement (not renovated), providing flexible space for storage or future development.
The primary appeal lies in its age and condition. Being nearly new means buyers can expect modern building standards, energy efficiency, and minimal immediate repair costs. The data shows it's among the newest homes not just on its street, but in the entire city, which is a significant advantage in a market with many older homes.
This property would suit first-time buyers or young families seeking a turn-key home without the surprises of an older property. It’s also a sensible choice for value-conscious buyers who prioritize modern infrastructure over a larger lot, as the land size is more compact compared to city averages. A less obvious perspective is its potential for someone looking to customize; the unfinished basement presents a clear, cost-effective opportunity to add personalized living space without the burden of a full renovation.
Section 2: Frequently Asked Questions
1. Is this a good value for the area?
The assessed value is below average for both Whitehorn Crescent and the wider Fraipont area, while the home itself is newer than most. This suggests you may be paying primarily for the modern structure itself rather than the land, which could represent a fair value if a newer, worry-free home is your priority.
2. What does the sold price history indicate?
The home sold recently in August 2024. The provided sold price range is consistent with its current assessed value, indicating a stable and transparent market transaction without major price fluctuations.
3. How does the lot size impact the property?
The land area is below average for the street, neighbourhood, and city. This means smaller outdoor maintenance but also less private yard space. It positions the property as a more efficient, modern housing option rather than one with expansive grounds.
4. What are the implications of the unfinished basement?
The basement is noted as "not renovated." This is a blank canvas that allows a new owner to finish it to their own taste and needs, but it requires an upfront investment. It’s an important factor to budget for if additional living space is required immediately.
5. How does this home compare to others in Winnipeg?
City-wide, this home ranks above average for living space and is in the elite tier for its newness. However, its lot size is below the city average. This highlights a trade-off: you are acquiring a relatively spacious, modern home on a more compact, manageable urban lot.