Property Overview: 295 Evelyne Reese Boulevard
Key Characteristics & Appeal
This two-storey home in Fraipont is a notably modern property, built in 2024. Its primary appeal lies in its new construction status, offering buyers a move-in-ready home with the benefits of contemporary building standards and minimal immediate maintenance. With 1,610 sqft of living space, it sits above average for both its immediate street and the city of Winnipeg, providing comfortable room for a small family or professionals.
The home features an attached garage and a basement (not renovated), offering flexible storage or future expansion space. Its assessed value is strong relative to the area, suggesting a solid investment in a desirable, newer neighbourhood.
A thoughtful perspective for buyers is the property’s positioning within its micro-market. While the lot size is more compact compared to broader city averages, this often translates to lower exterior maintenance—a practical advantage for busy households. The home suits first-time buyers seeking a modern, low-hassle property, or downsizers looking for a newer build without the upkeep of an older, larger lot. It may also attract investors interested in a newer asset in a developing community.
Frequently Asked Questions
1. How does the lot size compare to the neighbourhood?
The land area of 3,575 sqft is around average for Evelyne Reese Boulevard but below the average for the wider Fraipont area. This typically means a more manageable yard while still providing private outdoor space.
2. What does the "above average" assessed value ranking mean?
The assessed value ranks in the top 29% on its street and top 24% citywide. This indicates the official valuation is robust compared to many peers, which can be a positive sign for the property’s standing, though market conditions ultimately determine sale price.
3. Is the basement finished?
No, the basement is noted as "not renovated." It presents a blank canvas for future finishing to add living space, subject to permits and budget.
4. What are the likely advantages of a 2024 build?
Benefits include modern energy efficiency, current building codes, new appliances, and warranties that may still be transferable. It also suggests fewer imminent repairs compared to an older home.
5. How does the living space truly compare to nearby homes?
At 1,610 sqft, this home offers more living area than 72% of comparable properties on its street and 75% of homes across Winnipeg, making it a spacious option within its local context.