Property Overview: 315 Evelyne Reese Boulevard, Fraipont
Key Characteristics & Buyer Appeal
This two-storey home, built in 2024, is a modern offering in Winnipeg’s Fraipont neighbourhood. Its primary appeal lies in its new construction status, offering move-in readiness and the benefits of contemporary building standards without the wait for a build. With 1,510 sqft of living space and an attached garage, it provides a practical layout for everyday living.
The home’s value is contextual. Within its immediate area on Evelyne Reese Boulevard and the broader Fraipont neighbourhood, its size and assessed value are squarely average compared to similar homes. However, its newness is exceptional, ranking in the top 1% for year built both locally and citywide. The lot size of 3,817 sqft is generous for the street but more modest by wider Winnipeg standards. This creates a unique position: you’re purchasing a modern home on a decent-sized lot in an established area, not a brand-new subdivision.
This property would suit a buyer looking for a low-maintenance, modern home who values being part of a settled community over a sprawling yard. It’s ideal for those who want to avoid immediate major renovations or the quirks of an older house. The data suggests it’s a sensible, middle-ground option in its micro-market—not the largest or most valuable on the block, but a competitively sized and very recent build.
Frequently Asked Questions
1. How does this home’s value compare to its recent sale price?
The home sold in August 2024 for between $455,000 and $485,000. Its current assessed value is $457,000, indicating the assessment is closely aligned with its recent market transaction.
2. What does the "top 1%" ranking for year built really mean?
It means this is one of the newest homes in its comparison groups. On its own street, it’s the newest of 102 similar homes. In Fraipont, it’s among the newest 7 out of 1,128. This is its most standout statistical feature.
3. Is the basement finished?
No. The listing specifies the basement exists but is "not renovated," meaning it is unfinished and awaits development to add more living space.
4. The lot size ranking seems contradictory. What does it indicate?
The lot is above average for Evelyne Reese Boulevard but below average citywide. This reflects the character of the area: lots in this part of Fraipont are generally smaller than the typical Winnipeg lot, but this property has one of the larger lots within that local context.
5. Where can I find the exact historical sold price?
The provider notes that the sold price shown is a range based on public data. They offer to provide the exact figure via email upon request, a service they handle manually without using the contact for unsolicited marketing.