Property Overview: 323 Crestmont Drive, Winnipeg
Key Characteristics & Appeal
This two-storey home at 323 Crestmont Drive in the Fraipont neighbourhood is a notably modern property, having been built just two years ago in 2024. Its primary appeal lies in its new construction status, offering the benefits of contemporary building standards, minimal immediate maintenance, and modern layouts without the premium often associated with brand-new builds. With 1,520 sqft of living space, it sits comfortably within the average range for its immediate street and neighbourhood, but ranks above average city-wide, making it a spacious option compared to many Winnipeg homes.
The home features an attached garage and a basement (not renovated), providing functional space and storage. Its assessed value is positioned below average for Fraipont and Crestmont Drive, which could represent a value opportunity for a newer home in the area. The lot size is standard for the neighbourhood but smaller than the Winnipeg average, suggesting a lower-maintenance yard.
This property would best suit first-time buyers or young families seeking a move-in ready, modern home in a developing area without the wait and cost of new construction. It’s also a practical choice for value-conscious buyers who prioritize the efficiency and systems of a newer build over a larger or more established lot.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is below the average for both Crestmont Drive and the wider Fraipont neighbourhood. Given its very recent build year, this may indicate a competitive entry point compared to similar-aged homes nearby.
2. What does the “basement, not renovated” mean?
The basement is finished as living space but has not been updated since the home was built. For a 2024 home, this simply means it features the builder’s standard finish, not a prior owner’s renovation.
3. Is the lot size a constraint?
At approximately 3,691 sqft, the lot is typical for Fraipont but below the city-wide average. This translates to less yard maintenance, which many buyers appreciate, but may limit extensive landscaping or expansion plans.
4. How does the living space feel for a family?
At 1,520 sqft, the home is above the Winnipeg average, offering solid space for a growing family. Its two-storey design typically provides good separation between living and sleeping areas.
5. What is the context of the recent sale price?
The home sold in August 2024 for between $415,000 and $445,000. This sale occurred shortly after construction, and the price aligns with its position as a newer, yet value-oriented, home within the community.