328 Crestmont Drive

Property Overview: 328 Crestmont Drive, Fraipont

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2023, offers modern living in a well-established neighbourhood. Its key appeal lies in its balance of being a newer construction within a mature area, providing contemporary comforts without the typical wait and uncertainty of a brand-new subdivision. With 1,527 sqft of living space and a renovated basement, the home offers practical, move-in-ready space.

The property stands out for its above-average assessed value relative to its immediate street and the wider city, suggesting a solid investment in a desirable location. However, the lot size is more compact compared to many city homes, which translates to lower exterior maintenance. This home would ideally suit first-time buyers or young families seeking a modern, low-maintenance property without sacrificing interior space, or downsizers looking for a newer build with a manageable yard. A thoughtful perspective is that while the lot is smaller on paper, this often fosters a stronger sense of community in newer infill developments and allows more time to enjoy the home's interior and neighbourhood rather than its upkeep.

Section 2: Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home was last sold in February 2023 for an estimated $45.5k to $48.5k. Its current assessed value of $51.50k is higher, which can indicate rising market values in the area or improvements made to the property.

2. Is the living space larger or smaller than nearby homes?
At 1,527 sqft, it is slightly below the average for both Crestmont Drive and the Fraipont area, but it remains above the average living area for the entire city. This indicates a comfortable size that is typical for its immediate neighbourhood.

3. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the details. This would require clarification from the seller or a viewing to understand the finish, layout, and potential for additional living space.

4. How does the lot size impact the property?
The lot is 3,622 sqft, which is smaller than many lots in Winnipeg. This means a smaller yard for gardening or play, but also significantly less maintenance. It's a trade-off that prioritizes the home itself and ease of upkeep.

5. Are there other similar homes nearby?
Yes. The data shows several nearby properties on Crestmont Drive built around the same time (2022-2023) with very similar living areas and assessed values, indicating this is a consistent and modern segment of the neighbourhood.