Property Overview: 329 Crestmont Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home at 329 Crestmont Drive in the Fraipont neighbourhood is a modern property, built just two years ago in 2024. Its key appeal lies in its new construction, offering move-in readiness and the benefits of contemporary building standards without the wait of a new build. With 1,437 sqft of living space, three bedrooms, and an attached garage, it provides a practical layout for everyday living.
The home’s primary advantage is its relative value within a newer development. While its living space and assessed value are below the current average for its immediate street and neighbourhood, this is balanced by its exceptional newness—it ranks in the top 1% for year built compared to homes across Winnipeg. This positions it as a modern, low-maintenance option in a community of similar-aged homes. The lot size is standard for the area, offering manageable outdoor space.
This property would suit first-time buyers or small families seeking a modern home in a developing community, who prioritize contemporary features over maximum square footage. It’s also a sensible choice for value-conscious buyers looking for a newer build that may have lower immediate repair costs compared to older city-wide averages.
Section 2: Frequently Asked Questions
1. Is this a good value for the money?
Based on available data, the home’s assessed value is below the current average for both Crestmont Drive and the wider Fraipont area. This, combined with its very recent build date, suggests it may offer a competitive entry point into a modern neighbourhood.
2. What does the "below average" ranking for living space mean?
The home’s living area is smaller than many current listings on its street and in Fraipont. However, it is close to the city-wide average. This indicates the home is compact and efficient, typical of newer designs, but may have less space than some older, larger homes in the city.
3. How does the new build date affect things?
A 2024 build is a significant advantage. It typically means modern insulation, wiring, plumbing, and appliances, leading to better energy efficiency and potentially lower maintenance costs in the short to medium term compared to the Winnipeg average home built in 1966.
4. What is the neighbourhood like?
Fraipont appears to be a newer development, as suggested by the very recent build years of this home and its immediate neighbours (e.g., 333 and 357 Crestmont Drive were built in 2023). Buyers can expect a community with modern infrastructure and homes of a similar age.
5. Why is the city-wide assessed value comparison so different?
The "around average" city-wide comparison can be misleading because it includes all home ages across Winnipeg. The average assessed value for the city is based on homes with an average build year of 1966. This home’s value is modern and located in a specific newer subdivision, making direct comparison to the broad city average less relevant.