Property Overview: 333 Crestmont Drive, Fraipont
Section 1: Key Characteristics & Appeal
This is a modern, two-storey home built in 2023, offering the appeal of a nearly new build with minimal initial maintenance. Its key characteristic is balance: at 1,536 sqft, the living space is comfortably above the city-wide average, providing ample room for a growing household or home office, while remaining manageable in size. The home sits on a standard suburban lot with an attached garage.
The primary appeal lies in its modern construction within an established neighbourhood. Buyers gain the benefits of contemporary building standards, energy efficiency, and modern layouts without having to venture to the outer edges of new development. The property’s assessed value is notably below the Fraipont area average, which could indicate a relative value opportunity within this specific community.
This home would suit first-time buyers or young families looking for a turnkey property in a settled area. It’s also a practical choice for those who prefer newer mechanical systems and insulation but don’t want the larger lot sizes and upkeep that often come with older homes. A less obvious perspective is its potential for a buyer who values community continuity; being on a street with many similarly aged homes suggests a cohort of neighbours who likely moved in around the same time, which can foster a strong sense of community.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
The living area is above average for Winnipeg overall but is typical for both Crestmont Drive and the Fraipont neighbourhood. It offers solid space without being among the largest homes in the immediate area.
2. Is the assessed value a good indicator of the market price?
The assessed value is a municipal calculation for tax purposes, not a market appraisal. It’s interesting to note that this home’s assessment is below the Fraipont average, which may be due to specific lot characteristics or interior finishes. A professional market evaluation is essential for pricing.
3. What does the sale history tell us?
The home last sold in late 2023. The provided price range gives a recent benchmark, but for the exact sale price to understand appreciation or market movement, you must request the detailed history from the site.
4. What are the trade-offs of a newer home on a smaller lot?
The 2023 build date means modern amenities and fewer immediate repairs. The trade-off is a land area that is below the city-wide average. This means lower outdoor maintenance but less private yard space compared to many older Winnipeg homes.
5. Are the nearby similar homes a good sign?
The direct neighbours on Crestmont Drive are homes of very similar age and style, creating a cohesive streetscape. The "For Reference" properties (357 Crestmont, 10 Twintree Way) show that similar, recently built homes exist in Fraipont, providing relevant comparables for valuation.