Property Overview: 35 Crimson Way, Winnipeg
Key Characteristics & Appeal
This two-storey home in Fraipont presents a practical, modern living option. Built in 2019, it offers the advantage of a newer build with less immediate concern for major system replacements. With 1,888 sqft of living space, it sits comfortably above the average size for its immediate street, neighbourhood, and even city-wide, providing ample room for a growing household or those who value space. The attached garage and unrenovated basement offer functional daily living and future potential, respectively.
The appeal lies in its strong, balanced metrics. It consistently ranks above average in key categories like living area and assessed value within its local context, suggesting a solid investment in a desirable setting. It’s not an outlier in any single extreme but offers a reliable, above-par package. This property would suit first-time buyers or young families looking for a move-in-ready, spacious home without the quirks or renovation demands of an older property. It also appeals to the value-conscious buyer who appreciates data-backed evidence of a home’s standing relative to its peers.
Frequently Asked Questions
What does "above average" for living area actually mean?
It means the home's square footage is larger than most comparable homes. Specifically, it ranks in the top 15% on its own street and top 14% city-wide, indicating it is genuinely spacious for a modern home.
Is the basement finished?
No, the listing specifies the basement is "not renovated." This presents a blank canvas for future expansion or storage but does not offer additional finished living space as-is.
How does the assessed value relate to the likely selling price?
The assessed value of $51,100 is for municipal tax purposes. While it provides a benchmark, the selling price is determined by the market. Historical data shows a sale in the $38.5k-$41.5k range in 2019; current value would be influenced by market conditions since then.
The home is newer, but what about the lot size?
The land area of 4,390 sqft is above average for Crimson Way but is around the middle range when compared to the entire city. This is typical for newer subdivisions, offering a manageable yard with less maintenance than a larger, older lot.
What are the less obvious things to consider here?
The consistent "above average" rankings suggest a good resale profile, but the unrenovated basement means future improvement costs should be factored into your budget. Additionally, as a 2019 build, it likely includes modern energy efficiencies, but it may still be within the timeframe where builder warranties could be expiring, so a thorough inspection is wise.