Property Overview: 353 Crestmont Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fraipont is a modern property, built just two years ago. Its key appeal lies in its new construction, offering move-in readiness and contemporary building standards without the wait or uncertainty of a new build. With 1,436 sqft of living space and an attached garage, it provides a practical layout for everyday living.
The home’s standout characteristic is its relative value within its immediate context. While its living space and assessed value are below the averages for Crestmont Drive and the Fraipont area, this positions it as a potentially more accessible entry point into a neighbourhood of newer, generally larger homes. The lot size of over 4,100 sqft is notably above average for the street, offering good outdoor space for a property of this vintage. This combination suits first-time buyers or downsizers seeking a modern, low-maintenance home in a developing area, who prioritize a newer building over maximum square footage and see value in securing a manageable property on a decent-sized lot.
Section 2: Frequently Asked Questions
1. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This provides a blank canvas for future expansion or storage but would require investment to develop into living space.
2. How does the property’s value compare to its neighbours?
The home’s assessed value is below the average for both Crestmont Drive and the wider Fraipont area. This could reflect its slightly smaller size but may also present a value opportunity compared to neighbouring homes.
3. What is the neighbourhood like?
Fraipont appears to be a newer development, as evidenced by the modern build dates of this home and nearby comparable properties (e.g., 357 and 333 Crestmont Drive were built in 2023). Buyers can expect a community of contemporary homes.
4. Why is the city-wide assessed value comparison so different?
The "around average" city-wide ranking is based on a comparison against all Winnipeg homes, which have a much older average year built (1966). This highlights that while the home is newer than most in the city, its specific metrics are best compared against its immediate, newer neighbourhood peers.
5. Where can I find exact historical sale prices?
The listed sale price ranges are based on public data. The exact sold price history is available by request via email from the listing source, which provides the accurate figure manually.