Property Overview
This two-storey home at 359 Evelyne Reese Boulevard in Winnipeg’s Fraipont neighbourhood presents a modern, low-maintenance living option. Built in 2024, it is one of the newest homes in its immediate area and citywide. With 1,688 sqft of living space and an attached garage, it sits above average in size for its street and the city. The assessed value of $490,000 also positions it above average compared to broader Winnipeg benchmarks. The lot size is generous for the street but more modest compared to typical city lots, suggesting a efficient use of space without extensive yard upkeep.
Its primary appeal lies in its turn-key, contemporary condition, offering the benefits of new construction—modern building standards, energy efficiency, and minimal immediate repair needs—in an established area. It would suit first-time buyers seeking a modern home without the wait of a build, downsizers looking for a manageable property without sacrificing space, or professionals wanting a convenient, move-in-ready solution. A thoughtful perspective is that this property offers a balance of new-home perks while still being embedded in a neighbourhood with mature community dynamics, avoiding the uncertainties of a brand-new subdivision.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value of $490,000 is above average for the city and its specific street, but sits around the middle range for the broader Fraipont neighbourhood. This suggests it is priced consistently with the area's newer, well-appointed homes.
2. What are the implications of the lot size?
At 3,736 sqft, the lot is larger than most on Evelyne Reese Boulevard, providing good outdoor space for a newer home. However, it is smaller than the Winnipeg city average. This typically means less yard maintenance but may limit expansion potential compared to properties on larger lots.
3. Is the basement finished?
The listing specifies the basement exists but is "not renovated." Buyers should budget and plan for finishing this space to add liveable square footage.
4. What does the sold price history indicate?
Public records show a sale in March 2024 in the $485,000 - $515,000 range. For the most precise sold price, you can request the exact figure via email from the listing source.
5. Who might this property not suit?
It may not be ideal for buyers seeking a large, traditional yard or those looking for a historic character home. The modern design and efficient lot size cater more to those prioritizing contemporary finishes and lower exterior maintenance.