363 Evelyne Reese Boulevard

Property Overview

This modern two-storey home at 363 Evelyne Reese Boulevard in Fraipont is a standout property defined by its new construction and above-average space. Built in 2024, it is among the newest homes in its immediate area, city-wide. With nearly 2,000 sqft of living space, it offers significantly more room than average homes on its street and in Winnipeg overall. The home features a renovated basement and an attached garage. Its appeal lies in the move-in readiness of a nearly new build combined with generous interior square footage for the neighbourhood. It would suit buyers looking to avoid the wait and uncertainties of new construction while still acquiring a modern home, or those seeking a spacious interior in a community of predominantly smaller, older comparables.

Key Details & FAQs

Key Characteristics & Appeal
The home’s most compelling feature is its combination of new age and size. It ranks in the top 3% of its street for both living area and assessed value, indicating it is a larger, higher-value property among its closest neighbours. While the lot size is average for Fraipont, the interior space is a premium. This creates a specific dynamic: you get a modern, low-maintenance home with ample living space, but without the typically larger yard of an older city property. It’s ideal for buyers who prioritize interior volume and modern systems over extensive outdoor space. The attached garage and finished basement add practical, year-round functionality.

Who It Would Suit
This property is an excellent fit for professional couples or small families seeking a turnkey home in a developing area. It also appeals to the practical buyer who understands that a newer home in this price range often involves compromises on lot size, making it less suitable for those with a strong desire for gardening, expansive outdoor entertaining, or future large additions.

Frequently Asked Questions

1. Is this a brand-new home?
The home was built in 2024, so it is essentially new but not a pre-construction. It has likely been lived in for a short period, meaning it’s move-in ready without the wait for construction.

2. How does the lot size compare?
The lot is approximately 3,955 sqft, which is above average for its specific street but around the median for the broader Fraipont area. It is, however, smaller than the typical lot for an older Winnipeg home.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify regarding the quality of the renovation and whether it includes a legal suite, additional bedrooms, or a recreational space.

4. Why is the assessed value so much lower than the recent sold price?
The assessed value of $57,400k is for municipal tax purposes and is typically based on a prior valuation date. The sold price range of $575,000 - $605,000 from March 2024 reflects the current market value, which is significantly higher.

5. What are the comparable homes nearby?
The listing references nearby properties on Eau-Claire Drive, built around 2021, with similar living areas. This suggests the home is in a newer pocket of the neighbourhood, providing a more consistent streetscape than in an area with widely varying home ages.