Property Overview
This two-storey home at 368 Whitehorn Crescent in Winnipeg's Fraipont neighbourhood is a modern build from 2024, offering move-in-ready living with a renovated basement. Its key appeal lies in its new construction status, which places it among the newest homes in the broader area, potentially minimizing immediate repair costs. With 1,488 sqft of living space, it offers a practical layout for a small family or couple. The lot is compact at 3,127 sqft, suggesting lower outdoor maintenance. Its assessed value is notably strong compared to the Winnipeg city-wide average, indicating good value retention for its age.
The property would suit first-time buyers or downsizers seeking a modern, low-maintenance home without the premium of a brand-new custom build. Its appeal is balanced: you get the benefits of a recent build in a settled neighbourhood, but with a smaller yard and living space that is modest for the immediate street. It’s a pragmatic choice for those prioritizing modern systems and condition over square footage or expansive outdoor space.
Frequently Asked Questions
1. How does this home's value compare to others?
Its assessed value is above the city-wide average but around or slightly below the average for its own street and neighbourhood. This suggests it's a solid value within Winnipeg overall, but competitively priced within Fraipont.
2. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand if it’s a finished living space, a recreational room, or has a separate entrance.
3. Is the lot size a concern?
The land area is below average for the street, neighbourhood, and city. This means a smaller yard, which translates to less outdoor maintenance but also less private outdoor space. It's ideal for those who prefer minimal yard work.
4. How does the recent sale price relate to the assessed value?
The home sold in August 2024 for a price range very close to its current assessed value. This recent sale supports the assessed figure and suggests a stable market value without wide fluctuations.
5. What are the implications of having no garage?
The listing specifies no garage. Buyers should consider where vehicles will be parked (likely driveway or street) and factor in the cost and feasibility of adding a garage or carport in the future, given the lot's smaller size.