Property Overview: 4 Ullswater Way, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in the Fraipont neighbourhood is a modern property, built just two years ago in 2024. With 1,881 sqft of living space, it offers above-average roominess for both the neighbourhood and the wider city. It features an attached garage and a basement that is present but not renovated, presenting a blank canvas for future expansion.
The primary appeal lies in its new construction, offering move-in readiness with modern building standards and minimal immediate maintenance. Its assessed value positions it well within its local area, suggesting a solid investment in a desirable, newer community. The lot size is typical for the street, providing standard outdoor space without extensive upkeep.
This home would suit first-time buyers or young families seeking a modern, low-maintenance property in a developing area. It’s also a practical choice for those who value newer infrastructure and are comfortable with a basement that offers potential rather than finished square footage. A thoughtful perspective is that while the home is new, its value metrics are very much in line with its immediate peers on Ullswater Way, indicating it’s a stable, community-anchored purchase rather than a standout bargain.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others in Winnipeg?
At 1,881 sqft, the living area is above the city-wide average, placing it within the top 14% of homes in Winnipeg for size.
2. Is the basement usable in its current state?
The listing confirms a basement exists but specifies it is "not renovated." It is unfinished space, offering storage and future development potential.
3. What does the assessed value tell us about the property?
The assessed value is above average for both the Fraipont area and the city, but is very typical for Ullswater Way itself. This suggests the home is valued consistently within its specific micro-market.
4. How new is this property compared to its surroundings?
Built in 2024, it is among the newest homes not just on its street, but in the entire Fraipont neighbourhood, ranking in the top 1% for year built there.
5. What was the home’s recent sale history?
Public records indicate it sold in June 2024. For the exact sale price, you can request the information via email from the listing source.