Property Overview
This two-storey home at 412 Whitehorn Crescent in Winnipeg’s Fraipont neighbourhood is a modern property built just two years ago. Its key appeal lies in its new construction, offering move-in readiness without the immediate concerns of aging systems or major repairs. The home features 1,389 sqft of living space, a detached garage, and an unfinished basement that presents a blank canvas for future customization.
While the living and land areas are modest compared to many immediate neighbours, this translates to lower maintenance and potentially lower utility costs—a practical trade-off. The property’s assessed value is positioned around average for the city, suggesting a stable entry point into the newer housing stock. This home would suit first-time buyers or downsizers seeking a modern, low-maintenance property without needing a full renovation. It’s also a sensible fit for those who value a newer build’s efficiency and warranty potential over larger square footage or lot size.
Frequently Asked Questions
1. Is this a good value for a newer home?
The data suggests it offers a balanced proposition. While the lot and living space are on the compact side for the area, you are paying primarily for the modern construction and condition, not excess land or square footage. Compared to the city-wide average, its assessed value is reasonable for a home of this age.
2. What are the pros and cons of the unfinished basement?
The unfinished basement is a key opportunity. It allows you to customize the space to your exact needs (e.g., a home theatre, gym, or extra bedroom) without first paying to demolish an existing, possibly dated, layout. The trade-off is the upfront cost and effort to finish it.
3. How does the lot size impact living here?
At just over 3,000 sqft, the lot is smaller than many in Fraipont. This means less yard work and lower outdoor maintenance, which can be a benefit. However, it also means less private outdoor space for gardening, play, or entertaining.
4. The home sold recently in 2024. What does that indicate?
The very recent sale suggests the initial owner may have had a change in circumstance. Given the home’s new condition, it’s unlikely to be due to major property issues. It does, however, provide a very current market price point for comparison.
5. What is the neighbourhood context for this property?
Whitehorn Crescent appears to be a street of newer homes, as this property is among the newest. The comparable nearby properties with similar assessed values are located in various neighbourhoods, indicating this price point offers options across the city, but here you are securing a modern home in a modern setting.