Property Overview: 5 Wapta Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, two-storey home built in 2019, offering a move-in-ready opportunity in the Fraipont neighbourhood. Its key appeal lies in its balance of contemporary living within a well-established context. With 1,501 sqft of living space and a renovated basement, the home provides practical, modern layouts for family life or professional couples. The attached garage and a land area of nearly 4,700 sqft offer convenient suburban living.
The property presents an interesting value perspective. While its assessed value is modest relative to some immediate neighbours, placing it in the middle tier for the area, it ranks within the top 20% city-wide. This suggests you are acquiring a newer, above-average home for Winnipeg when viewed on a broader scale. It suits buyers looking for a home less than a decade old without needing updates, and who value a neighbourhood where the home’s modern features might stand out positively among a mix of older and newer builds. It’s a practical choice for those prioritizing a newer construction year and solid city-wide ranking over having the largest home on the street.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is around average for the wider Fraipont area but is below the average for its specific street, Wapta Crescent. This can indicate a potential value opportunity within a desirable pocket, as you’re getting a newer home (built 2019) on a street where the average home is of a similar age.
2. What does the “renovated basement” include?
The listing confirms the basement is renovated, but the specific finishes, layout, and whether it includes a legal suite or additional bedrooms are not detailed here. This is a key point to clarify with the listing agent to understand the full usable space.
3. Is the neighbourhood established or still developing?
Given the 2019 build date and the similar ages of referenced nearby homes on Wapta and Bonaventure, this part of Fraipont appears to be a newer infill or subdivision within the larger, established neighbourhood. You benefit from new construction while being part of a mature community.
4. Why is there a discrepancy in the sold price history data?
The listed sold price from 2019 is a range (e.g., $37.50k ~ $40.50k) based on public data. The site notes that exact sale prices require a manual request to ensure accuracy, as public records can sometimes be incomplete or unclear.
5. How does the living space compare to typical Winnipeg homes?
At 1,501 sqft, this home’s living area is above the city-wide average, placing it in the top 30% of all Winnipeg homes. This means it offers more space than most homes in the city, though it is slightly below the average size for its immediate street and neighbourhood.