Property Overview: 52 Crimson Way, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2018, offers modern construction in a neighbourhood of similar-aged properties. Its key appeal lies in its efficient, move-in-ready size (1,506 sq ft) which ranks above average both on its street and citywide, suggesting a well-proportioned home without excessive upkeep. The detached garage and basement (unrenovated) provide flexible storage or future project space.
The home suits first-time buyers or downsizers seeking a contemporary build that minimizes immediate renovation worries. Its assessed value is notably above the citywide average for similar-priced homes, indicating a potentially strong valuation foundation. A thoughtful perspective is the lot size: while smaller than many in the wider area, it translates to less exterior maintenance—an often-overlooked advantage for those prioritizing indoor living space over yard work. The recent sale in late 2024 also provides clear, current market context for buyers.
Section 2: Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,506 sq ft, the living area is above average for the city and slightly above the average for Crimson Way itself, placing it in the top 30% in both categories. It’s a competitively sized home for its peer group.
2. Is the assessed value typical for the area?
The assessed value is around average for the immediate street but below the average for the broader Fraipont area. However, citywide, it ranks in the top 30%, suggesting the home holds its value well compared to the overall Winnipeg market.
3. What does the "unrenovated basement" mean?
The basement is finished and usable but has not been recently updated. It presents a blank canvas for future customization, allowing a new owner to tailor the space to their needs without the cost or hassle of a full basement development.
4. The lot seems smaller than others in Fraipont. Is that a concern?
The land area is indeed smaller than many lots in the wider Fraipont area. This typically means less yard maintenance and can be a practical benefit. The lot is consistent with the newer, more efficient subdivision style of the immediate neighbourhood.
5. Where can I find the exact historical sold price?
The provided sold price is a range based on public data. For the precise sale price from the October 2024 transaction, you can request it via email from the listing service. They provide this detail manually and do not use the request for unsolicited marketing.