Property Overview: 54 Whitehorn Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fraipont is a modern property, built in 2023, offering a move-in-ready opportunity with minimal initial upkeep. Its key appeal lies in its balance of space, modernity, and location-specific value. With 1,646 sqft of living space, it offers above-average roominess for Winnipeg overall, though it is more typical for its immediate street and neighbourhood. It features an attached garage and a full, unrenovated basement, providing a blank canvas for future expansion or storage.
The home’s standout characteristic is its age. It is a notably newer construction compared to the city’s housing stock, which is a significant advantage for buyers seeking contemporary building standards, energy efficiency, and freedom from the major repairs often needed in older homes. The lot size of 3,470 sqft is manageable, requiring less maintenance than larger city plots, but is smaller than many in the broader Fraipont area.
This property would best suit first-time buyers or young families looking for a modern home in a developed neighbourhood without the wait and uncertainties of a new build. It also appeals to practical buyers who prefer a newer mechanical system (furnace, roof, windows) and are comfortable with a standard lot size in exchange for a newer interior. The unrenovated basement is a specific draw for those who want to customize additional living space to their own taste and timeline.
Section 2: Frequently Asked Questions
1. Is this a good value compared to other homes on the street?
The data suggests it is competitively positioned. Its assessed value and living area are both around the average for Whitehorn Crescent, indicating it is priced in line with its direct peers. Its newer construction date is a differentiating advantage on the street.
2. What does the sold price history indicate?
The home sold previously in November 2023 for an estimated range of $51.5k to $54.5k. This recent sale provides a concrete, modern benchmark for its market value, which can be more relevant than the assessed value for setting expectations.
3. How does the lot size impact the property?
At 3,470 sqft, the lot is manageable and low-maintenance but is below the neighbourhood average. This means larger yards or more distance from neighbours are common in Fraipont, but this property offers a more compact outdoor space. It’s a trade-off that prioritizes the new home over land size.
4. What does "above average" living area city-wide really mean?
While the home feels typical for Fraipont, its square footage is above the Winnipeg average because many city homes are older and smaller. This highlights that you are getting more modern space than in many other parts of the city, a key point for value comparison.
5. Who should consider the unrenovated basement a positive?
It’s a positive for buyers who have specific plans for the space (e.g., a home theatre, gym, or suite) and want to avoid paying a premium for someone else’s finished layout that may not suit their needs. It allows for customization and can be a project tackled over time.