Property Overview: 575 De La Seigneurie Boulevard, Fraipont
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2020, offers modern living in Winnipeg's Fraipont neighbourhood. Its key appeal lies in its balance of being a relatively new build—sparing buyers from immediate major repairs—while presenting a value-oriented project. With 1,691 sqft of living space, it sits above average for its street and city-wide, offering comfortable room for a growing family or those seeking dedicated home office space. The attached garage and unrenovated basement are practical features; the basement, in particular, represents a clear opportunity for future customization to add significant value.
The home’s assessed value positions it strongly against city-wide averages, suggesting a solid foundation for equity. It suits first-time buyers looking for a move-in-ready home without the premium of a brand-new build, as well as value-add investors or homeowners who see potential in personalizing the basement over time. A thoughtful perspective is its location on a boulevard with many comparable homes; this provides neighbourhood stability and makes its above-average living area a standout feature for the street.
Section 2: Frequently Asked Questions
1. What is the exact recent sold price?
The public data shows a sold price range for January 2024. For the precise figure, you can request the exact sold price history via email from the listing source.
2. How does the basement condition affect value?
The basement is noted as "not renovated." This typically means it is functional but in a basic state, which is reflected in the current price. It’s a key area where a future renovation could increase the home's overall value and utility.
3. Is the lot size a constraint?
At 4,242 sqft, the lot is around average for the immediate area but smaller than the city-wide average. This is common for newer subdivisions and is suitable for low-maintenance outdoor living, but may not suit those seeking extensive gardening space or privacy.
4. How does this home compare to others on the street?
The data indicates this home ranks above average on its own boulevard for living area, assessed value, and year built. This suggests it is a competitively sized and valued property within its direct peer group.
5. What does the "Elite" city-wide ranking for year built mean?
Being in the top 3% city-wide for its 2020 build year highlights that it is a much newer home compared to Winnipeg's overall housing stock, which averages a 1966 build year. This is a significant advantage in terms of modern building standards, systems, and likely lower near-term maintenance costs.