Property Overview: 599 De La Seigneurie Boulevard
Section 1: Key Characteristics & Appeal
This is a modern, one-storey home built in 2019, offering a move-in-ready foundation in Winnipeg's Fraipont neighbourhood. With 1,460 sqft of living space and an attached garage, it provides practical, single-level living. Its key appeal lies in its balance of contemporary age and established value. While its size and assessed value are generally average for its immediate street and area, the home stands out city-wide for its newer build year (ranking in the top 4%) and above-average assessed value. This suggests a well-regarded property in a broader context, likely appealing to those seeking a modern home without the premium of a brand-new build.
The property suits buyers looking for a low-maintenance, modern layout, such as downsizers, first-time buyers, or small families. The existing basement presents a clear opportunity for future customization to add value and space. A thoughtful perspective is that this home offers the benefits of newer construction—like updated building codes and modern systems—while being in a neighbourhood that has had a few years to establish itself, potentially offering more mature landscaping and community cohesion than a current development phase.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is above average city-wide but below the average for the Fraipont area specifically. This can indicate a potentially attractive value proposition within a desirable neighbourhood.
2. What does the "unrenovated basement" mean?
The basement is finished but has not been updated. It’s a functional space that offers immediate utility, but it also represents the most straightforward opportunity to add personal style and increase the home’s value through a future renovation.
3. Is the lot size typical?
The land area of 4,516 sqft is above average for Fraipont, providing a bit more outdoor space than many local properties, while being a manageable size for upkeep.
4. Given it was sold new in 2019 and again in 2024, is there any concern?
The two sales in a five-year period could reflect several common life changes (relocation, family size change). The sold price increase between 2019 and 2024 aligns with broader market trends, showing steady appreciation.
5. What are the advantages of a 2019 build versus an older home?
You benefit from newer construction standards, modern energy efficiency, and likely fewer immediate major repairs (like roof or furnace replacement) compared to much of the city's older housing stock, which averages a 1966 build year.