685 De La Seigneurie Boulevard

Property Summary: 685 De La Seigneurie Boulevard

Section 1: Overview & Appeal

This two-storey home in Fraipont presents a practical, modern living option. Its key characteristic is its balance: built in 2020, it offers the advantages of a newer construction—like updated building codes and modern infrastructure—without being brand new. With 1,468 sqft of living space, it sits in a comfortable middle ground for the area, neither the largest nor the smallest. The property includes a detached garage and a basement, though the basement is noted as not renovated.

The appeal lies in its efficiency and relative newness within a city-wide context. While the lot size is compact compared to many Winnipeg homes, this can translate to lower maintenance, appealing to those seeking a manageable yard. Its assessed value positions it as a more accessible entry point within its own neighbourhood and street, suggesting potential value relative to immediate comparables. This home would suit first-time buyers or downsizers looking for a modern, low-maintenance property in a newer community. It’s also a sensible fit for pragmatic buyers who prioritize a recent build date and functional space over a large lot or a premium streetside ranking.

Section 2: Frequently Asked Questions

1. What does the "below average" ranking for lot size actually mean?
The lot is 3,252 sqft, which is smaller than many homes in Winnipeg and in the immediate area. This means less exterior upkeep but also limited space for large gardens, expansions, or extensive outdoor recreation.

2. The assessed value seems low compared to some averages mentioned. Why?
The assessed value of $43.5k is a municipal assessment for tax purposes, not a market price. The data shows this assessment is below average for the street and neighbourhood, which may reflect the compact lot and standard finishes. Market value is determined by current sale prices.

3. As a 2020 build, what can I expect regarding major repairs?
Being only a few years old, major structural components like the roof, furnace, and windows should be in good condition and likely under original warranty. The note that the basement is "not renovated" typically means it is unfinished, offering blank-canvas storage or future living space.

4. How does this home compare to others on the same street?
The data indicates that on De La Seigneurie Boulevard, this home is newer than average (top 24%) but has a smaller lot (top 94%) and a lower assessed value (top 79%) than its neighbours. It offers a trade-off: more modern construction on a more modest parcel.

5. What is the significance of the 2020 sale price range listed?
The property sold for between $34.5k and $37.5k in April 2020. This was likely very close to its original construction sale, providing a baseline. It is crucial to research current market conditions, as prices have shifted significantly since then.