Property Overview: 70 Wapta Crescent, Winnipeg
Key Characteristics & Appeal
This property is a spacious, modern two-storey home in the Fraipont neighbourhood, built in 2019. Its primary appeal lies in its generous scale and premium positioning within the market. With over 2,280 square feet of living space, it ranks in the top 5% of homes city-wide for size, offering ample room for family living. The home features a renovated basement, an attached garage, and a private pool on a large lot of approximately 6,700 square feet.
The data suggests this isn't just a large house, but a standout property in its immediate area. It holds the top rank for assessed value on its own street and sits well above average for the neighbourhood and city. This indicates a combination of desirable features, condition, and location that is recognized in its valuation. The home suits buyers looking for a turn-key, newer build who want space without sacrificing modern comforts. It would particularly appeal to growing families or professionals seeking a property with clear premium metrics in a well-established area, and who value the added luxury of a private pool.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
Its assessed value is ranked 1st out of 37 homes on Wapta Crescent, placing it in the top 3%. This suggests it is valued significantly higher than the street average, likely due to its size, newer age, and features like the pool and renovated basement.
2. Is the living space typical for the area?
No, it is exceptionally large. The home is in the top 4% of the Fraipont neighbourhood for living area and is over 600 square feet larger than the local average for comparable homes.
3. What does the sold price history indicate?
The home has sold twice in recent years (2019 and 2021), with each sale price placing it in a higher percentile tier city-wide. This trend points to consistent, above-market valuation and growing demand for the property.
4. The home was built in 2019. Is that considered new for Winnipeg?
Yes. Compared to the city-wide average home age (built around 1966), this property is very new, ranking in the top 4%. On its street, however, it is among newer homes but not an outlier, as the street average build year is also 2019.
5. Are there similar properties nearby for comparison?
The listing references a few nearby homes on the same street and in Fraipont with similar build years. However, 70 Wapta Crescent generally has a larger living area and a higher assessed value than those cited, underscoring its premium standing.