Property Overview: 717 De La Seigneurie Boulevard
Key Characteristics & Appeal
This is a modern two-storey home, built in 2020, located in Winnipeg's Fraipont neighbourhood. Its primary appeal lies in its contemporary construction, offering a move-in-ready canvas without the immediate concerns or update costs of an older property. With 1,389 sqft of living space and a detached garage, it suits first-time buyers, small families, or investors seeking a newer build.
The data presents a nuanced picture. While the home's living area is modest compared to others on its street, its 2020 build date is a significant advantage, ranking it among the newest 3% of homes city-wide. This modern foundation is paired with a below-average assessed value for the area, suggesting a potentially accessible entry point into a newer home. The lot size is compact, which translates to less yard maintenance—a perk for busy professionals or those seeking a lock-and-leave lifestyle. The basement is unfinished, representing both a current cost-saving on taxes and future potential for customization.
This property would best suit pragmatic buyers who value modern systems and efficiency over sheer size. It’s a practical choice for someone who wants a newer home's reliability but is comfortable with a more efficient floor plan and a manageable outdoor space.
Frequently Asked Questions
1. Is the low assessed value a red flag?
Not necessarily. The assessed value is consistently below average for its immediate area and street. This can indicate a more affordable tax base and may reflect the home's compact lot and living area relative to neighbours, not its condition.
2. What does the unfinished basement mean for me?
It offers flexibility. You save on property taxes in the short term since finished space increases assessment value. It allows you to finish it to your own taste and needs later, whether as a rec room, home office, or additional bedroom.
3. The home seems smaller than others on the street. Will it feel cramped?
The living area is below the street average. However, the efficient use of space in a newer build can mitigate this. Viewing the layout in person is essential to see if the flow and room sizes meet your needs.
4. How does the 2020 build date benefit me?
A home this new typically means modern building codes, newer roofing, siding, windows, and major systems (like HVAC and plumbing). This can translate to lower maintenance costs and greater energy efficiency for the first several years of ownership.
5. The sold price history shows a sale in 2020. What does that indicate?
The 2020 sale was likely the original purchase from the builder. This establishes a baseline and shows the home has had only one owner since construction, which can be a positive sign of a well-maintained property.