Property Overview: 74 Lucerne Place, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fraipont is a modern property, built in 2023, offering a move-in-ready opportunity with minimal upkeep in its early years. With 1,574 sqft of living space and an attached garage, it provides a practical layout for everyday living. Its appeal lies in its contemporary build within an established neighbourhood, offering a balance of new-home amenities and community maturity.
The home suits first-time buyers or small families looking for a modern, low-maintenance property without venturing into brand-new subdivisions. It also presents a sensible option for value-conscious buyers, as its assessed value is notably above the Winnipeg city-wide average, yet it sits around the average for the Fraipont area itself—suggesting you get a newer home for a typical local price. A thoughtful perspective is the lot size: while ample for the neighbourhood, it is below the city-wide average, indicating a more efficient, lower-maintenance yard suited for those prioritizing indoor living space over extensive outdoor upkeep.
Section 2: Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,574 sqft, the living area is below the average for Lucerne Place itself but is very close to the average for the broader Fraipont area. City-wide, it ranks above average, offering more space than many Winnipeg homes.
2. What does the assessed value tell us?
The assessed value of $49.20k is above average for Winnipeg, indicating a strong valuation. Within Fraipont, however, it is very typical, ranking near the middle. This suggests the property is aligned with neighbourhood norms rather than being an outlier.
3. Is the property in a newer area?
The home is one of the newest on its street (top 3%) and in the city (top 1%). However, Fraipont as a whole has many homes built around 2020, so it’s a relatively modern neighbourhood overall, not an isolated new build.
4. What is the likely maintenance situation?
Being only 3 years old, major structural components like the roof, furnace, and windows should be in excellent condition, offering significant peace of mind and predictable costs for the next several years.
5. Can I get the exact historical sale price?
The listed sale range is based on public data. The exact sold price is available by request directly from the listing source, which provides it via email without using your address for unsolicited marketing.