Property Overview
This two-storey home at 761 De La Seigneurie Boulevard in Winnipeg's Fraipont neighbourhood is a modern property built in 2021. It offers 1,389 sqft of living space, a detached garage, and a basement that is present but not renovated. The lot size is 3,376 sqft. Recent sales data shows it sold in June 2023 and previously in September 2021.
Key Characteristics & Appeal
The primary appeal of this home is its modern age in a city with an older housing stock. Built just five years ago, it ranks in the top 2% city-wide for being a newer build, suggesting lower immediate maintenance costs and modern construction standards. Its assessed value is around average for Winnipeg, positioning it as an accessible entry point into a newer home without a premium price tag.
However, its characteristics are more modest within its immediate Fraipont neighbourhood and on its own street. The living space, land area, and assessed value all rank below the local averages. This creates a specific dynamic: you are purchasing a relatively new house, but one of the smaller and more value-oriented properties on the block. It would suit a first-time buyer or downsizer who prioritizes a modern, low-maintenance home over sheer size, and who is comfortable with a compact lot. The unrenovated basement presents a clear opportunity for future customization to add value and space.
Frequently Asked Questions
1. Is this a good value for the money?
Based on the data, its assessed value is around the city-wide average, but it is below average for its own street and neighbourhood. This suggests it may offer relative value for a newer build, especially for buyers who don't require a larger lot or home.
2. What are the potential drawbacks?
The lot and living space are notably smaller than most neighbouring properties. The basement is unfinished, requiring an investment to utilize that space fully. Its below-average rankings on the street for key metrics could influence future resale appeal to buyers seeking larger homes in the area.
3. How has the property's value changed?
The home sold in September 2021 and again in June 2023. The sold price range increased between those sales, reflecting market trends over that period. For the exact sold prices, you can request the information via email from the source.
4. What is the neighbourhood like?
Fraipont appears to be a modern subdivision, with many reference properties built in the last 5-10 years. The listed comparable homes on nearby streets like Crestmont Drive and Twintree Way are all similarly new, indicating a consistent, contemporary community character.
5. Are there any obvious projects needed?
The only stated project is the unfinished basement. As a 2021 build, major structural or system renovations should not be immediately necessary, but a standard inspection is always recommended.