Property Overview
This two-storey home at 797 De La Seigneurie Boulevard in Winnipeg's Fraipont neighbourhood is a modern property built in 2022. With 1,422 sqft of living space, a detached garage, and an unrenovated basement, it presents a specific value proposition within the market.
Key Characteristics & Appeal
The primary appeal of this home lies in its new construction. Built just four years ago, it ranks in the top 1% for age both on its street and citywide, suggesting buyers will benefit from modern building standards, energy efficiency, and minimal immediate repair needs. The living space is comfortably sized, sitting around the citywide average, and is paired with a manageable 3,376 sqft lot, which translates to less yard maintenance.
Its assessed value tells a nuanced story: while it is below average for its immediate area and neighbourhood, it sits above average (top 30%) when compared to the entire city. This indicates you may be acquiring a newer, lower-maintenance property at a value-oriented point relative to the broader Winnipeg market, though not necessarily a bargain within Fraipont itself.
This property would suit first-time buyers or downsizers seeking a modern, move-in-ready home without the upkeep of a larger lot. It’s also a practical fit for those who prioritize newer infrastructure and predictable operating costs over a premium location within the neighbourhood or a large outdoor space.
Frequently Asked Questions
Q: How does the assessed value compare to the likely listing or sale price?
A: The assessed value is for municipal tax purposes and is not a direct indicator of market value. Sale prices are determined by current market conditions. Consulting a local real estate agent for comparable sales is essential.
Q: What are the implications of the "unrenovated" basement?
A: This typically means the basement is finished to a basic, functional standard but without high-end upgrades. It offers flexible living space but presents an opportunity for future personalization.
Q: The lot size is noted as below average. How might this affect daily living?
A: The smaller lot minimizes gardening and yard work—a plus for those seeking low maintenance. The trade-off is less private outdoor space for play, gardening, or entertaining.
Q: The home is new, but how does the Fraipont neighbourhood compare for amenities and feel?
A: Fraipont is a developing area. While specific amenities aren't detailed here, newer neighbourhoods often offer modern community layouts but may have evolving retail and transit services. Researching local development plans is recommended.
Q: The detached garage is noted. Are there any potential drawbacks to this?
A: A detached garage provides flexibility but means exposure to the elements when accessing your vehicle. It can also require separate maintenance (e.g., roof, siding) from the main house.