Property Overview: 829 De La Seigneurie Boulevard, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2022, is a modern property in Winnipeg's Fraipont neighbourhood. Its primary appeal lies in its new construction, offering move-in readiness with minimal immediate maintenance concerns. With 1,416 sqft of living space and a detached garage, it suits small families, couples, or first-time buyers seeking a contemporary home without the premium often attached to brand-new builds.
The property presents a nuanced value proposition. While its living space and lot size (3,376 sqft) are below average for its immediate street and area, its assessed value is positioned below local averages, suggesting a potentially more accessible entry point into a newer home. This creates a practical trade-off: you acquire a modern building with updated systems and finishes, but on a more compact parcel of land. It would particularly suit buyers who prioritize the condition and age of the home itself over expansive outdoor space, and who are mindful of balancing modern amenities with budget.
Section 2: Frequently Asked Questions
1. Is this a good value compared to other homes on the street?
The data suggests a mixed picture. The home is significantly newer than most on the street (ranking in the top 1%), but its assessed value is below the street average. This could indicate a value opportunity for a newer home, but it's essential to understand the specific reasons, which may relate to its smaller lot and living area footprint.
2. What does the sold price history tell us?
The home sold in October 2024 for an estimated price range. To understand the exact sale price and how it compares to the current assessment, you can request the precise figure via email from the listing source, as this data is manually verified.
3. What are the trade-offs of the smaller lot size?
The lot is below average in size for the city and area. This typically means lower exterior maintenance but also less private outdoor space for gardening, play, or entertaining. It's a practical choice for those who prefer a low-maintenance yard.
4. How does the basement factor into the living space?
The listing notes a basement exists but is "not renovated." This provides valuable storage or mechanical space but should be viewed as unfinished square footage with potential for future development, subject to necessary permits and investment.
5. What similar properties are nearby for comparison?
The listing references recently built homes on nearby streets like Twintree Way and Crestmont Drive, which have similar assessed values and living areas. Viewing these areas can provide a good sense of the community and the style of newer homes in this price segment.