Property Overview: 92 Crestmont Drive
Key Characteristics & Buyer Appeal
This two-storey home at 92 Crestmont Drive in Winnipeg’s Fraipont neighbourhood is a modern, low-maintenance property built in 2021. Its key features include 1,534 sqft of living space, an attached garage, and a full basement awaiting your personal finish. The home sits on a 3,793 sqft lot.
The primary appeal lies in its balance of being a newer build within a well-established context. While the home is very average for its immediate street and area in terms of size, value, and lot, it stands out city-wide. Compared to the typical Winnipeg home, it offers significantly more modern construction (ranking in the top 2% by year built) and above-average living space. This positions it as a sensible, move-in-ready home that avoids the premium of a brand-new subdivision while offering modern efficiencies and minimal immediate repair concerns.
This property would best suit first-time buyers or young families seeking a modern home without the wait or higher cost of new construction. It’s also a practical fit for buyers who value a standard, manageable lot size over extensive yard work. The unfinished basement presents a clear opportunity for customization and added value, appealing to those with a vision for future projects.
Frequently Asked Questions
1. How does this home compare to others in the area?
Within Fraipont and on Crestmont Drive itself, this home is consistently around average for its key metrics like size, assessed value, and lot. This means it’s a typical, in-line offering for the neighbourhood, not an outlier in terms of price or scale.
2. What is the potential of the basement?
The listing confirms the basement is full but unfinished. This is a blank canvas for future living space, a recreation room, or additional bedrooms, subject to proper permits and renovations. It adds flexibility but requires investment to realize its full potential.
3. Is the lot size a concern?
The lot is smaller than the city-wide average, which is common for newer infill developments. This translates to less exterior maintenance, which can be a benefit for some buyers. For those prioritizing large outdoor space or extensive gardening, it may feel limited.
4. What does the "Elite" city-wide ranking for year built mean?
This statistical ranking indicates that, compared to all Winnipeg homes, this 2021 build is newer than approximately 98% of the housing stock. It highlights a major advantage in terms of modern building standards, expected energy efficiency, and likely fewer near-term maintenance issues compared to the city's older housing inventory.
5. Why is the assessed value different from the past sold price?
The assessed value (listed as $46.60k) is a municipal valuation for tax purposes and is not a market price. The home last sold in April 2021 for an estimated $36.5k-$39.5k. Market value is determined by current conditions, buyer demand, and the specific sale, not the tax assessment.