Property Overview: 98 Evelyne Reese Boulevard, Fraipont, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2018, offers modern construction in a move-in-ready state. With 1,492 sqft of living space, it provides comfortable room for a small family or couple, sitting around the average size for Winnipeg overall. Its primary appeal lies in its contemporary age, which typically means fewer immediate repair concerns and modern building standards compared to much of the city's older housing stock.
The property suits practical, value-conscious buyers. It's ideal for first-time homeowners seeking a newer build without a premium price tag, or for investors looking for a relatively modern rental property. The home’s assessed value is notably below average for its immediate street and neighborhood, which could indicate a lower property tax burden or a value opportunity in Fraipont. A thoughtful perspective is that this home offers a trade-off: you gain a newer structure but on a smaller lot (2,256 sqft) that is significantly more compact than most in the city. This positions it well for those who prefer low-maintenance outdoor space and prioritize the home itself over land.
Section 2: Frequently Asked Questions
1. Is the basement finished?
No, the basement is present but unrenovated. This provides blank-canvas storage or future living space, but would require investment to finish.
2. How does the property's value compare to the area?
The home's assessed value is in the bottom 10% on its own street and bottom 2% in the Fraipont area, suggesting it is valued lower than many direct neighbors. City-wide, however, its assessment is around the 40th percentile, or fairly average.
3. What are the parking arrangements?
The listing specifies there is no garage. Buyers should inquire about driveway space or on-street parking regulations.
4. The home sold recently in early 2025. What was the price?
The provided sold price range is between $38.50k and $41.50k. For the exact sale price, you can request the information via email from the listing source.
5. Given the small lot size, are there any expansion possibilities?
With a land area in the bottom 1% city-wide, outdoor space and the potential for major additions like a large extension or pool are very limited. Any expansion plans would need careful review with local zoning bylaws.