101 Lucerne Place

Fraipont, Winnipeg

Property score

90.2

Excellent

Overall 90.2 · Larger than most nearby homes

2,425 sqft (top 2%) · Built in 2020

Located in a high-income area with median household income of ~120k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby

Living Area

Above average

45% larger than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 55%Punjabi · 5%

Past 10 years Fraipont sales snapshot (~80% of all data)

Sold Count

764

Median price

515k

$/sqft

$359/sqft

Avg build year

2020

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Property score

90.2 is composed by the two sections below.

Property Score

90.3Excellent
Living Area2,425 sqft96Excellent
Year Built202097Excellent
Lot Size4,593 sqft60Fair
Neighbourhood Sales Activity86Excellent

Community Score

90.0Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress63Fair
Core Housing Need100Excellent
Employment Health100Excellent

Neighbourhood Sales

Fraipont

How to read: Share of sales in each ~$50k price band for “fraipont” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111207

Community deep dive

$120K

Median household income

$132K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

9%

Single-person households

49%

Families with children

Population, labour & age

Population (2021)1,509
Labour force participation rate88%
Median age31.2
Avg household size3.1
Unemployment rate2%
Population density1658 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households9%
Couple families with children49%
Median household income (2020)$120K

Housing

Renter households9%
Condominium dwellings2%
Median dwelling value (owners)$468K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority63%
Bachelor's or higher (25–64)59%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Punjabi · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,425 sqft
0255075100
Same streetTop 5%Same areaTop 2%CitywideTop 4%
Same street · Lucerne Place
#2 / 40
Top 5% · Avg 1,846 sqft
Same area · Fraipont
#20 / 1,128
Top 2% · Avg 1,668 sqft
Citywide · Winnipeg
#6,847 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
664k
0255075100
Same streetTop 18%Same areaTop 6%CitywideTop 5%
Same street · Lucerne Place
#7 / 40
Top 18% · Avg 563.1k
Same area · Fraipont
#64 / 1,128
Top 6% · Avg 501.8k
Citywide · Winnipeg
#9,445 / 194,458
Top 5% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 38%Same areaTop 46%CitywideTop 3%

Lot Size

above average
4,593 sqft
0255075100
Same streetTop 28%Same areaTop 25%CitywideBottom 36%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

101 Lucerne Place — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 150 m).

Search radius
🌳Parks3

Crime & Safety

Fraipont · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-98%

vs. prior year

Primary type

Property

100%

Sales History

Sold 10/2020CA$500k–550k
Sold price

Same street

Top 39%

Same area

Top 23%

City-wide

Top 11%

Related homes

Highlights & common questions: 101 Lucerne Place, Winnipeg

Property Overview: 101 Lucerne Place, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in the Fraipont neighbourhood is a modern, spacious property built in 2020. Its key characteristic is its generous 2,425 sqft of living space, which places it in the top 5% of homes on its street and the top 2% within Fraipont. The home features a renovated basement and an attached garage, situated on a standard urban lot of approximately 4,593 sqft.

The primary appeal lies in its combination of contemporary construction and above-average size for the area, offering move-in-ready space without the need for immediate updates. Its assessed value is notably strong, ranking in the top 6% of the neighbourhood, suggesting a solid investment profile. This property would best suit buyers looking for a modern, low-maintenance family home in a newer community, particularly those who value ample interior space over a large yard. It also appeals to the data-conscious buyer, as its metrics consistently outperform local averages for living area and value.

Section 2: Frequently Asked Questions

1. How does this home’s size truly compare to others?
This home’s living area is significantly larger than average. It is about 800 sqft bigger than the typical Winnipeg home and ranks 20th out of 1,128 comparable properties in Fraipont.

2. What does the "Elite" or "above average" ranking mean for value?
These rankings compare the home to specific peer groups. For assessed value, it ranks in the top 6% in Fraipont, indicating it is valued higher than 94% of similar local homes—a positive sign for its market position and potential equity.

3. Is the lot size a drawback?
The lot is slightly above average for its immediate street and neighbourhood. While it’s smaller than the city-wide average lot, this is typical for newer subdivisions and aligns with the modern trade-off of more interior living space for less exterior maintenance.

4. The home sold in 2020. What can that history tell me?
The initial sale price from 2020 provides a baseline. The current assessed value being in an elite percentile suggests significant appreciation since then, but consulting a real estate professional for a current market analysis is essential.

5. Are there any immediate red flags from this data?
The data shows no obvious concerns. The home is modern, spacious, and well-assessed. The next step would be to investigate things not shown in metrics, such as the quality of the basement renovation, the condition of finishes, and the specific dynamics of the Lucerne Place street itself.

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