Property score
78.7
Good
Overall 78.7 · Smaller and older than most nearby homes
1,258 sqft (bottom 2%) · Built in 2018 (2 yrs older than avg)
Located in a high-income area with median household income of ~120k
Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Below average
2 yrs older than neighborhood avg.
Mother tongue
English · 55%Punjabi · 5%
Past 10 years Fraipont sales snapshot (~80% of all data)
764
515k
$359/sqft
2020
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78.7 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111207
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
109 Wapta Crescent — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 367 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 50% | Top 46% | Top 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 109 Wapta Crescent, Winnipeg
Key Characteristics & Appeal
This 1,258 sqft one-storey home, built in 2018, presents a practical and modern living option in Winnipeg’s Fraipont neighbourhood. Its key appeal lies in its balance of being a relatively new build—which means fewer immediate maintenance concerns compared to much of the city’s older housing stock—with a notably accessible price point, as reflected in its assessed value.
The home sits on a 4,494 sqft lot, which is above average for Fraipont, offering decent outdoor space for a property of this vintage. It features an attached garage and a basement (unrenovated), providing functional storage or future expansion potential. While its living space is modest, particularly compared to other homes on its own street, this contributes to its affordability.
This property would suit first-time homebuyers or downsizers seeking a low-maintenance, modern home in a quiet crescent setting. It’s also a sensible option for value-focused buyers who prioritize a newer building envelope and are comfortable with a home that may offer less interior space than some neighbours, seeing it as a trade-off for a lower entry cost into a newer community.
Frequently Asked Questions
1. Is this a good value for the money?
The data suggests it is positioned as a value play. Its assessed value is significantly below the street and neighbourhood averages for comparable homes, while the home itself is newer than most in the city. This indicates you may be paying less for the structure’s age and condition, accepting a smaller floor plan.
2. How does the lot size compare?
The lot is above average for the immediate Fraipont area, which is a positive. However, it is smaller than the typical Winnipeg lot, which often includes many older, larger properties. This is a common trait for newer subdivisions.
3. The home sold in 2023. What does that price history indicate?
The reported sold price range in 2023 aligns closely with the current assessed value, suggesting stable, modest appreciation in line with market assessments over the past two years.
4. What should I know about the "below average" living area ranking on the street?
This is the most significant trade-off. The home offers substantially less living space than most on Wapta Crescent. Buyers should ensure the layout and square footage meet their long-term needs, viewing the smaller size as the primary reason for its more accessible pricing in a newer area.
5. What does the unrenovated basement mean for potential?
It indicates the basement is finished but in its original state from 2018. It’s move-in ready but may not reflect current trends. This presents a blank canvas for future personalization without the immediate need or cost of a full basement development.
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