Property score
86.3
Excellent
Overall 86.3 · Larger and newer than most nearby homes
1,784 sqft (top 28%) · Built in 2023 (3 yrs newer than avg)
Located in a high-income area with median household income of ~120k
Transit 52.0 · 6-min walk to transit with 1 nearby route · Within 500m: 1 park nearby
Living Area
Above average
7% larger than neighborhood avg.
Year Built
Above average
3 yrs newer 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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86.3 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
11 Namarik Way — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 458 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 25% | Top 7% | Top 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 11 Namarik Way, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in the Fraipont neighbourhood is a modern, low-maintenance property built in 2023. Its key appeal lies in its balance of being a newer build within a well-established context. With 1,784 sqft of living space, it offers above-average roominess for both the neighbourhood and the city. The attached garage and full (though unrenovated) basement add practical utility.
The home’s standout characteristic is its relative newness, placing it in the top 1% of homes city-wide for year built. This translates to modern building standards, energy efficiency, and minimal immediate repair concerns. Its lot size (4,015 sqft) is generous for the immediate street, offering good outdoor space for a newer subdivision home, though it is more compact than the Winnipeg city average. The assessed value is strong for the area, indicating solid perceived worth.
This property would best suit first-time buyers or downsizers seeking a modern, move-in-ready home without the premium of a brand-new custom build. It’s also a practical choice for investors or busy professionals who value newer infrastructure and want to avoid the unexpected costs and projects often associated with older homes. The neighbourhood positioning suggests community stability without sacrificing modern comforts.
Section 2: Frequently Asked Questions
1. Is this a good value compared to other homes in Fraipont?
The data suggests it is. The home ranks in the top 30% of the neighbourhood for assessed value and the top 13% for year built, meaning you’re getting a newer property with a strong valuation relative to the area.
2. What does "basement yes, not renovated" mean?
It confirms the home has a full basement, but it is in a basic, unfinished state. This is typical for newer builds and presents a blank canvas for future development, adding potential value without an upfront cost.
3. How does the lot size impact living here?
At just over 4,000 sqft, the lot is larger than others on Namarik Way, providing good private outdoor space. However, it’s smaller than the typical Winnipeg lot. This is a common trade-off in newer subdivisions, offering lower yard maintenance but less room for expansive gardens or additions.
4. The home sold recently in 2023. Why is it back on the market?
While the specific reason isn’t provided, a quick resale of a nearly new home can sometimes indicate a job relocation, change in family circumstances, or an investor exiting the market. It does not inherently reflect on the property’s condition.
5. Where does this home excel compared to the wider Winnipeg market?
Its modernity is its greatest advantage. Being built in 2023 places it in the elite top 1% of homes city-wide by age. For buyers prioritizing contemporary layouts, energy efficiency, and newer mechanical systems (like HVAC and plumbing) over the character and larger lots of older neighbourhoods, this is a significant benefit.
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