Property score
87.0
Excellent
Overall 87.0 · Larger but older than most nearby homes
1,843 sqft (top 23%) · Built in 2018 (2 yrs older than avg)
Located in a high-income area with median household income of ~120k
Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby
Living Area
Above average
10% larger 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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87.0 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
113 Wapta Crescent — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 360 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 | Bottom 33% | Bottom 38% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This two-storey home on Wapta Crescent in Fraipont is a modern, low-maintenance property built in 2018. Its key characteristics include a renovated basement, an attached garage, and a living space of 1,843 sqft set on a standard 4,494 sqft lot. The appeal lies in its balance of being a relatively new build—sparing buyers from immediate major repairs—coupled with the added value of a finished basement. The data suggests it occupies a unique position: while its assessed value is in the top tier for the street and neighbourhood, its living area is more modestly ranked, indicating a premium may be placed on its condition, updates, or specific location within the area.
It would suit practical buyers looking for a move-in-ready home in a developing community, who value modern systems and a renovated space over a larger, older footprint. It’s also a sensible fit for those mindful of property taxes, as the assessed value is firmly established, providing clearer future budgeting than a newly built home with an untested assessment.
Frequently Asked Questions
1. How does the assessed value compare to the likely selling price?
The home is assessed at $599,000, which places it in the top 10% of the neighbourhood. This high assessment often reflects recent market value, but the final sale price will be determined by current market conditions.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specifics on the finish, layout, or whether it includes a legal suite are not provided. This would be a key point to clarify with the seller or a viewing.
3. Is this a good area for future resale value?
The data shows Fraipont is an active community with many newer and recently sold homes, suggesting steady demand. The property’s high assessment rank and newer build are positive factors for value retention.
4. Why is the living area ranked lower than the value?
The home’s living space is above average for Winnipeg but ranks in the middle-to-lower tier for its immediate street and neighbourhood. This indicates the premium is likely driven by the home’s newer age, renovated condition, and lot, rather than sheer size.
5. What are the comparable homes in the area?
The listing suggests nearby homes on Bonaventure Drive and Eau-Claire Drive as references, with a range of sizes and values. This indicates a varied streetscape, so visiting the specific block is important to understand the character of this home’s immediate surroundings.
