12 Geneva Lane

Fraipont, Winnipeg

80.5

Excellent

Overall 80.5

Smaller than most nearby homes

1,336 sqft (bottom 5%)

Built in 2019 (1 yr older than avg)

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: 1 park nearby

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Below average

1 yrs older 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

80.5 is composed by the two sections below.

Property Score

74.2Good
Living Area1,336 sqft71Good
Year Built201997Excellent
Lot Size4,385 sqft53Fair
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

around average
1,336 sqft
0255075100
Same streetBottom 13%Same areaBottom 5%CitywideTop 39%
Same street · Geneva Lane
#27 / 31
Bottom 13% · Avg 1,467 sqft
Same area · Fraipont
#1,071 / 1,128
Bottom 5% · Avg 1,668 sqft
Citywide · Winnipeg
#76,437 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

around average
431k
0255075100
Same streetBottom 23%Same areaBottom 18%CitywideTop 32%
Same street · Geneva Lane
#24 / 31
Bottom 23% · Avg 439.4k
Same area · Fraipont
#924 / 1,128
Bottom 18% · Avg 501.8k
Citywide · Winnipeg
#61,787 / 194,458
Top 32% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 3%Same areaBottom 38%CitywideTop 4%

Lot Size

Elite
4,385 sqft
0255075100
Same streetTop 3%Same areaTop 34%CitywideBottom 32%

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

12 Geneva Lane — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 281 m).

Search radius
🌳Parks1

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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 12 Geneva Lane.

🗑️

Garbage

tuesday

♻️

Recycling

tuesday

🍂

Yard Waste

tuesday b

Sales History

Sold 11/2024CA$400k–450k
Sold price

Same street

Top 35%

Same area

Bottom 42%

City-wide

Top 24%
Sold 7/2019CA$300k–350k
Sold price

Same street

Bottom 4%

Same area

Bottom 1%

City-wide

Bottom 49%

Related homes

Highlights & common questions: 12 Geneva Lane, Winnipeg

Property Overview: 12 Geneva Lane, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fraipont is a study in contrasts, offering a very modern build on a generous lot within a neighbourhood context of more modestly sized properties. Built in 2019, it is one of the newest homes on its street and city-wide, promising contemporary construction standards and minimal immediate maintenance. With 1,336 sqft of living space and an unrenovated basement, it provides a solid, move-in-ready canvas.

Its primary appeal lies in its land value and positioning. The 4,385 sqft lot is notably larger than most on Geneva Lane and in Fraipont, offering above-average outdoor space for the immediate area—a significant perk for families or those who value privacy and room to garden or entertain. The detached garage adds practical utility.

This property would best suit pragmatic first-time buyers or investors looking for a modern, low-maintenance structure in a developing neighbourhood. It’s also a compelling option for those who prioritize land size and the potential for future expansion or landscaping over having a larger finished living area today. The data suggests it’s priced accessibly within its local market, making it an entry point into a newer home without the premium often attached to such properties city-wide.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to the area?
The assessed value is consistently below the average for both Geneva Lane and the wider Fraipont area, suggesting the property may be positioned as a value-oriented option within its immediate market.

2. What does the sale history indicate?
The home sold new in 2019 and again in late 2024. The 2024 sale price range is close to the current assessed value, indicating a stable, non-speculative market value in recent transactions.

3. Is the lot size a significant advantage?
Yes, particularly within the local context. The lot is in the top 3% on its street for size, meaning it offers more outdoor space than nearly all its direct neighbours, which is a less obvious but valuable differentiator.

4. What should I know about the living space?
At 1,336 sqft, the living area is below average for both the street and Fraipont. Buyers should be comfortable with a more compact footprint, balanced by the newer build and larger lot.

5. What is the neighbourhood context?
Geneva Lane appears to be a street of relatively newer homes (averaging around 2018). This home is the newest on the block, which can be an advantage for construction quality and systems, but it sits in a wider city neighbourhood where property sizes and values are generally more modest.

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