Property score
85.1
Excellent
Overall 85.1 · Older than most nearby homes
1,500 sqft (bottom 33%) · Built in 2018 (2 yrs older than avg)
Located in a high-income area with median household income of ~141k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 1 park nearby
Living Area
Below average
10% smaller than neighborhood avg.
Year Built
Below average
2 yrs older than neighborhood avg.
Mother tongue
English · 64%French · 6%
Past 10 years Fraipont sales snapshot (~80% of all data)
764
515k
$359/sqft
2020
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85.1 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: #46111206
$141K
Median household income
$153K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
7%
Single-person households
54%
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
13 Bow Water Drive — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 378 m), 1 parks (nearest 322 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 22% | Top 4% | Top 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 13 Bow Water Drive in Winnipeg's Fraipont neighbourhood presents a specific and compelling profile. Built in 2018, it is a modern property with an unrenovated basement and an attached garage, situated on a notably generous lot for its area.
Key Characteristics & Appeal
The primary appeal of this home lies in its balance of modern construction and land value. While its 1,500 sqft living space is modest compared to immediate neighbours (ranking it at the lower end for Bow Water Drive), it is above the city-wide average. This suggests a efficient, newer layout that may suit those preferring single-level living without excessive square footage. The standout feature is the 5,773 sqft lot, which is significantly larger than most in Fraipont and on its own street, offering ample outdoor space and potential.
Its assessed value is well above average for both the neighbourhood and the entire city, indicating strong official valuation relative to peers. This, combined with its recent build year, positions it as a low-maintenance, modern home in a well-regarded area. It would particularly suit buyers seeking a newer build to avoid major immediate repairs, those who value generous private outdoor space over a very large interior, and downsizers or young families looking for single-storey convenience with room to grow outdoors.
Frequently Asked Questions
1. Is the price reasonable for the home's size?
While the living area is below average for the immediate street, the assessed value reflects premiums for the modern build year, the large lot size, and the desirability of the Fraipont area. You are paying for land, condition, and location as much as pure square footage.
2. What does "basement, not renovated" imply?
The basement is finished but has not been updated since the home was built in 2018. It is likely functional and in good condition, but may feature builder-grade finishes that could be modernized to personal taste over time.
3. How does the lot size compare practically?
At nearly 5,800 sqft, the lot is over 25% larger than the average lot in Fraipont. This translates to more backyard space for gardening, recreation, or future additions like a deck or shed, which is a notable advantage in newer subdivisions.
4. The home sold in 2022. What can that price history tell me?
The sold price range from 2022 provides a recent market benchmark. Comparing it to the current assessed value can help gauge how local valuations have moved. It's a solid data point for understanding the property's trajectory.
5. Who are the typical neighbours or buyers in this area?
Given the above-average assessed values in Fraipont, the neighbourhood tends to attract established professionals and families. The mix of newer homes (like this one) and older properties suggests a community with a range of ages, often valuing stability and amenities.
