83.2
Excellent
Property score
83.2
Excellent
Overall 83.2
Newer than most nearby homes
1,587 sqft (top 50%)
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
5% smaller 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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83.2 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
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%
Local garbage, recycling, and yard waste pickup schedule for 14 Namarik Way.
Garbage
tuesday
Recycling
tuesday
Yard Waste
tuesday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Top 33% | Top 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 14 Namarik Way, Winnipeg
Key Characteristics & Appeal
This is a modern, two-storey home built in 2023, offering a move-in-ready opportunity with a renovated basement. Its key appeal lies in its balance of contemporary construction and manageable scale. With 1,587 sqft of living space, it feels spacious compared to the Winnipeg city-wide average, yet it’s a more modest size within its immediate Fraipont neighbourhood, suggesting efficient design and potentially lower utility costs. The attached garage and a land area just under 3,600 sqft provide the essentials of suburban living without the burden of extensive yard maintenance.
The home’s assessed value positions it as a solid, above-average offering city-wide, indicating good municipal valuation for its age and features. It suits first-time buyers or downsizers seeking a modern, low-maintenance property without being in a brand-new subdivision. It also appeals to value-oriented buyers who prioritize a newer build (with contemporary insulation, wiring, and finishes) but are content with a standard lot size, seeing the land more as a practical setting for the home than as a primary investment.
Frequently Asked Questions
Q: How does the size of this home compare to others in the area?
A: Its living area is above average for Winnipeg overall but is slightly below the average for the Fraipont neighbourhood. This suggests a well-utilized floor plan in a community where homes tend to be larger.
Q: What does the "Elite" ranking for Year Built city-wide mean?
A: It means this 2023 build is newer than approximately 99% of all homes in Winnipeg, highlighting a major advantage in terms of modern building codes, materials, and expected longevity of major systems.
Q: Is the lot size a concern?
A: The lot is smaller than most in both Fraipont and Winnipeg. This is a drawback if you desire extensive outdoor space or gardens, but a benefit for those seeking minimal yard work and lower exterior maintenance costs.
Q: The home sold in late 2023. Why is it back on the market so soon?
A: While we cannot speculate on the seller’s personal reasons, short ownership periods can sometimes relate to job relocations, changing family needs, or lifestyle adjustments. A professional home inspection is always recommended.
Q: How accurate is the assessed value as an indicator of market price?
A: Municipal assessed value is for tax purposes and can differ from current market value. It is a useful benchmark showing the home is valued well above the city median, but a comparative market analysis is needed to determine today’s listing or sale price.
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