Property score
85.5
Excellent
Overall 85.5 · Compared with neighbourhood average
1,624 sqft (top 44%) · Built in 2020
Located in a high-income area with median household income of ~120k
Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 1 park nearby
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Near average
0 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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85.5 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
16 Bow Water Drive — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 433 m), 1 parks (nearest 309 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 1% | Bottom 21% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 16 Bow Water Drive, Winnipeg
Key Characteristics & Appeal
This two-storey home in Fraipont is a modern property, built in 2020, offering a move-in-ready opportunity with a renovated basement. Its key appeal lies in its balance of being a newer construction within a well-established city context. While its 1,624 sqft living area is modest for its immediate street—ranking in the lower third of homes on Bow Water Drive—it is above the city-wide average, offering efficient, contemporary living space. The attached garage and a generous 4,777 sqft lot provide practical family amenities and outdoor space.
The home’s assessed value positions it as a premium property in the broader Winnipeg market (top 17% citywide), yet it appears more accessibly priced within its own neighbourhood and street. This creates a unique value proposition: you acquire a home that is newer than 97% of properties across Winnipeg, with modern systems and minimal immediate maintenance, in a setting where it isn't the most expensive house on the block. It would suit first-time buyers looking for a modern home without a "starter home" feel, or downsizers seeking a newer, low-maintenance property without compromising on space or neighbourhood amenities.
Frequently Asked Questions
1. How does the property’s value compare to nearby homes?
The home’s assessed value is above average for both the Fraipont area and the city as a whole. However, on its own street (Bow Water Drive), it ranks in the lower third for value, suggesting it may offer a competitive price point within a desirable micro-location.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specifics on finish quality, layout, and whether it includes a legal suite or additional bedrooms are not provided in the public data. This would be a key point for buyer inquiry.
3. Is this a good investment compared to older homes?
As a 2020 build, this home offers modern building codes, energy efficiency, and likely fewer major repair concerns in the near term compared to the city’s median home age (1966). This can translate to lower ongoing maintenance costs, a factor beyond just square footage.
4. Why is the living area smaller than other homes on the street?
The data shows homes on Bow Water Drive are, on average, larger. This property represents a more efficient, modern floor plan. Buyers should consider if the quality and newness of the construction offset the difference in raw square footage compared to potentially older, larger neighbours.
5. How can I find out the exact historical sale price?
The exact sold price from August 2020 is not publicly displayed. The listing service offers to provide this precise figure via email upon request, stating they aim to reply manually by the end of the same day.
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