Property score
81.7
Excellent
Overall 81.7 · Smaller than most nearby homes
1,492 sqft (bottom 29%) · Built in 2021 (1 yr newer 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: 2 parks nearby
Living Area
Below average
11% smaller than neighborhood avg.
Year Built
Near average
1 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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81.7 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
162 Evelyne Reese Boulevard — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 251 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 33% | Top 42% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 162 Evelyne Reese Boulevard, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2021, offers modern living in Winnipeg's Fraipont neighbourhood. Its key appeal lies in its balance of being a relatively new build—sparing owners from major immediate repairs—paired with a manageable scale. With 1,492 sqft of living space and a 3,717 sqft lot, the property sits comfortably around the average for its immediate street and area, suggesting it fits well within the local streetscape without feeling oversized or cramped.
The home’s standout characteristic is its value proposition within the wider city context. While its size and assessed value are typical for Fraipont, it ranks within the top third city-wide for assessed value and is in the elite top 2% for the age of the home, indicating a much newer construction than the Winnipeg average. This positions it as a modern, low-maintenance alternative to the city's predominantly older housing stock. The detached garage adds practical utility.
This property would suit first-time buyers or downsizers seeking a turn-key, newer home without the premium often attached to brand-new builds. It’s also a practical choice for value-conscious buyers who prioritize modern systems and building codes over having the largest footprint on the block. The recent 2024 sale suggests a stable, established value in the area.
Section 2: Frequently Asked Questions
1. What does the assessed value ranking actually mean for me?
While the assessed value ($44.50k) is below the Fraipont area average, it ranks in the top 29% city-wide. This often reflects the significant premium for a newer home (2021) compared to Winnipeg's median home age of 1966, potentially translating to lower immediate maintenance costs.
2. Is the living space sufficient for a growing family?
At 1,492 sqft, it is slightly below the area average. It would suit a small to medium-sized family comfortably, but those needing extensive space or dedicated rooms for multiple hobbies may find it compact. The two-storey layout typically offers good separation of living and sleeping areas.
3. How does the lot size impact the property?
The lot is just under a quarter-acre (3,717 sqft). It's ample for a patio, garden, and play area but is below the city-wide average. This means less yard maintenance but also less private space than you might find in older, outer neighbourhoods.
4. The home sold recently in 2024. What does that indicate?
The recent sale provides a clear, current market price point (in the $46.5k-$49.5k range at that time), offering a solid benchmark for value. It suggests the property is in a liquid market and isn’t a long-held "off-market" type of find.
5. What are the implications of the basement being "not renovated"?
The basement is finished but not updated. This is a neutral point: it provides immediate usable space (e.g., for laundry, storage, or a rec room) without the cost of excavation, but any modernization would be an additional project for the buyer. It represents potential rather than a move-in-ready premium space.
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