17 Bow Water Drive

Fraipont, Winnipeg

Property score

90.5

Excellent

Overall 90.5 · Larger than most nearby homes

2,143 sqft (top 7%) · Built in 2020

Located in a high-income area with median household income of ~141k

Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 1 park nearby

Living Area

Above average

28% larger than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 64%French · 6%

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

90.5 is composed by the two sections below.

Property Score

91.2Excellent
Living Area94
2,143 sqftExcellent
Year Built97
2020Excellent
Lot Size74
5,772 sqftGood
Neighbourhood Sales Activity86
Excellent

Community Score

89.5Excellent
Household Income93
Excellent
Education Level82
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health83
Excellent

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: #46111206

Community deep dive

$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

Population, labour & age

Population (2021)2,712
Labour force participation rate73%
Median age36.8
Avg household size3.3
Unemployment rate6%
Population density3190 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households7%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority38%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 64%
Mother tongue (2nd)French · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
2,143 sqft
0255075100
Same streetTop 30%Same areaTop 7%CitywideTop 8%
Same street · Bow Water Drive
#8 / 27
Top 30% · Avg 1,986 sqft
Same area · Fraipont
#82 / 1,128
Top 7% · Avg 1,668 sqft
Citywide · Winnipeg
#14,798 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

Elite
711k
0255075100
Same streetTop 41%Same areaTop 4%CitywideTop 4%
Same street · Bow Water Drive
#11 / 27
Top 41% · Avg 630k
Same area · Fraipont
#50 / 1,128
Top 4% · Avg 501.8k
Citywide · Winnipeg
#7,034 / 194,458
Top 4% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 11%Same areaTop 46%CitywideTop 3%

Lot Size

above average
5,772 sqft
0255075100
Same streetTop 26%Same areaTop 10%CitywideTop 37%

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

17 Bow Water Drive — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 382 m), 1 parks (nearest 334 m).

Search radius
🏫Education1
🌳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%

Sales History

Sold 9/2020CA$600k–650k
Sold price

Same street

Bottom 33%

Same area

Top 9%

City-wide

Top 6%

Related homes

Highlights & common questions: 17 Bow Water Drive, Winnipeg

Property Overview: 17 Bow Water Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in the Fraipont neighbourhood is a modern, above-average property built in 2020. Its primary appeal lies in its strong combination of space, contemporary construction, and a desirable location. With over 2,140 sqft of living area, it offers significantly more space than the typical Winnipeg home and is complemented by a renovated basement. The attached garage and a land area of over 5,700 sqft provide practical family living.

The home’s value is underscored by its "Elite" city-wide ranking for assessed value, placing it in the top 4% of all Winnipeg properties. This suggests a premium build quality, finishes, or location factors that are formally recognized. It suits buyers looking for a move-in ready, modern home without the wait of new construction, and who prioritize space and established neighbourhood character. A thoughtful perspective is that while the home is newer, its value ranking in Fraipont is exceptionally high (Top 4%), potentially offering a more premium foothold in the area compared to immediate neighbours. The data indicates it’s a sizeable, modern property that stands out more in the broader city context than it does on its own street.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
While its assessed value is around average for Bow Water Drive, it ranks in the top 4% within the larger Fraipont area. This suggests it is a premium property for the neighbourhood, possibly due to its size, newer build year, or renovation level.

2. Is the sold price history available?
Exact sold prices are not publicly listed. The provided range for its last sale in September 2020 is $595,000 - $625,000. The precise figure can be requested directly from the listing service.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. This would be a key point to clarify with the seller or listing agent to understand the finish quality and potential uses.

4. How does the lot size compare to typical city lots?
At 5,772 sqft, the lot is above average for both its street and the Fraipont area, but slightly below the city-wide average. This points to a generous yard for the immediate area while being a manageable size for maintenance.

5. Why is the year built considered "Elite" city-wide?
With a 2020 build date, this home is significantly newer than the Winnipeg city-wide average home, which was built around 1966. This modern construction likely means updated building codes, materials, and systems, reducing immediate repair concerns.