86.8
Excellent
Property score
86.8
Excellent
Overall 86.8
Larger and newer than most nearby homes
1,856 sqft (top 22%)
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
Above average
11% larger 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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86.8 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 18 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 | Top 50% | Top 15% | Top 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 18 Namarik Way, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fraipont is a modern, low-maintenance property built in 2023. Its key strength is its above-average size and newness compared to most of Winnipeg. With 1,856 sqft of living space, it ranks within the top 15-30% of homes city-wide and in the neighbourhood for square footage. It features a renovated basement and an attached garage.
The primary appeal lies in its move-in-ready condition and modern construction, offering contemporary efficiencies without the need for immediate updates. The property sits on a smaller, manageable lot (3,569 sqft), which translates to less yard work—a plus for some, but a consideration for those wanting extensive outdoor space. Its assessed value positions it well above the city average, suggesting a premium for its newness and location within a newer community.
This home would best suit buyers seeking a modern, spacious interior without the upkeep of an older home or a large yard. It’s ideal for professionals, small families, or downsizers who prioritize interior space and modern amenities over expansive land. The data indicates it offers a relative rarity: a newer home that is larger than the Winnipeg norm.
Section 2: Frequently Asked Questions
1. How does the lot size compare to typical Winnipeg homes?
The lot is 3,569 sqft, which is below the city-wide average. This means lower maintenance but less private outdoor space compared to many older neighbourhoods.
2. Is the home’s value consistent with the area?
Yes. Its assessed value is in the top 19% for Fraipont and the top 13% city-wide, reflecting its newer build and above-average living area for the market.
3. What does the "renovated basement" likely refer to in a 2023 home?
Given the home's age, this typically indicates the basement was finished by the builder or a previous owner shortly after construction, making it a fully livable space from the start.
4. How does this home rank on its own street?
On Namarik Way, it ranks above average for living space and value, and is average for lot size and year built, indicating it's a solidly positioned property within its immediate peer group.
5. Where can I find the exact historical sale price?
The listed sale price range is based on public data. The exact sale price from October 2023 is available by request from the listing service, which provides it manually via email.
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