Property score
83.2
Excellent
Overall 83.2 · Newer than most nearby homes
1,510 sqft (bottom 37%) · Built in 2024 (4 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 · Within 500m: 1 park nearby
Living Area
Below average
9% smaller than neighborhood avg.
Year Built
Above average
4 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
19 Namarik Way — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 451 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% | Top 45% | Top 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 19 Namarik Way, Winnipeg
Key Characteristics & Buyer Appeal
This two-storey home in Fraipont is a modern property, built just two years ago in 2024. Its key characteristic is its newness, ranking it among the newest 1% of homes both in the wider city and within its own neighbourhood—a significant advantage for buyers seeking contemporary construction and minimal immediate maintenance. With 1,510 sqft of living space, it offers above-average roominess citywide but is a more modest size compared to its immediate neighbours on Namarik Way. The home features an attached garage and an unfinished basement, presenting a blank canvas for future customization.
The appeal lies in acquiring a like-new home without the premium often attached to brand-new builds, and in its strong value positioning. While its assessed value is average for Fraipont, it stands well above the citywide average, suggesting a solid investment in a desirable area. The lot size is manageable, ideal for those who prefer less yard upkeep. This property would best suit first-time buyers or downsizers who prioritize modern, low-maintenance living in an established community, and who see potential in personally finishing the basement to add both living space and value over time.
Frequently Asked Questions
1. Is the basement suitable for finishing?
Yes, the basement is described as "not renovated," meaning it is unfinished. This provides a clear opportunity for the new owner to customize the space to their needs, whether for additional bedrooms, a recreation room, or storage.
2. How does this home compare to others on the street?
This home is the newest on Namarik Way. However, at 1,510 sqft, it is smaller than the street average for comparable homes (1,767 sqft). This could mean a relative value opportunity or a more compact footprint, depending on a buyer's space requirements.
3. What does the sold price history indicate?
The home sold recently in August 2024 for between $455,000 and $485,000. This sale price is significantly higher than its current assessed value of $461,000, which is common for a recent sale before an assessment update. It indicates strong market interest at that time.
4. Is the property tax likely to increase?
Given that the recent sale price was higher than the current assessed value, a future municipal property assessment could result in a higher valuation and a subsequent increase in property taxes. Buyers should budget for this possibility.
5. What are the trade-offs of the lot size?
The land area of 3,779 sqft is manageable and average for the neighbourhood, but below the citywide average. This is ideal for minimal yard maintenance but may not suit those looking for extensive outdoor space, large gardens, or significant privacy from neighbours.
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