Property score
90.5
Excellent
Overall 90.5 · Larger but older than most nearby homes
2,017 sqft (top 12%) · Built in 2018 (2 yrs older than avg)
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
21% larger than neighborhood avg.
Year Built
Below average
2 yrs older than neighborhood avg.
Mother tongue
English · 64%French · 6%
Past 10 years Fraipont sales snapshot (~80% of all data)
764
515k
$359/sqft
2020
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90.5 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: #46111206
$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
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
21 Bow Water Drive — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 386 m), 1 parks (nearest 346 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 44% | Top 5% | Top 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 21 Bow Water Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fraipont presents a compelling blend of modern convenience and established value. Built in 2018, it offers the advantages of a relatively new construction without the premium of a brand-new build. With over 2,000 sqft of living space, it sits above average for both the neighbourhood and the city, providing ample room for families.
The home’s primary appeal lies in its strong positional value. The assessed value places it in the elite top 3% for Fraipont and citywide, indicating a property that has held its worth exceptionally well compared to peers. It sits on a generous lot that is larger than most in the immediate area, offering good outdoor space. The attached garage adds practical convenience. It’s worth noting that the basement exists but is not renovated, presenting a straightforward project for future expansion or storage.
This property would best suit buyers looking for a move-in ready, modern family home in a established neighbourhood, who may also appreciate the opportunity to customize the basement space later. It’s particularly suited for value-conscious purchasers who prioritize metrics of long-term investment, as the strong assessed value suggests a solid foundation.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
Its assessed value is above average on its own street and ranks in the elite top 3% within the broader Fraipont area, suggesting it is considered a higher-value home in this locale.
2. Is the neighbourhood older or newer?
Fraipont has a mix, but this 2018-built home is newer than about 75% of homes in the neighbourhood, making it a relatively recent addition.
3. What does "basement, not renovated" mean?
It confirms the house has a basement, but it is in an unfinished or basic state. This is a common scenario, allowing the new owner to finish it to their own taste and needs.
4. How accurate is the sold price history shown?
The listed sold price is a range based on public data. For the exact historical sale price, you must request it directly via the provided email service.
5. The city-wide average lot size seems larger. Why?
While this home’s lot is larger than most in Fraipont, the city-wide average is influenced by many older neighbourhoods with traditionally larger lots. This property offers a balance of above-average indoor space and a very good-sized lot for its specific, modern context.
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