23 Lucerne Place

Fraipont, Winnipeg

Property score

83.4

Excellent

Overall 83.4 · Compared with neighbourhood average

1,544 sqft (bottom 43%) · Built in 2020

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: 3 parks nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 55%Punjabi · 5%

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

83.4 is composed by the two sections below.

Property Score

79.0Good
Living Area1,544 sqft79Good
Year Built202097Excellent
Lot Size4,016 sqft53Fair
Neighbourhood Sales Activity86Excellent

Community Score

90.0Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress63Fair
Core Housing Need100Excellent
Employment Health100Excellent

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: #46111207

Community deep dive

$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

Population, labour & age

Population (2021)1,509
Labour force participation rate88%
Median age31.2
Avg household size3.1
Unemployment rate2%
Population density1658 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households9%
Couple families with children49%
Median household income (2020)$120K

Housing

Renter households9%
Condominium dwellings2%
Median dwelling value (owners)$468K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority63%
Bachelor's or higher (25–64)59%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Punjabi · 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
1,544 sqft
0255075100
Same streetBottom 7%Same areaBottom 43%CitywideTop 28%
Same street · Lucerne Place
#37 / 40
Bottom 7% · Avg 1,846 sqft
Same area · Fraipont
#639 / 1,128
Bottom 43% · Avg 1,668 sqft
Citywide · Winnipeg
#54,585 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

above average
516k
0255075100
Same streetBottom 45%Same areaTop 29%CitywideTop 17%
Same street · Lucerne Place
#22 / 40
Bottom 45% · Avg 563.1k
Same area · Fraipont
#330 / 1,128
Top 29% · Avg 501.8k
Citywide · Winnipeg
#33,632 / 194,458
Top 17% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 38%Same areaTop 46%CitywideTop 3%

Lot Size

around average
4,016 sqft
0255075100
Same streetBottom 10%Same areaTop 46%CitywideBottom 26%

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

23 Lucerne Place — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 146 m).

Search radius
🌳Parks3

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 2/2023CA$500k–550k
Sold price

Same street

Top 47%

Same area

Top 32%

City-wide

Top 14%

Related homes

Highlights & common questions: 23 Lucerne Place, Winnipeg

Property Overview: 23 Lucerne Place, Fraipont, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, low-maintenance home built in 2020, offering the appeal of a nearly new property without the premium of a brand-new build. Its key features include a renovated basement and an attached garage. The 1,544 sqft living space is efficiently designed, ranking above average for Winnipeg overall but more modest within its immediate, newer neighbourhood of Fraipont. This presents a nuanced value proposition: you get a contemporary home with modern systems and finishes, but on a smaller, more manageable lot compared to city-wide averages.

The primary appeal lies in its balance. It suits buyers seeking a turnkey, modern home in a developing area, who prioritize interior space and low upkeep over a large yard. It’s an ideal fit for professionals, small families, or downsizers who want a newer construction’s reliability without the largest footprint or property taxes. A thoughtful perspective is its assessed value, which is strong for the area and city, suggesting a solid foundation for municipal valuation, though the lot size is compact for the street—a trade-off for less exterior maintenance.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to the neighbourhood?
While its living area is above the Winnipeg average, it is below the average for Lucerne Place itself, where homes tend to be larger. This means the home offers modern efficiency in a street of more spacious properties.

2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand if it’s a finished living space, a rental suite, or a modernized utility and storage area.

3. Is the sold price history available?
An approximate sold price range from February 2023 is provided (49.5k-52.5k). For the exact historical sold price, you must request it directly via email from the listing service, as they manually provide this data.

4. How does the property’s value hold up in the area?
The home’s assessed value is above average for both Fraipont and Winnipeg overall, but around the middle of the pack for Lucerne Place. This indicates it’s a financially solid property within the city context, positioned fairly among its immediate neighbours.

5. What are the trade-offs of the smaller lot?
The land area is smaller than most on the street and the city average. This means less yard maintenance and potentially lower landscaping costs, but also less private outdoor space. It emphasizes the property’s orientation as a modern, interior-focused home.

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