242 Whitehorn Crescent

Fraipont, Winnipeg

Property score

82.4

Excellent

Overall 82.4 · Newer than most nearby homes

1,566 sqft (bottom 47%) · Built in 2024 (4 yrs newer than avg)

Located in a high-income area with median household income of ~120k

Transit 62.0 · 5-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Near average

6% 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)

Sold Count

764

Median price

515k

$/sqft

$359/sqft

Avg build year

2020

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Property score

82.4 is composed by the two sections below.

Property Score

77.4Good
Living Area1,566 sqft79Good
Year Built2024100Excellent
Lot Size3,484 sqft38Low
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
1,566 sqft
0255075100
Same streetTop 40%Same areaBottom 47%CitywideTop 27%
Same street · Whitehorn Crescent
#27 / 68
Top 40% · Avg 1,617 sqft
Same area · Fraipont
#603 / 1,128
Bottom 47% · Avg 1,668 sqft
Citywide · Winnipeg
#52,613 / 194,458
Top 27% · Avg 1,342 sqft

Tax-Assessed Value

around average
428k
0255075100
Same streetBottom 22%Same areaBottom 17%CitywideTop 32%
Same street · Whitehorn Crescent
#53 / 68
Bottom 22% · Avg 471.3k
Same area · Fraipont
#939 / 1,128
Bottom 17% · Avg 501.8k
Citywide · Winnipeg
#62,865 / 194,458
Top 32% · Avg 390.1k

Year Built

Elite
2024
0255075100
Same streetTop 9%Same areaTop 1%CitywideTop 1%

Lot Size

above average
3,484 sqft
0255075100
Same streetTop 25%Same areaBottom 26%CitywideBottom 19%

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

242 Whitehorn Crescent — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 453 m).

Search radius
🌳Parks2

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 9/2024CA$400k–450k
Sold price

Same street

Bottom 15%

Same area

Bottom 37%

City-wide

Top 25%

Related homes

Highlights & common questions: 242 Whitehorn Crescent, Winnipeg

Property Overview: 242 Whitehorn Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fraipont is a modern property, built just two years ago in 2024. Its key characteristic is its new construction, placing it among the newest homes in both the immediate area and citywide. With 1,566 sqft of living space, it offers above-average roominess compared to the typical Winnipeg home, and it sits on a manageable 3,484 sqft lot. The home features an attached garage and a basement (not renovated).

The primary appeal lies in acquiring a nearly new build, which typically means fewer immediate maintenance concerns and modern building standards. It suits first-time buyers or young families looking for a move-in-ready home without the premium often attached to brand-new constructions. A thoughtful perspective is its value positioning: while its assessed value is below average for its specific street and neighbourhood, it is around average citywide. This suggests it may represent a relative value within the desirable context of a newer Fraipont home, potentially offering a balance between modern amenities and affordability in the broader market.

Section 2: Frequently Asked Questions

1. Is this a good value for the neighbourhood?
The data suggests it could be. While its living space is on par with other homes on Whitehorn Crescent, its assessed value is notably lower than the street and neighbourhood averages. This discrepancy warrants investigation but may indicate a value opportunity.

2. What does "basement, not renovated" mean?
The home has a basement, but it is in an unfinished or builder-basic state. This is common in newer homes and presents a blank canvas for future expansion, though it requires investment to finish.

3. How does the lot size compare?
The lot is above average for Whitehorn Crescent but below average for both the wider Fraipont area and Winnipeg overall. This means smaller yard maintenance but less private outdoor space than many older city lots.

4. The home sold recently in 2024. Why is it back on the market?
Without specific disclosure, this is unknown. However, for a nearly new home, common reasons can include job relocation, change in family circumstances, or the original owner's quick upgrade. A title search and property history review would be prudent.

5. How accurate are the sold price ranges shown?
The listed ranges are estimates based on public data. For the exact sold price history, you must request it directly via the provided email service, which supplies verified figures.

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