Property score
77.0
Good
Overall 77.0 · Smaller but newer than most nearby homes
1,327 sqft (bottom 5%) · Built in 2024 (4 yrs newer than avg)
Located in a high-income area with median household income of ~120k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby
Living Area
Below average
20% 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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77.0 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
274 Evelyne Reese Boulevard — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 232 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 7% | Bottom 9% | Top 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 274 Evelyne Reese Boulevard, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 2024, is a modern residence in the Fraipont neighbourhood. Its primary appeal lies in its new construction, offering move-in readiness and the benefits of a contemporary build, such as modern materials and likely current building codes. With 1,327 sqft of living space, it is notably compact compared to most homes on its street and in Fraipont, but is close to the average size citywide.
The property presents a distinct value profile. Its assessed value is significantly below average for its immediate area, which could indicate a lower property tax burden or an entry-point price in a desirable locale. However, this is paired with a land area that is considerably smaller than typical lots, both locally and across Winnipeg. This creates a specific trade-off: you are acquiring a very new home, but with minimal yard space.
This home would suit first-time buyers or downsizers seeking a modern, low-maintenance property without a large garden to upkeep. It may also appeal to investors or buyers highly sensitive to property taxes, given the assessed value. A less obvious perspective is that its compact size and efficient layout could resonate with those prioritizing sustainability and reduced utility costs over expansive square footage.
Frequently Asked Questions
1. Is this a brand-new home?
Yes, the home was built in 2024, making it essentially new. This means it should be under builder warranty and feature modern construction standards.
2. Why is the assessed value so much lower than neighbouring homes?
The assessed value is based on municipal evaluation, which considers factors like lot size, building size, and age. This home’s notably smaller lot and compact living area relative to others on the street are key reasons for the lower assessment.
3. How does the lot size compare to a typical Winnipeg property?
The land area of 1,978 sqft is significantly smaller than average. For context, it ranks in the bottom 1% citywide for lot size, meaning most homes in Winnipeg sit on much larger plots of land.
4. What does the "below average" ranking for living area mean?
It means that, within the Fraipont neighbourhood and on Evelyne Reese Boulevard itself, this home has less interior space than most comparable properties. It is, however, very close to the average home size for the entire city of Winnipeg.
5. What was the home's recent sale history?
Public records indicate it sold in May 2024 for a price range between $355,000 and $385,000. For the precise sale price, you can request the exact figure via email from the listing source.
