295 Evelyne Reese Boulevard

Fraipont, Winnipeg

Property score

84.6

Excellent

Overall 84.6 · Newer than most nearby homes

1,610 sqft (top 47%) · 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

Near average

4% 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

84.6 is composed by the two sections below.

Property Score

81.0Excellent
Living Area83
1,610 sqftExcellent
Year Built100
2024Excellent
Lot Size46
3,575 sqftLow
Neighbourhood Sales Activity86
Excellent

Community Score

90.0Excellent
Household Income91
Excellent
Education Level91
Excellent
Housing Stress63
Fair
Core Housing Need100
Excellent
Employment Health100
Excellent

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
1,610 sqft
0255075100
Same streetTop 28%Same areaTop 47%CitywideTop 25%
Same street · Evelyne Reese Boulevard
#29 / 102
Top 28% · Avg 1,556 sqft
Same area · Fraipont
#529 / 1,128
Top 47% · Avg 1,668 sqft
Citywide · Winnipeg
#48,384 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
476k
0255075100
Same streetTop 29%Same areaBottom 45%CitywideTop 24%
Same street · Evelyne Reese Boulevard
#30 / 102
Top 29% · Avg 449.2k
Same area · Fraipont
#624 / 1,128
Bottom 45% · Avg 501.8k
Citywide · Winnipeg
#46,289 / 194,458
Top 24% · Avg 390.1k

Year Built

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

Lot Size

around average
3,575 sqft
0255075100
Same streetTop 35%Same areaBottom 28%CitywideBottom 20%

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

295 Evelyne Reese Boulevard — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 147 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 8/2024CA$500k–550k
Sold price

Same street

Top 26%

Same area

Top 35%

City-wide

Top 16%

Related homes

Highlights & common questions: 295 Evelyne Reese Boulevard, Winnipeg

Property Overview: 295 Evelyne Reese Boulevard

Key Characteristics & Appeal

This two-storey home in Fraipont is a notably modern property, built in 2024. Its primary appeal lies in its new construction status, offering buyers a move-in-ready home with the benefits of contemporary building standards and minimal immediate maintenance. With 1,610 sqft of living space, it sits above average for both its immediate street and the city of Winnipeg, providing comfortable room for a small family or professionals.

The home features an attached garage and a basement (not renovated), offering flexible storage or future expansion space. Its assessed value is strong relative to the area, suggesting a solid investment in a desirable, newer neighbourhood.

A thoughtful perspective for buyers is the property’s positioning within its micro-market. While the lot size is more compact compared to broader city averages, this often translates to lower exterior maintenance—a practical advantage for busy households. The home suits first-time buyers seeking a modern, low-hassle property, or downsizers looking for a newer build without the upkeep of an older, larger lot. It may also attract investors interested in a newer asset in a developing community.


Frequently Asked Questions

1. How does the lot size compare to the neighbourhood?
The land area of 3,575 sqft is around average for Evelyne Reese Boulevard but below the average for the wider Fraipont area. This typically means a more manageable yard while still providing private outdoor space.

2. What does the "above average" assessed value ranking mean?
The assessed value ranks in the top 29% on its street and top 24% citywide. This indicates the official valuation is robust compared to many peers, which can be a positive sign for the property’s standing, though market conditions ultimately determine sale price.

3. Is the basement finished?
No, the basement is noted as "not renovated." It presents a blank canvas for future finishing to add living space, subject to permits and budget.

4. What are the likely advantages of a 2024 build?
Benefits include modern energy efficiency, current building codes, new appliances, and warranties that may still be transferable. It also suggests fewer imminent repairs compared to an older home.

5. How does the living space truly compare to nearby homes?
At 1,610 sqft, this home offers more living area than 72% of comparable properties on its street and 75% of homes across Winnipeg, making it a spacious option within its local context.