80.1
Excellent
Property score
80.1
Excellent
Overall 80.1
Smaller but newer than most nearby homes
1,400 sqft (bottom 15%)
Built in 2024 (4 yrs newer than avg)
Located in a high-income area
with median household income of ~120k
Transit 62.0
2-min walk to transit with 1 nearby route
Within 500m: 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
16% 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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80.1 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
296 Evelyne Reese Boulevard — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 222 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%
Local garbage, recycling, and yard waste pickup schedule for 296 Evelyne Reese Boulevard.
Garbage
tuesday
Recycling
tuesday
Yard Waste
tuesday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 20% | Bottom 17% | Top 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 296 Evelyne Reese Boulevard, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fraipont is a notably modern property, having been built just two years ago in 2024. Its key appeal lies in this new construction status, which typically means modern building standards, minimal immediate maintenance, and contemporary layouts. With 1,400 sqft of living space, it is moderately sized, offering a practical footprint for everyday living.
The home’s standout characteristic is its relative value. While its assessed value is below average for its immediate street and neighborhood, it sits around the city-wide average. This presents a perspective of acquiring a newer home in a context where many comparably priced properties city-wide are significantly older (average year built of 1966). The lot is compact, especially compared to city norms, which translates to less yard upkeep—a potential benefit for those seeking a low-maintenance lifestyle.
This property would best suit first-time buyers or downsizers who prioritize a modern, move-in-ready home without a premium price tag. It’s also a practical choice for value-conscious buyers who want newer construction but are comfortable with a standard-sized home on a smaller lot, trading space for modernity and efficiency.
Section 2: Frequently Asked Questions
1. Is this a good value for a new home?
Based on the data, yes. Its assessed value is below the average for both its street and the Fraipont area, yet the home is newer than over 99% of properties city-wide. This suggests you may be paying less for a modern home compared to older ones in the same price bracket.
2. What does the smaller lot size mean for me?
The land area is below average for the neighborhood and city. This means lower maintenance and potentially lower property taxes, but also less private outdoor space. It’s a trade-off that favors simplicity over expansive yards.
3. Why is the assessed value relatively low for a new build?
Assessed value is for taxation purposes and considers multiple factors, including specific location, lot size, and recent sales. Its below-average assessment for the street and area may reflect the compact lot and the specific market dynamics of newer homes in this part of Fraipont.
4. What is the neighborhood like?
Fraipont appears to be a developing area with many newer homes, as indicated by the high ranking for year built. The presence of many recently sold properties with similar assessed values suggests a consistent and active market.
5. Are there any major drawbacks?
The home has an unfinished basement and no garage, which limits storage and expansion options. Buyers should budget to finish the basement or create alternative storage solutions. The living space is also slightly below the local average, so it may feel cozy for those needing ample room.
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