3 Lucerne Place

Fraipont, Winnipeg

Property score

84.8

Excellent

Overall 84.8 · Compared with neighbourhood average

1,674 sqft (top 38%) · 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

0% larger 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

84.8 is composed by the two sections below.

Property Score

81.4Excellent
Living Area1,674 sqft83Excellent
Year Built202097Excellent
Lot Size4,293 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
1,674 sqft
0255075100
Same streetBottom 37%Same areaTop 38%CitywideTop 22%
Same street · Lucerne Place
#25 / 40
Bottom 37% · Avg 1,846 sqft
Same area · Fraipont
#426 / 1,128
Top 38% · Avg 1,668 sqft
Citywide · Winnipeg
#42,676 / 194,458
Top 22% · Avg 1,342 sqft

Tax-Assessed Value

above average
467k
0255075100
Same streetBottom 7%Same areaBottom 38%CitywideTop 25%
Same street · Lucerne Place
#37 / 40
Bottom 7% · Avg 563.1k
Same area · Fraipont
#701 / 1,128
Bottom 38% · Avg 501.8k
Citywide · Winnipeg
#49,403 / 194,458
Top 25% · Avg 390.1k

Year Built

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

Lot Size

around average
4,293 sqft
0255075100
Same streetBottom 43%Same areaTop 38%CitywideBottom 30%

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

3 Lucerne Place — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 201 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 11/2020CA$400k–450k
Sold price

Same street

Bottom 39%

Same area

Bottom 36%

City-wide

Top 26%
Sold 2/2020CA$400k–450k
Sold price

Same street

Bottom 17%

Same area

Bottom 20%

City-wide

Top 33%

Related homes

Highlights & common questions: 3 Lucerne Place, Winnipeg

Property Overview: 3 Lucerne Place, Winnipeg

Key Characteristics & Buyer Appeal

This two-storey home, built in 2020, offers modern living in Winnipeg's Fraipont neighbourhood. With 1,674 sqft of living space and an attached garage, it presents a practical, low-maintenance layout. Its key appeal lies in its balance of being a relatively new build—sparing owners from immediate major renovations—within a community of similar-aged homes. The property sits on a standard city lot, providing manageable outdoor space.

The data reveals a nuanced position. Within its immediate area, the home's assessed value is notably below the street average, which could signal an opportunity for value-conscious buyers. Citywide, however, its modern build date places it in an elite tier compared to Winnipeg's older housing stock. This combination makes it particularly suited for first-time buyers or downsizers seeking a contemporary home without a premium price tag, and for those who prioritize move-in readiness and predictable upkeep over a larger or more established lot.

Frequently Asked Questions

1. Why is the assessed value on this street lower than the average?
While the home is similar in size and age to its neighbours, assessed values can vary due to specific lot characteristics, interior finishes, or precise location within the subdivision. A below-average assessment on the street can sometimes indicate a relative value opportunity.

2. What does the "unrenovated basement" mean?
The listing notes the basement exists but is not renovated. This means it is likely a blank canvas of finished or unfinished space, offering potential for future expansion (like a rec room or additional bedroom) without the cost of undoing someone else's renovations.

3. How does this home compare to the overall Winnipeg market?
Its 2020 build date is a significant advantage citywide, where the average home is decades older. This typically means newer building materials, modern insulation standards, and updated electrical and plumbing systems, which can lead to lower maintenance costs in the short to medium term.

4. What is the neighbourhood of Fraipont like?
Fraipont appears to be a newer development, as evidenced by the cluster of homes built around 2020. This often suggests a community with similar demographics and well-planned, consistent streetscapes, but may have less mature landscaping and established trees.

5. Where can I find exact historical sale prices?
The provided sold price ranges are estimates from public data. To obtain the precise sale prices for this property, you can request the information directly via the email link provided on the listing page.

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