303 Evelyne Reese Boulevard

Fraipont, Winnipeg

Property score

83.2

Excellent

Overall 83.2 · Newer than most nearby homes

1,587 sqft (top 50%) · Built in 2023 (3 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

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Above average

3 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

83.2 is composed by the two sections below.

Property Score

78.6Good
Living Area79
1,587 sqftGood
Year Built100
2023Excellent
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
1,587 sqft
0255075100
Same streetTop 30%Same areaTop 50%CitywideTop 26%
Same street · Evelyne Reese Boulevard
#31 / 102
Top 30% · Avg 1,556 sqft
Same area · Fraipont
#563 / 1,128
Top 50% · Avg 1,668 sqft
Citywide · Winnipeg
#50,603 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

above average
464k
0255075100
Same streetTop 35%Same areaBottom 36%CitywideTop 26%
Same street · Evelyne Reese Boulevard
#36 / 102
Top 35% · Avg 449.2k
Same area · Fraipont
#727 / 1,128
Bottom 36% · Avg 501.8k
Citywide · Winnipeg
#50,419 / 194,458
Top 26% · Avg 390.1k

Year Built

Elite
2023
0255075100
Same streetTop 35%Same areaTop 13%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

303 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 7/2023CA$500k–550k
Sold price

Same street

Top 28%

Same area

Top 36%

City-wide

Top 16%

Related homes

Highlights & common questions: 303 Evelyne Reese Boulevard, Winnipeg

Property Overview: 303 Evelyne Reese Boulevard

Key Features & Buyer Profile

This two-storey home in Fraipont is a modern, low-maintenance property built in 2023. Its primary appeal lies in its new construction, offering a move-in-ready canvas free from the immediate repair concerns common with older homes. With 1,587 sqft of living space, it provides above-average roominess for both its immediate street and the city overall. The attached garage and full basement (unrenovated) add practical utility and future potential.

The home suits first-time buyers or professionals seeking a modern, efficient property without the hassle of a major project. Its assessed value positions it solidly within the mid-range for the area, suggesting a balanced entry point into a newer neighbourhood. A thoughtful perspective is the lot size: while the home itself is spacious, the land area is more compact compared to many city lots. This translates to less yard upkeep—an advantage for those seeking a lock-and-leave lifestyle—but less space for expansive gardens or additions.

Frequently Asked Questions

1. How does this home’s value compare to its recent sale price?
The home sold in July 2023 for an estimated $48.5k-$51.5k, which is close to its current assessed value of $46.40k. This suggests a stable market valuation with minimal fluctuation since its last sale.

2. What does the "unrenovated basement" mean?
The basement is finished as part of the new build but is in a basic state. It offers flexible space for storage, a home gym, or media room, but buyers should budget for any desired upgrades like flooring, paint, or built-ins to tailor it to their needs.

3. Is this a good investment compared to older homes in Winnipeg?
Its "elite" city-wide ranking for year built is a key advantage, likely meaning better energy efficiency and lower near-term maintenance costs. However, its lot size is below the city average, which can affect long-term appreciation compared to properties with more land.

4. What is the neighbourhood character of Fraipont?
Fraipont appears to be a newer development, as evidenced by the above-average year-built ranking for the area. The proximity of many similarly aged homes on Evelyne Reese Boulevard suggests a uniform, contemporary streetscape.

5. How accurate are the size and value comparisons provided?
The rankings show the home is genuinely above average for living space locally and city-wide. Its assessed value is consistently mid-range across all comparison levels, indicating its pricing is very typical and not an outlier, which can provide confidence in its market fairness.