Property score
87.7
Excellent
Overall 87.7 · Compared with neighbourhood average
1,621 sqft (top 45%) · Built in 2021 (1 yr 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
3% smaller than neighborhood avg.
Year Built
Near average
1 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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87.7 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
31 Lucerne Place — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 119 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 31% | Bottom 31% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 31 Lucerne Place, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fraipont is a modern property, built in 2021, offering a move-in-ready opportunity with minimal upkeep in its immediate future. Its key appeal lies in a combination of new construction and generous outdoor space. With 1,621 sqft of living area, it sits above the city-wide average, providing comfortable room for a growing family or those who appreciate space. The attached garage and full (though unrenovated) basement add practical utility and future potential.
The standout feature is the land. At over 6,000 sqft, the lot is notably larger than most in its immediate neighbourhood and on its street, ranking in the top 5% locally. This offers a rare blend of a new home with ample yard space for gardening, recreation, or future additions like a deck or patio. The assessed value of $500k positions it as a premium property within Fraipont but aligns with above-average city-wide benchmarks.
This home would best suit buyers seeking a modern build without sacrificing yard size, likely young families or professionals who want low-maintenance living now with room to grow or customize later. It’s a solid choice for those who value being in a newer community with similarly aged homes, while still having a property that stands out on its block due to its lot dimensions.
Section 2: Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,621 sqft, the home is slightly below the average for Lucerne Place itself but is larger than the typical Winnipeg home. It offers above-average space city-wide, but on its specific street, you’ll find some larger homes.
2. What does the "unrenovated basement" mean?
It indicates the basement is finished and usable as living space but has not been recently updated. It presents a blank canvas for future customization but is functional as-is.
3. Is the assessed value a reliable indicator of the selling price?
The $500k assessment is a strong benchmark for municipal taxation. Market value can vary based on condition, market trends, and buyer demand, but it places the property in an above-average tier city-wide.
4. What are the advantages of a 2021 build?
A home this new typically means modern building codes, energy efficiency, and major components (roof, HVAC, appliances) being under 5 years old, minimizing near-term repair costs and headaches.
5. The lot size is highlighted as elite for the street. What are the practical benefits?
Beyond more private outdoor space, a larger lot in a newer subdivision is uncommon. It provides better spacing from neighbours, more landscaping options, and can be a lasting value driver as the neighbourhood matures and smaller lots become the norm.
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