323 Evelyne Reese Boulevard

Fraipont, Winnipeg

Property score

85.7

Excellent

Overall 85.7 · Larger and newer than most nearby homes

1,753 sqft (top 30%) · Built in 2024 (4 yrs newer than avg)

Located in a high-income area with median household income of ~120k

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Above average

5% larger 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

85.7 is composed by the two sections below.

Property Score

82.8Excellent
Living Area1,753 sqft86Excellent
Year Built2024100Excellent
Lot Size3,978 sqft46Low
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
1,753 sqft
0255075100
Same streetTop 15%Same areaTop 30%CitywideTop 19%
Same street · Evelyne Reese Boulevard
#15 / 102
Top 15% · Avg 1,556 sqft
Same area · Fraipont
#339 / 1,128
Top 30% · Avg 1,668 sqft
Citywide · Winnipeg
#36,773 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
510k
0255075100
Same streetTop 15%Same areaTop 33%CitywideTop 18%
Same street · Evelyne Reese Boulevard
#15 / 102
Top 15% · Avg 449.2k
Same area · Fraipont
#373 / 1,128
Top 33% · Avg 501.8k
Citywide · Winnipeg
#35,367 / 194,458
Top 18% · Avg 390.1k

Year Built

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

Lot Size

above average
3,978 sqft
0255075100
Same streetTop 24%Same areaTop 47%CitywideBottom 25%

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

323 Evelyne Reese Boulevard — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 165 m).

Search radius
🌳Parks2

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 4/2024CA$550k–600k
Sold price

Same street

Top 13%

Same area

Top 21%

City-wide

Top 11%

Related homes

Highlights & common questions: 323 Evelyne Reese Boulevard, Winnipeg

Property Overview

This two-storey home at 323 Evelyne Reese Boulevard in Winnipeg’s Fraipont neighbourhood is a modern, above-average offering with strong foundational metrics. Built in 2024, it is essentially a new home, ranking in the top 1% for its age both locally and citywide. With 1,753 sqft of living space, it provides more room than most comparable homes on its street and in the city. The property includes an attached garage and a full, unrenovated basement, presenting a blank canvas for future development. Its assessed value of $510k positions it as a premium option on its street and above the citywide average.

Key Characteristics & Appeal

The primary appeal of this property lies in its combination of new construction and spaciousness. Buyers are spared the immediate concerns and costs associated with older homes, from major systems to modern building codes. The living area is a significant advantage, offering more square footage than 85% of similar homes on the same boulevard. While the lot size is modest citywide, it is generous for its immediate area, suggesting a well-proportioned home in a newer, potentially more densely planned community.

This home would suit buyers who prioritize move-in readiness and modern efficiency over establishing mature gardens or having a vast yard. It’s ideal for a professional or growing family seeking a low-maintenance, contemporary layout without the wait and uncertainty of a build. The unrenovated basement is a key value-add, offering the opportunity to customize additional living space according to the next owner’s needs and budget.

Frequently Asked Questions

1. Is this a good value for the area?
The data suggests it is a premium home for Evelyne Reese Boulevard, ranking in the top 15% for both size and assessed value on the street. You are paying for the advantages of a nearly new construction and more interior space than most neighbours have.

2. What does the "unrenovated basement" mean?
It indicates the basement is unfinished. It has been built to code as part of the new home but is likely just a concrete shell with rough-ins for utilities. This is a common feature in new homes, allowing the owner to finish it as a rec room, suite, or additional bedrooms later.

3. How does the lot size compare?
The lot is just under 4,000 sqft. This is larger than average for its specific street but smaller than the typical Winnipeg lot. This reflects the trend in newer subdivisions, where home size is often prioritized over yard size.

4. Why is there a range for the last sold price?
The provided sold price is an estimate based on public data. To receive the exact sale price from the land title, you must request it via the email service mentioned, as this information is not freely disclosed in Manitoba.

5. What are the potential downsides of a home this new?
While offering modern amenities and efficiency, a home in a newer subdivision may have less established landscaping, younger trees, and a community character that is still developing. There may also be fewer comparable sales to gauge its precise market value against.

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