36 Ullswater Way

Fraipont, Winnipeg

Property score

88.0

Excellent

Overall 88.0 · Larger and newer than most nearby homes

1,881 sqft (top 19%) · Built in 2024 (4 yrs newer than avg)

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

Transit 62.0 · 5-min walk to transit with 1 nearby route · Within 500m: 1 park nearby

Living Area

Above average

13% 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

88.0 is composed by the two sections below.

Property Score

86.7Excellent
Living Area1,881 sqft89Excellent
Year Built2024100Excellent
Lot Size4,636 sqft60Fair
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
1,881 sqft
0255075100
Same streetTop 38%Same areaTop 19%CitywideTop 14%
Same street · Ullswater Way
#3 / 8
Top 38% · Avg 1,916 sqft
Same area · Fraipont
#214 / 1,128
Top 19% · Avg 1,668 sqft
Citywide · Winnipeg
#27,450 / 194,458
Top 14% · Avg 1,342 sqft

Tax-Assessed Value

above average
528k
0255075100
Same streetTop 50%Same areaTop 24%CitywideTop 16%
Same street · Ullswater Way
#4 / 8
Top 50% · Avg 535.3k
Same area · Fraipont
#275 / 1,128
Top 24% · Avg 501.8k
Citywide · Winnipeg
#30,313 / 194,458
Top 16% · Avg 390.1k

Year Built

Elite
2024
0255075100
Same streetTop 13%Same areaTop 1%CitywideTop 1%

Lot Size

above average
4,636 sqft
0255075100
Same streetTop 25%Same areaTop 23%CitywideBottom 37%

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

36 Ullswater Way — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 408 m).

Search radius
🌳Parks1

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 5/2024CA$550k–600k
Sold price

Same street

Bottom 33%

Same area

Top 18%

City-wide

Top 10%

Related homes

Highlights & common questions: 36 Ullswater Way, Winnipeg

Property Overview: 36 Ullswater Way, Winnipeg

Key Characteristics & Appeal

This two-storey home in Fraipont is a modern property, built just two years ago in 2024. With 1,881 sqft of living space and an attached garage, it offers a practical layout for contemporary living. The home sits on a 4,636 sqft lot, providing a balanced outdoor space without excessive maintenance.

The primary appeal lies in its newness and favourable positioning within its immediate context. It is one of the newest homes not just on its street, but in the entire Fraipont area and citywide, ranking in the top 1% for its year of construction locally. This translates to modern building standards, likely minimal immediate repair needs, and contemporary floor plans. While its size and assessed value are around average for Ullswater Way, they are notably above average for the broader neighbourhood and city, suggesting you get more home for your money in this specific location.

This property would suit buyers seeking a move-in ready, modern home who value being part of a newer development within an established community. It’s ideal for those who want to avoid the surprises and renovation projects common with older homes, but who may not require a premium, oversized lot. It represents a solid, middle-ground option—newer construction with space that outperforms many city averages, positioned in a street of similar, recent builds.


Frequently Asked Questions

1. How does this home’s value compare to others in the area?
Based on its assessed value, this home is above average for the Fraipont neighbourhood and ranks well citywide. On its own street of newer homes, however, its value is around the median, indicating it is competitively priced within its immediate peer group.

2. What does the “Elite” ranking for year built mean?
This means the home is among the newest 1% of comparable properties in the Fraipont area. On a street where the average home was built in 2024, this house is at the forefront, likely ensuring modern amenities, efficiency, and building codes.

3. Is the lot size typical?
The lot is above average for both the street and Fraipont. Citywide, it is around the median. This suggests a comfortable yard space that is very much in line with, or better than, local expectations for newer subdivisions, but not an exceptionally large parcel.

4. What is the condition of the basement?
The listing notes a basement exists but specifies it is “not renovated.” Buyers should anticipate a functional but unfinished space, offering potential for future customization or storage.

5. Where can I find the exact historical sold price?
The provided sold price is a public data range. The listing service offers to provide the exact sold price by manual email request, promising a reply by the end of the same day without using your email for unsolicited marketing.

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