371 Evelyne Reese Boulevard

Fraipont, Winnipeg

Property score

86.8

Excellent

Overall 86.8 · Larger and newer than most nearby homes

1,889 sqft (top 18%) · Built in 2024 (4 yrs newer than avg)

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

Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Above average

13% larger than neighborhood avg.

Taon ng Paggawa

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

86.8 is composed by the two sections below.

Property Score

84.6Excellent
Living Area1,889 sqft89Excellent
Taon ng Paggawa2024100Excellent
Lupa3,844 sqft46Low
Neighbourhood Sales Activity86Excellent

Community Score

90.0Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress63Fair
Core Housing Need100Excellent
Employment Health100Excellent

Istatistika ng benta ng komunidad

Fraipont

How to read: Share of sales in each ~$50k price band for “fraipont” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

lampas sa average
1,889 sqft
0255075100
Same streetTop 8%Same areaTop 18%CitywideTop 14%
Same street · Evelyne Reese Boulevard
#8 / 102
Top 8% · Avg 1,556 sqft
Same area · Fraipont
#208 / 1,128
Top 18% · Avg 1,668 sqft
Citywide · Winnipeg
#26,926 / 194,458
Top 14% · Avg 1,342 sqft

Assessed Value

lampas sa average
524k
0255075100
Same streetTop 11%Same areaTop 25%CitywideTop 16%
Same street · Evelyne Reese Boulevard
#11 / 102
Top 11% · Avg 449.2k
Same area · Fraipont
#284 / 1,128
Top 25% · Avg 501.8k
Citywide · Winnipeg
#31,403 / 194,458
Top 16% · Avg 390.1k

Taon ng Paggawa

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

Lupa

lampas sa average
3,844 sqft
0255075100
Same streetTop 26%Same areaBottom 46%CitywideBottom 23%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

371 Evelyne Reese Boulevard — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 257 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%

Kasaysayan ng Benta

Naibenta 10/2024CA$550k–600k
Presyo ng benta

Parehong kalye

Top 8%

Parehong lugar

Top 17%

Buong lungsod

Top 9%

Related homes

Mga tampok at karaniwang tanong: 371 Evelyne Reese Boulevard, Winnipeg

Property Overview: 371 Evelyne Reese Boulevard

This two-storey home in Winnipeg’s Fraipont neighbourhood presents a compelling opportunity for buyers seeking a modern, low-maintenance property. Built in 2024, it is essentially a new home, offering the benefits of contemporary building standards and minimal immediate repair concerns.

Key Characteristics & Appeal

The primary appeal of this property lies in its newness and above-average space. With 1,889 sqft of living area, it ranks in the top 8% for size on its street and the top 14% city-wide, offering more room than most comparable homes. It features an attached garage and a full, unrenovated basement, providing a blank canvas for future expansion or storage. The assessed value is consistently above average for its immediate area, suggesting solid perceived worth.

Its standout characteristic is its age. Being only two years old, it ranks in the elite top 1% for year built compared to homes across Winnipeg, where the average house was built in 1966. This translates to modern efficiency, likely newer appliances, and updated systems. The lot size of 3,844 sqft is generous for the street but is more modest compared to the city-wide average, indicating a manageable yard suited for those preferring less outdoor upkeep.

This home would suit first-time buyers or young families looking for a move-in-ready property without the surprises of an older home. It’s also ideal for professionals who value modern amenities and a efficient layout over a large, demanding lot. A thoughtful perspective is that this property offers the "sweet spot" of being past the initial settling phase of a brand-new build while still retaining all the warranties and contemporary finishes.

Frequently Asked Questions

1. What does "basement, not renovated" mean?
It indicates the home has a full, undeveloped basement. This is a blank space with finished walls, flooring, and electrical, ready to be customized into living space, a recreational room, or additional storage without major structural work.

2. How does the lot size impact the property?
At 3,844 sqft, the lot is larger than most on Evelyne Reese Boulevard, providing good private outdoor space. However, it’s smaller than the Winnipeg average. This is a practical balance—offering a yard for relaxation or gardening without the extensive maintenance of a much larger plot.

3. Why is the assessed value different from the recent sold price?
The assessed value ($52.40k) is for municipal tax purposes and is typically lower than market value. The home sold for between $55.50k and $58.50k in late 2024, which reflects the actual market price at that time.

4. What does its ranking in the "top 1%" for year built practically mean for a buyer?
It means you are purchasing one of the newest homes available city-wide. Benefits include newer construction materials, modern insulation and windows for energy efficiency, contemporary floor plans, and likely remaining coverage on builder warranties for major components.

5. Are the nearby listed properties direct comparisons?
The listed nearby properties (e.g., on Eau-Claire Drive) are useful references as they are in the same neighbourhood and of similar age (2021 builds). They provide a benchmark for community style, potential property values, and the general character of this newer section of Fraipont.

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