Property score
87.4
Excellent
Overall 87.4 · 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 52.0 · 6-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)
764
515k
$359/sqft
2020
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
87.4 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
4 Ullswater Way — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 432 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 | Top 50% | Top 16% | Top 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 4 Ullswater Way, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in the Fraipont neighbourhood is a modern property, built just two years ago in 2024. With 1,881 sqft of living space, it offers above-average roominess for both the neighbourhood and the wider city. It features an attached garage and a basement that is present but not renovated, presenting a blank canvas for future expansion.
The primary appeal lies in its new construction, offering move-in readiness with modern building standards and minimal immediate maintenance. Its assessed value positions it well within its local area, suggesting a solid investment in a desirable, newer community. The lot size is typical for the street, providing standard outdoor space without extensive upkeep.
This home would suit first-time buyers or young families seeking a modern, low-maintenance property in a developing area. It’s also a practical choice for those who value newer infrastructure and are comfortable with a basement that offers potential rather than finished square footage. A thoughtful perspective is that while the home is new, its value metrics are very much in line with its immediate peers on Ullswater Way, indicating it’s a stable, community-anchored purchase rather than a standout bargain.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others in Winnipeg?
At 1,881 sqft, the living area is above the city-wide average, placing it within the top 14% of homes in Winnipeg for size.
2. Is the basement usable in its current state?
The listing confirms a basement exists but specifies it is "not renovated." It is unfinished space, offering storage and future development potential.
3. What does the assessed value tell us about the property?
The assessed value is above average for both the Fraipont area and the city, but is very typical for Ullswater Way itself. This suggests the home is valued consistently within its specific micro-market.
4. How new is this property compared to its surroundings?
Built in 2024, it is among the newest homes not just on its street, but in the entire Fraipont neighbourhood, ranking in the top 1% for year built there.
5. What was the home’s recent sale history?
Public records indicate it sold in June 2024. For the exact sale price, you can request the information via email from the listing source.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
