86.8
Excellent
Property score
86.8
Excellent
Overall 86.8
Compared with neighbourhood average
1,681 sqft (top 38%)
Built in 2019 (1 yr older than avg)
Located in a high-income area
with median household income of ~120k
Transit 52.0
5-min walk to transit with 1 nearby route
Within 500m: 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
1% larger than neighborhood avg.
Year Built
Below average
1 yrs older 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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86.8 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
41 Wapta Crescent — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 429 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 30% | Top 21% | Top 10% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 30% | Bottom 37% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 41 Wapta Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in the Fraipont neighbourhood is a modern, low-maintenance property built in 2019. Its key appeal lies in a balance of contemporary comforts and solid value within a newer community. With 1,681 sqft of living space and a renovated basement, it offers practical room for a growing family or those who appreciate flexible space. The attached garage and a land size of 5,829 sqft provide the benefits of a suburban lot without excessive upkeep.
The home’s value is underscored by its strong positioning relative to the market. It ranks above average city-wide for both assessed value and year built, meaning you’re getting a newer home in a condition that has retained its value well compared to Winnipeg’s overall housing stock. In Fraipont specifically, it sits in the top tier for land area, offering more outdoor space than most in the immediate area. It would suit first-time buyers looking for a move-in-ready home without the worries of an older property, or young families seeking a modern layout in a community with other recently built homes. A less obvious advantage is its potential for energy efficiency and lower immediate repair costs, given its age, which appeals to buyers prioritizing predictable monthly expenses over character renovations.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours on Wapta Crescent?
The assessed value is around the average for the street, but the home is newer than most (ranking in the top 8% on the crescent for year built). This suggests you’re paying for a more modern property rather than a premium for location alone on this specific street.
2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand if it’s a legal suite, a recreational space, or additional bedrooms.
3. Is this a good investment compared to the wider Winnipeg market?
City-wide data shows this home ranks in the top 14% for assessed value and the top 4% for year built against all Winnipeg properties. This indicates it’s a newer asset holding above-average value, which often translates to stable long-term equity in a market with many older homes.
4. What are the typical property taxes for this home?
While not listed, you can estimate annual taxes by applying the City of Winnipeg’s current mill rate to the assessed value of $542,000. Your real estate agent or the city’s website can provide a precise calculation.
5. Why did the home sell in 2023 and come back on the market so soon?
The sold price history shows a transaction in late 2023. The reasons for a quick resale are not provided and could range from a change in the owner’s circumstances to an investor flipping the property. This is an important point for your buyer’s agent to investigate for peace of mind.
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