43 Crimson Way

Fraipont, Winnipeg

88.1

Excellent

Overall 88.1

Larger than most nearby homes

1,968 sqft (top 15%)

Built in 2019 (1 yr older 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: 1 school, and 2 parks nearby

Living Area

Above average

18% 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)

Sold Count

764

Median price

515k

$/sqft

$359/sqft

Avg build year

2020

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Property score

88.1 is composed by the two sections below.

Property Score

86.8Excellent
Living Area1,968 sqft92Excellent
Year Built201997Excellent
Lot Size4,436 sqft53Fair
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
1,968 sqft
0255075100
Same streetTop 7%Same areaTop 15%CitywideTop 12%
Same street · Crimson Way
#2 / 27
Top 7% · Avg 1,511 sqft
Same area · Fraipont
#170 / 1,128
Top 15% · Avg 1,668 sqft
Citywide · Winnipeg
#22,652 / 194,458
Top 12% · Avg 1,342 sqft

Tax-Assessed Value

above average
561k
0255075100
Same streetTop 7%Same areaTop 15%CitywideTop 11%
Same street · Crimson Way
#2 / 27
Top 7% · Avg 464.9k
Same area · Fraipont
#173 / 1,128
Top 15% · Avg 501.8k
Citywide · Winnipeg
#22,159 / 194,458
Top 11% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 7%Same areaBottom 38%CitywideTop 4%

Lot Size

above average
4,436 sqft
0255075100
Same streetTop 19%Same areaTop 32%CitywideBottom 33%

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

43 Crimson Way — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 489 m), 2 parks (nearest 371 m).

Search radius
🏫Education1
🌳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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 43 Crimson Way.

🗑️

Garbage

tuesday

♻️

Recycling

tuesday

🍂

Yard Waste

tuesday b

Sales History

Sold 8/2021CA$500k–550k
Sold price

Same street

Top 18%

Same area

Top 29%

City-wide

Top 13%
Sold 1/2019CA$400k–450k
Sold price

Same street

Bottom 24%

Same area

Bottom 21%

City-wide

Top 33%

Related homes

Highlights & common questions: 43 Crimson Way, Winnipeg

Property Overview: 43 Crimson Way, Fraipont

Key Characteristics & Appeal

This two-storey home at 43 Crimson Way is a modern, above-average property in several key areas. Built in 2019, it is a relatively new construction that requires little in the way of immediate updates. Its primary appeal lies in its generous 1,968 sqft of living space, which ranks in the top 7% of homes on its street and the top 12% city-wide, offering more room than most comparable properties. The home features a renovated basement and an attached garage.

The property’s assessed value is notably strong for its immediate area, ranking in the top 7% on Crimson Way. This suggests a perception of quality and desirability that outpaces many neighbors. The lot size of 4,436 sqft is comfortably above average for the street, providing good outdoor space without the burden of extensive maintenance.

This home would best suit buyers looking for a move-in ready, modern property that already stands out in its neighborhood for size and perceived value. It’s ideal for a growing family or professional couple who prioritize space and newer construction, and who appreciate a home that compares favorably to its peers on paper—a solid choice for those seeking a balance of comfort and sound investment in a well-established area.


Frequently Asked Questions

1. How does the property’s value compare to recent sales?
The home last sold in August 2021. At that time, its sale price ranked in the top 13% city-wide for comparable properties, indicating it was a premium purchase. Its current assessed value continues to rank highly against nearby homes.

2. What does the “renovated basement” entail?
The listing confirms the basement is renovated but does not specify the finish or layout. This is a key detail to clarify with the listing agent to understand if it’s a finished living space, a recreational room, or has a separate entrance.

3. Is the property in a newer development?
The home was built in 2019, making it newer than most homes in Winnipeg (which average from 1966 city-wide). However, on its street and in Fraipont, it is close to the average build year, meaning it fits seamlessly into a neighborhood of relatively modern homes rather than being an outlier.

4. What are the potential reasons behind the strong assessed value?
The high ranking for assessed value likely reflects the combination of its above-average living area, new age, and renovated condition compared to peers. It suggests the municipality views it as one of the more substantial properties in the immediate vicinity.

5. How does the lot size impact the property?
At 4,436 sqft, the lot is larger than most on Crimson Way but is closer to the average size in the broader Fraipont area. This typically means a good balance of private outdoor space without the extensive upkeep required of much larger, rural-style lots.

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