44 Ullswater Way

Fraipont, Winnipeg

Property score

90.4

Excellent

Overall 90.4 · Larger and newer than most nearby homes

2,109 sqft (top 8%) · 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

26% 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

90.4 is composed by the two sections below.

Property Score

90.7Excellent
Living Area2,109 sqft94Excellent
Year Built2024100Excellent
Lot Size5,076 sqft67Good
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
2,109 sqft
0255075100
Same streetTop 25%Same areaTop 8%CitywideTop 8%
Same street · Ullswater Way
#2 / 8
Top 25% · Avg 1,916 sqft
Same area · Fraipont
#85 / 1,128
Top 8% · Avg 1,668 sqft
Citywide · Winnipeg
#16,139 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

above average
564k
0255075100
Same streetTop 25%Same areaTop 15%CitywideTop 11%
Same street · Ullswater Way
#2 / 8
Top 25% · Avg 535.3k
Same area · Fraipont
#164 / 1,128
Top 15% · Avg 501.8k
Citywide · Winnipeg
#21,499 / 194,458
Top 11% · Avg 390.1k

Year Built

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

Lot Size

above average
5,076 sqft
0255075100
Same streetTop 13%Same areaTop 15%CitywideBottom 47%

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

44 Ullswater Way — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 406 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 8/2024CA$550k–600k
Sold price

Same street

Top 33%

Same area

Top 14%

City-wide

Top 8%

Related homes

Highlights & common questions: 44 Ullswater Way, Winnipeg

Property Overview: 44 Ullswater Way, Winnipeg

Key Characteristics & Appeal

This two-storey home in Fraipont is a modern property, built just two years ago in 2024. It offers 2,109 square feet of living space, which places it well above average for its immediate street, neighbourhood, and the wider city. The lot is a manageable 5,076 square feet with an attached garage, and the home features a basement that is present but not renovated.

The primary appeal lies in its new construction and above-average size within a newer community. You're acquiring a home with contemporary building standards and minimal wear, situated in a developing area where the property ranks highly compared to its peers. It suits buyers looking for a move-in ready, modern home who prioritize space and newer infrastructure over an established, mature streetscape. A thoughtful perspective is that while the basement offers future expansion potential, its current unrenovated state allows the next owner to customize it to their specific needs without first undoing someone else's work.

Frequently Asked Questions

1. What is the exact sold price history?
The public data shows a sold price range between $56.50k and $59.50k in August 2024. For the precise sale price, you can request the information via email from the listing source.

2. How does this home compare to others in the area?
The data indicates this home ranks in the top tiers for living area, assessed value, and year built both on its street and within the Fraipont neighbourhood, meaning it is larger, newer, and more valuable than most comparable local properties.

3. Is the basement finished?
No, the basement is noted as being present but not renovated, offering a blank canvas for future development.

4. What are the property taxes likely to be?
While exact taxes depend on the mill rate, the assessed value for the property is $56.40k, which serves as the base for the tax calculation.

5. How does the lot size compare?
At 5,076 sqft, the lot is above average for Fraipont but is around the median size when compared city-wide, where many older neighbourhoods feature larger lots. This suggests a balance between outdoor space and a low-maintenance yard.

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