46 Wapta Crescent

Fraipont, Winnipeg

Property score

87.0

Excellent

Overall 87.0 · Larger than most nearby homes

1,883 sqft (top 19%) · Built in 2020

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: 2 parks nearby

Living Area

Above average

13% larger than neighborhood avg.

Year Built

Near average

0 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

87.0 is composed by the two sections below.

Property Score

85.0Excellent
Living Area89
1,883 sqftExcellent
Year Built97
2020Excellent
Lot Size53
4,149 sqftFair
Neighbourhood Sales Activity86
Excellent

Community Score

90.0Excellent
Household Income91
Excellent
Education Level91
Excellent
Housing Stress63
Fair
Core Housing Need100
Excellent
Employment Health100
Excellent

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
1,883 sqft
0255075100
Same streetTop 22%Same areaTop 19%CitywideTop 14%
Same street · Wapta Crescent
#8 / 37
Top 22% · Avg 1,664 sqft
Same area · Fraipont
#212 / 1,128
Top 19% · Avg 1,668 sqft
Citywide · Winnipeg
#27,319 / 194,458
Top 14% · Avg 1,342 sqft

Tax-Assessed Value

above average
513k
0255075100
Same streetTop 49%Same areaTop 31%CitywideTop 18%
Same street · Wapta Crescent
#18 / 37
Top 49% · Avg 520.2k
Same area · Fraipont
#349 / 1,128
Top 31% · Avg 501.8k
Citywide · Winnipeg
#34,490 / 194,458
Top 18% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 3%Same areaTop 46%CitywideTop 3%

Lot Size

around average
4,149 sqft
0255075100
Same streetBottom 1%Same areaTop 43%CitywideBottom 28%

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

46 Wapta Crescent — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 453 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%

Sales History

Sold 6/2020CA$450k–500k
Sold price

Same street

Bottom 40%

Same area

Bottom 48%

City-wide

Top 21%

Related homes

Highlights & common questions: 46 Wapta Crescent, Winnipeg

Property Overview

This two-storey home on Wapta Crescent in Fraipont is a modern property built in 2020, offering a move-in-ready opportunity with minimal upkeep in its early years. Its key appeal lies in its above-average living space within a newer neighbourhood, presenting a balanced option for buyers seeking modern comforts without a premium price tag.

Key Characteristics & Ideal Buyer

The home's primary strength is its efficient use of space. With 1,883 sqft of living area, it ranks above average for size both locally and city-wide, suggesting a well-utilized floor plan. It is a notably modern home in its immediate area, ranking in the top 3% for year built on its street. The attached garage and existing basement (not renovated) add practical utility.

Its value proposition is grounded in balance. The assessed value is around average for the street but above average city-wide, indicating you are paying for a newer, well-sized home rather than an oversized lot—the land area is smaller than most in Winnipeg. This creates a practical appeal for those who prioritize interior space and modern construction over extensive yard maintenance.

This property would suit first-time buyers or young families looking for a modern, low-maintenance home in a developing neighbourhood. It’s also a sensible fit for value-conscious buyers who want more square footage and newer systems without venturing into luxury pricing, and who prefer spending time indoors rather than on yard work.

Frequently Asked Questions

1. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This provides a blank canvas for future expansion or storage.

2. How does the property’s value compare to the area?
The home’s assessed value is around the middle of the pack for Wapta Crescent but ranks above average compared to the entire city. This suggests you are getting a newer, above-average sized home at a value that aligns with its immediate neighbourhood.

3. What does the "Elite" ranking for year built mean?
This statistical ranking means the home is among the newest 3% of comparable properties on its street and city-wide. In practical terms, it confirms the property is modern, likely with contemporary building materials, systems, and energy efficiency.

4. The land size seems smaller. Is that a concern?
The lot is smaller than the average Winnipeg property. This translates to less outdoor maintenance, which many buyers see as a benefit. It’s a trade-off: you gain a newer, spacious interior on a more manageable plot.

5. Can I get the exact historical sale price?
The listed sale price from 2020 is a public range. The exact, precise sale figure is available by request from the listing service via email, which they provide manually without using your address for unsolicited marketing.