Property score
86.6
Excellent
Overall 86.6 · Larger but older than most nearby homes
1,777 sqft (top 28%) · Built in 2017 (3 yrs 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
7% larger than neighborhood avg.
Year Built
Below average
3 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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86.6 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
52 Bow Water Drive — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 477 m), 2 parks (nearest 416 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 | Bottom 22% | Top 49% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 52 Bow Water Drive, Winnipeg
Key Characteristics & Appeal
This two-storey home in Fraipont offers a practical, modern footprint built in 2017. With 1,777 sqft of living space and an attached garage, it provides a comfortable, low-maintenance layout for everyday living. The home’s appeal lies in its relative newness within a city-wide context—it’s notably newer than most Winnipeg homes—and its efficient use of space, which ranks above average for both the neighborhood and the city. The lot size is generous for the area, offering good outdoor space without being overwhelming.
Its positioning is one of contrasts: on its own street of newer homes, it’s more modest in size and value, but within the broader Fraipont area and especially city-wide, it stands out as a modern, above-average property. This makes it an intriguing option for buyers who prioritize a contemporary build in an established neighborhood without the premium often attached to the largest homes on the block. It would suit first-time buyers or small families looking for a move-in-ready home with modern systems, or practical downsizers seeking single-level living (main floor) with basement storage/expansion potential. The unrenovated basement presents a straightforward canvas for future customization.
Frequently Asked Questions
1. How does the value here compare to the rest of the street?
The home’s assessed value is notably lower than the street average, placing it in the bottom tier on Bow Water Drive. This suggests it may be one of the more accessible entry points onto a street of generally larger, higher-value homes.
2. Is the basement finished?
No, the basement is noted as being present but unrenovated. This provides functional storage or mechanical space as-is, with the potential for future development to add living area.
3. What does the "above average city-wide" ranking really mean for a buyer?
While the home is modest on its own street, its living area, assessed value, and year built all rank within the top 20-30% of all Winnipeg homes. This indicates you’re getting a property that, compared to the overall market, is newer and more valuable than most, which can be a positive for long-term resale.
4. Why is there such a big difference between the last sold price and the current assessed value?
The home last sold in late 2017 for a price typical of a new build at the time. The current assessed value reflects significant market appreciation over the past several years, aligning it more closely with today’s values for similar properties in the area.
5. What’s the community and lot like?
The property sits on a 4,586 sqft lot, which is above average for Fraipont. The neighborhood data suggests a mix of newer infill homes (like this one) among older properties, offering a blend of modern amenities within a mature community setting.
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