80.6
Excellent
Property score
80.6
Excellent
Overall 80.6
Smaller than most nearby homes
1,468 sqft (bottom 22%)
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 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
12% smaller 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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80.6 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 Geneva Lane — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 370 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%
Local garbage, recycling, and yard waste pickup schedule for 52 Geneva Lane.
Garbage
tuesday
Recycling
tuesday
Yard Waste
tuesday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 30% | Bottom 6% | Top 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 52 Geneva Lane, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2019, offers modern living in the Fraipont neighbourhood. Its key appeal lies in its contemporary age, placing it among the newest homes both on its street and city-wide, which suggests fewer immediate maintenance concerns and modern building standards. With 1,468 sqft of living space, it provides room for a growing family or those seeking a comfortable upgrade, sitting at a practical size that is very close to the average for similar homes in the area.
The property suits buyers looking for a relatively new, low-maintenance home in a neighbourhood of similar vintage. Its assessed value is notably below average for Fraipont, which could indicate a more accessible entry point into this newer community or reflect the home's unrenovated basement. The lot size is compact compared to city-wide averages, which translates to less yard upkeep—a plus for busy professionals or those not wanting extensive gardening chores. The detached garage adds valuable storage or workshop space. A thoughtful perspective is that this home represents a balance: you gain the benefits of a newer build without necessarily paying a premium for a larger, more expensive lot, making it efficient and focused on the living space itself.
Section 2: Frequently Asked Questions
1. What does "below average" assessed value in the neighbourhood indicate?
While the home's assessed value is below the Fraipont average, this is likely influenced by the home's unrenovated basement. It presents a potential value opportunity for a buyer willing to finish the space themselves, allowing for customization and added equity.
2. How does the lot size impact daily living?
At 3,275 sqft, the lot is smaller than many in Winnipeg. This means less private outdoor space but also significantly reduced time and cost for yard maintenance, which can be a desirable trade-off.
3. The home sold in 2019. Is there a history of frequent turnover?
No. The data shows only the original sale from when the home was built in 2019. There is no indication of frequent resale, suggesting the original owners have lived there since construction.
4. What is the context of the "Elite" ranking for the Year Built?
This statistic highlights that 52 Geneva Lane is one of the newest properties on its street and in the wider city. In a market with many older homes, its 2019 build date is a standout feature for modern systems and design.
5. Who are the likely neighbours?
Given the uniform build dates on Geneva Lane (nearby properties share similar addresses), the neighbourhood likely consists of other homeowners who purchased around the same time, fostering a community of similar age and potentially similar life stages.
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