Property score
91.1
Excellent
Overall 91.1 · Larger than most nearby homes
2,305 sqft (top 3%) · Built in 2021 (1 yr newer than avg)
Located in a high-income area with median household income of ~120k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby
Living Area
Above average
38% larger than neighborhood avg.
Year Built
Near average
1 yrs newer 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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91.1 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
55 Lucerne Place — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 99 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 | Top 6% | Top 2% | Top 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 55 Lucerne Place, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fraipont is a modern, above-average property built in 2021. Its primary appeal lies in its generous scale and premium positioning within a newer neighbourhood. With 2,305 sqft of living space, it ranks in the top 10% on its street and the top 5% city-wide for size, offering significantly more room than typical Winnipeg homes. It sits on a well-sized 5,188 sqft lot and features an attached garage and a renovated basement.
The home’s standout characteristic is its elite assessed value, placing it in the top 5% locally and top 2% across both the Fraipont area and the entire city. This indicates a property that is not only large and modern but also appraised at a level significantly above its peers, suggesting high-quality finishes, desirable amenities, or a prime lot location. It would ideally suit buyers looking for a spacious, turn-key home in a newer community who value both modern construction and strong investment metrics. It’s a fit for those wanting space without the maintenance concerns of an older property, and for whom premium valuation is a marker of a sound purchase.
Section 2: Frequently Asked Questions
1. What does the "elite" assessed value ranking actually mean?
It means the municipal property assessment for this home is among the highest percentages compared to similar homes. This often reflects a combination of the home's size, age, renovations, and desirability of its specific location, not just the market sale price.
2. Is the neighbourhood established, or still developing?
Given the 2021 build date and the reference to nearby homes built in 2019-2020, Fraipont appears to be a relatively new or recently developed community. Buyers can expect modern infrastructure but possibly less mature landscaping and community amenities compared to long-established areas.
3. What is included in the "renovated basement"?
The listing confirms the basement is renovated but does not specify the details. This would be a key question for the seller or listing agent to understand the finish quality, room layout, and whether it includes legal secondary suite potential.
4. How does the lot size compare to older Winnipeg neighbourhoods?
At 5,188 sqft, the lot is above average for its immediate area but ranks around the city-wide median. This is typical for newer subdivisions, where lots are often smaller than those found in older, established neighbourhoods where lots over 6,000 sqft are more common.
5. Why is the exact historical sold price not publicly listed?
The site notes that exact sale prices are sourced from proprietary data not always available in public records. They offer to provide the precise figure manually via email to ensure accuracy for serious inquiries, a common practice to avoid reliance on potentially incomplete third-party data.
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