80.5
Excellent
Property score
80.5
Excellent
Overall 80.5
Smaller than most nearby homes
1,323 sqft (bottom 4%)
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: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
21% 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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80.5 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
57 Crimson Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 407 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 57 Crimson Way.
Garbage
tuesday
Recycling
tuesday
Yard Waste
tuesday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 6% | Bottom 10% | Top 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 57 Crimson Way, Fraipont
Key Characteristics & Buyer Appeal
This 2019-built, one-storey home in Fraipont offers a modern, low-maintenance living package. Its key characteristics include a renovated basement, an attached garage, and a notably generous 4,440 sqft lot for its neighborhood—ranking in the top 4% on its street. With 1,323 sqft of living space, it is compact compared to some immediate neighbors but aligns closely with the Winnipeg average. The home’s assessed value is strong relative to its local area and city-wide, suggesting good value retention for its age.
The appeal lies in its balance of a contemporary build with established community roots. It suits first-time buyers or downsizers seeking a modern home without major renovation worries, and who prioritize outdoor space over a larger interior footprint. A thoughtful perspective is that while the living area is modest for the street, the above-average lot size presents a valuable opportunity for expansion, gardening, or outdoor living—a trade-off that savvy buyers might prefer. Its strong assessed value rankings indicate it's a financially sound proposition in its category, likely appealing to practical, value-oriented purchasers.
Frequently Asked Questions
1. Is the living space too small for the area?
While the living area is below the average for Crimson Way and Fraipont, it is very close to the city-wide average for comparable homes. This indicates the home is efficiently sized for a modern lifestyle, with the trade-off being a larger-than-typical lot.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand if it’s a finished living space, a recreational room, or has a separate entrance.
3. How does the assessed value compare to the likely selling price?
The assessed value ($50.70k) is a municipal valuation for tax purposes and is typically lower than market value. Its "above average" ranking against comparables is a positive indicator of the property’s standing, but the exact sold price history would need to be requested to gauge the market price.
4. What are the benefits of a 2019 build?
A home built in 2019 likely means newer major systems (roof, HVAC, windows), modern building codes, and contemporary energy efficiency, potentially leading to lower maintenance and utility costs in the near term.
5. The lot is large for the street—what are the implications?
A lot size ranking in the top 4% on Crimson Way is a significant asset. It offers more privacy, space for additions like a deck or shed, and future potential. It’s worth checking municipal zoning bylaws to understand what is permissible for expansions or structures.
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