58 Lucerne Place

Fraipont, Winnipeg

Property score

84.8

Excellent

Overall 84.8 · Compared with neighbourhood average

1,674 sqft (top 38%) · Built in 2019 (1 yr older 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

Near average

0% larger 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)

Sold Count

764

Median price

515k

$/sqft

$359/sqft

Avg build year

2020

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Property score

84.8 is composed by the two sections below.

Property Score

81.4Excellent
Living Area1,674 sqft83Excellent
Year Built201997Excellent
Lot Size4,232 sqft53Fair
Neighbourhood Sales Activity86Excellent

Community Score

90.0Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress63Fair
Core Housing Need100Excellent
Employment Health100Excellent

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
1,674 sqft
0255075100
Same streetBottom 37%Same areaTop 38%CitywideTop 22%
Same street · Lucerne Place
#25 / 40
Bottom 37% · Avg 1,846 sqft
Same area · Fraipont
#426 / 1,128
Top 38% · Avg 1,668 sqft
Citywide · Winnipeg
#42,676 / 194,458
Top 22% · Avg 1,342 sqft

Tax-Assessed Value

above average
486k
0255075100
Same streetBottom 17%Same areaTop 48%CitywideTop 22%
Same street · Lucerne Place
#33 / 40
Bottom 17% · Avg 563.1k
Same area · Fraipont
#536 / 1,128
Top 48% · Avg 501.8k
Citywide · Winnipeg
#42,982 / 194,458
Top 22% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetBottom 27%Same areaBottom 38%CitywideTop 4%

Lot Size

around average
4,232 sqft
0255075100
Same streetBottom 40%Same areaTop 40%CitywideBottom 30%

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

58 Lucerne Place — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 150 m).

Search radius
🌳Parks3

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 12/2024CA$550k–600k
Sold price

Same street

Top 28%

Same area

Top 17%

City-wide

Top 9%
Sold 12/2023CA$600k–650k
Sold price

Same street

Top 17%

Same area

Top 11%

City-wide

Top 7%
Sold 8/2019CA$350k–400k
Sold price

Same street

Bottom 8%

Same area

Bottom 17%

City-wide

Top 35%

Related homes

Highlights & common questions: 58 Lucerne Place, Winnipeg

Property Overview: 58 Lucerne Place, Winnipeg

Key Characteristics & Appeal

This is a modern, two-storey home built in 2019, offering a practical and low-maintenance living space in Winnipeg’s Fraipont neighbourhood. With 1,674 sqft of living area, it provides above-average space citywide, though it is a moderately sized home within its own immediate area. It features an attached garage and a full, unrenovated basement, presenting a blank canvas for future development.

The primary appeal lies in its balance of being a relatively new build—which means modern construction standards and fewer immediate repair concerns—coupled with a below-average assessed value for its street. This suggests a potential value opportunity compared to neighbouring homes. The lot size is standard for the suburb, offering manageable outdoor space without excessive upkeep.

This property would suit first-time buyers or young families seeking a move-in-ready home in a newer community, who appreciate the efficiency of a modern layout. It’s also a sensible fit for value-conscious buyers looking at Fraipont, as the data indicates you may get more home for your money here compared to some direct neighbours, while still benefiting from the area’s overall amenities and newer infrastructure.


Frequently Asked Questions

1. Is this a good value compared to other homes nearby?
The data suggests it is. While the home’s living space is on par with the area, its assessed value is below the street average. This could indicate a favourable purchase price point within a desirable, newer neighbourhood.

2. What does the “unrenovated basement” mean for me?
The basement is finished but has not been updated since the home was built in 2019. It’s functional and clean, but represents the main opportunity to add personal value and tailor the space to your needs, whether as a rec room, home office, or additional bedrooms.

3. How does the home’s size truly compare?
Its size is a study in perspective. It feels spacious compared to the Winnipeg city-wide average, but is fairly typical for Fraipont. Buyers should consider if the layout and square footage meet their needs without expecting an unusually large home for this specific suburb.

4. What is the likely property tax based on the assessed value?
Property taxes are calculated using the assessed value of $48,600 and the City’s mill rate. You can estimate your annual tax by multiplying the assessed value by the current residential mill rate (available on the City of Winnipeg website).

5. The home sold recently in 2023 and 2024. What does that indicate?
The recent sales history suggests a stable and active market for this property. It’s not uncommon for newer homes to see turnover as owners’ circumstances change. Reviewing the sold price ranges can help gauge current market momentum, but for the exact figures, you’ll need to request the detailed history.

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