Property score
91.1
Excellent
Overall 91.1 · Larger than most nearby homes
2,480 sqft (top 2%) · Built in 2021 (1 yr newer than avg)
Located in a high-income area with median household income of ~120k
Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby
Living Area
Above average
49% 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
71 Lucerne Place — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 106 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 3% | Top 1% | Top 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 71 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 contemporary foundation within an established neighbourhood. With 2,480 sqft of living space, it ranks in the top 3% of homes city-wide for size, offering substantial room for a growing or multi-generational family. The attached garage and full (though unrenovated) basement provide practical storage and future expansion potential.
The home’s value is underscored by its assessed value, which places it in the elite top 4% for Fraipont and city-wide, suggesting a premium build quality, finishes, or desirable lot placement. The property sits on a 5,052 sqft lot, which is above average for both the street and the neighbourhood, offering good outdoor space for a newer home.
This property would best suit buyers looking for a move-in ready, modern home without the wait or uncertainties of new construction, but who appreciate the efficiency and design of a recent build. It’s ideal for those who prioritize interior space and a premium assessment, and who may see the unfinished basement as a blank canvas for future customization rather than a drawback.
Section 2: Frequently Asked Questions
1. What does the "Elite" or "Top %" ranking actually mean?
These rankings compare this home against all others in Winnipeg based on specific metrics. For example, being in the "Top 3%" for living area means it is larger than 97% of homes city-wide, confirming its standout size.
2. The assessed value seems high for the area. Why?
While the assessed value is in the top 4% for the neighbourhood, it reflects the combination of the home's newness, large square footage, and likely higher-quality materials. It indicates the municipality views it as a premium property compared to older or smaller homes nearby.
3. Is an unrenovated basement a major concern?
Not necessarily. For a 2021 build, the basement is likely well-insulated and properly framed, with modern plumbing and electrical rough-ins already in place. It represents a significant opportunity to add customized living space without the major structural work older basements often require.
4. How does the lot size compare to older neighbourhoods?
At just over 5,000 sqft, the lot is above average for newer Fraipont homes but smaller than the city-wide average lot, which includes many older, sprawling properties. This is typical for modern subdivisions and offers a manageable yard with lower maintenance.
5. The home sold in early 2022. What does that recent sale history suggest?
A sale just three years after being built is not uncommon and doesn't inherently signal an issue. It could reflect a relocation, a change in family circumstances, or an investor’s decision. The detailed sold price data available by request is crucial to understanding the local market’s valuation of the property since its initial purchase.
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