86 Lucerne Place

Fraipont, Winnipeg

Property score

87.0

Excellent

Overall 87.0 · Larger than most nearby homes

1,838 sqft (top 24%) · Built in 2020

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

10% larger than neighborhood avg.

Year Built

Near average

0 yrs newer 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

87.0 is composed by the two sections below.

Property Score

85.0Excellent
Living Area1,838 sqft89Excellent
Year Built202097Excellent
Lot Size4,075 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
1,838 sqft
0255075100
Same streetTop 45%Same areaTop 24%CitywideTop 16%
Same street · Lucerne Place
#18 / 40
Top 45% · Avg 1,846 sqft
Same area · Fraipont
#268 / 1,128
Top 24% · Avg 1,668 sqft
Citywide · Winnipeg
#30,628 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
506k
0255075100
Same streetBottom 40%Same areaTop 36%CitywideTop 19%
Same street · Lucerne Place
#24 / 40
Bottom 40% · Avg 563.1k
Same area · Fraipont
#401 / 1,128
Top 36% · Avg 501.8k
Citywide · Winnipeg
#36,572 / 194,458
Top 19% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 38%Same areaTop 46%CitywideTop 3%

Lot Size

around average
4,075 sqft
0255075100
Same streetBottom 32%Same areaTop 43%CitywideBottom 27%

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

86 Lucerne Place — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 167 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 2/2020CA$450k–500k
Sold price

Same street

Bottom 44%

Same area

Bottom 46%

City-wide

Top 22%

Related homes

Highlights & common questions: 86 Lucerne Place, Winnipeg

Property Overview: 86 Lucerne Place, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in the Fraipont neighbourhood is a modern, low-maintenance property built in 2020. Its key appeal lies in its balance of space, contemporary construction, and location within a newer community. With 1,838 sqft of living space, it offers above-average roominess for both the city and the local area. The home features an attached garage and a full, unfinished basement, providing solid fundamentals and a blank canvas for future customization.

The property suits buyers seeking a move-in ready home from the last decade, who want to avoid the immediate repairs or major updates often needed in older houses. Its assessed value positions it as a strong, mid-range option within Fraipont—appealing to practical buyers who value a modern build without paying a premium for the absolute newest or largest home on the block. A thoughtful perspective is the lot size: while perfectly standard for the street and area, it is below the citywide average. This suggests a more efficient, lower-maintenance yard, which could be a pro for those wanting less outdoor upkeep, but a consideration for those dreaming of expansive gardens.

Section 2: Frequently Asked Questions

1. How does this home compare in size to others nearby?
At 1,838 sqft, the living area is slightly above the average for the broader Fraipont area and significantly above the Winnipeg city average, offering more interior space than most homes citywide.

2. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This provides the next owner with the opportunity to customize the space to their needs.

3. What is the neighbourhood like for a home built in 2020?
Fraipont appears to be a newer community, as many comparable homes nearby were built around the same time (2019-2022). This suggests a neighbourhood with similar modern homes and likely contemporary infrastructure.

4. How does the property’s value compare?
Its assessed value is around average for Lucerne Place and the Fraipont area, but places it in the top 19% citywide. This indicates it is a above-average value property across Winnipeg, while being priced competitively within its immediate market.

5. What is the lot size, and is it typical?
The lot is 4,075 sqft. This is fairly typical for Lucerne Place and Fraipont, but is below the overall city average lot size. It supports a standard suburban yard with manageable upkeep.

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