Property score
82.5
Excellent
Overall 82.5 · Smaller and older than most nearby homes
1,262 sqft (bottom 2%) · Built in 2018 (2 yrs older 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
Below average
24% smaller than neighborhood avg.
Year Built
Below average
2 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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82.5 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
89 Wapta Crescent — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 410 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 43% | Top 32% | Top 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 89 Wapta Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in Fraipont is defined by a compelling contrast between its efficient living space and its generous, elite-sized lot. Built in 2018, the 1,262 sqft bungalow offers modern, low-maintenance living with a renovated basement and an attached garage. Its primary appeal lies in its exceptional outdoor potential. With a land area of approximately 9,408 sqft, the property ranks in the top 3% on its street and top 2% in the neighbourhood for lot size, offering rare space for gardens, recreation, or future expansion in a newer community.
The home suits two distinct buyer types perfectly. First, it’s ideal for downsizers or empty-nesters seeking a modern, single-level layout without sacrificing the pleasure of a large, private yard. Second, it appeals to strategic buyers or families who prioritize land value and future potential over immediate square footage, viewing the sizable lot as a long-term asset for enjoyment or investment. While the living area is modest for the neighbourhood, the property’s assessed value is strong citywide, suggesting a solid foundation of value in the land itself.
Section 2: Frequently Asked Questions
1. Is the living space too small for the neighbourhood?
While the home’s living area is below the current average for Fraipont, this is reflected in its positioning. It represents an opportunity to secure a large lot in a desirable area at a potentially more accessible point, prioritizing land over built space.
2. What does the “Elite” ranking for Land Area actually mean?
It means this property’s lot size is larger than approximately 97-98% of comparable homes in its immediate area. This is a significant and rare feature, especially for a home built in 2018, where newer lots tend to be smaller.
3. The assessed value seems low compared to some neighbours. Why?
Municipal assessed value is for taxation purposes and considers multiple factors, including building size and age. This home’s assessment is around the neighbourhood average, but its true market potential is likely bolstered by the high value of its substantial lot, which may not be fully captured in the assessment.
4. Who would this property not be ideal for?
It may not suit buyers who prioritize immediate, extensive indoor living space above all else, or those unwilling to consider future renovations (like an addition) to fully utilize the large lot.
5. How current and move-in ready is a 2018 build?
A home built in 2018 is relatively new, meaning major systems like roofing, HVAC, and windows are likely under 10 years old and should be in excellent condition, offering a modern layout and minimal immediate repair costs.
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