Property score
90.5
Excellent
Overall 90.5 · Larger than most nearby homes
2,170 sqft (top 7%) · Built in 2020
Located in a high-income area with median household income of ~141k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 1 park nearby
Living Area
Above average
30% larger than neighborhood avg.
Year Built
Near average
0 yrs newer than neighborhood avg.
Mother tongue
English · 64%French · 6%
Past 10 years Fraipont sales snapshot (~80% of all data)
764
515k
$359/sqft
2020
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90.5 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: #46111206
$141K
Median household income
$153K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
7%
Single-person households
54%
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
9 Bow Water Drive — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 375 m), 1 parks (nearest 311 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 33% | Top 5% | Top 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 9 Bow Water Drive, Winnipeg
Key Characteristics & Appeal
This two-storey home in Fraipont is a modern, above-average property built in 2020. Its primary appeal lies in its combination of new construction, generous space, and a premium position within its market. With 2,170 sqft of living area and a renovated basement, it offers substantial room for a growing family or those who value space. The attached garage and a land area of over 5,700 sqft add practical utility and outdoor potential.
The data reveals a compelling narrative: this home isn't just large; it's a standout. Its assessed value places it in the elite top 2% for both the Fraipont area and Winnipeg citywide, indicating a property that is highly valued relative to its peers. While it's a newer home on its street, it fits the average age for the neighbourhood, suggesting it's in a well-established, desirable area that has seen recent development. This property would ideally suit buyers looking for a move-in ready, modern home without sacrificing lot size, and for those who see value in a home that metrics confirm is a top-tier asset within its community.
Frequently Asked Questions
1. How does the assessed value compare to the likely selling price?
The assessed value of $799,000 is a strong benchmark for municipal taxation, but market conditions ultimately determine sale price. Given its elite ranking, it suggests a premium property, but a current market evaluation is recommended.
2. What is the neighbourhood of Fraipont like?
Fraipont is an established Winnipeg neighbourhood. The data shows this home is newer than the citywide average but aligns with the area's average year built, indicating a mature community with pockets of newer construction, often appealing for its established amenities and streetscapes.
3. Is the basement renovation reflected in the assessment?
The listing notes a renovated basement, which is likely a contributing factor to the home's high assessed value and living area. It's advisable to confirm the scope of renovations, required permits, and how they are classified in the official assessment.
4. The home sold in early 2021. What does that past sale indicate?
The 2021 sale price range provides historical context from the previous market. Its significant value increase since then, as reflected in the current assessment, highlights market appreciation and the property's upward trajectory, though past performance doesn't guarantee future results.
5. How does the lot size compare to typical city lots?
At 5,773 sqft, the lot is above average for both its street and Fraipont, offering more private outdoor space than many nearby properties. Citywide, it's around the median, providing a balanced, manageable yard without being overly expansive.
