97 Lucerne Place

Fraipont, Winnipeg

Property score

89.1

Excellent

Overall 89.1 · Larger than most nearby homes

1,989 sqft (top 13%) · Built in 2021 (1 yr newer 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

Above average

19% 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)

Sold Count

764

Median price

515k

$/sqft

$359/sqft

Avg build year

2020

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Property score

89.1 is composed by the two sections below.

Property Score

88.5Excellent
Living Area1,989 sqft92Excellent
Year Built2021100Excellent
Lot Size4,593 sqft60Fair
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
1,989 sqft
0255075100
Same streetTop 30%Same areaTop 13%CitywideTop 11%
Same street · Lucerne Place
#12 / 40
Top 30% · Avg 1,846 sqft
Same area · Fraipont
#149 / 1,128
Top 13% · Avg 1,668 sqft
Citywide · Winnipeg
#21,563 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

above average
645k
0255075100
Same streetTop 25%Same areaTop 6%CitywideTop 6%
Same street · Lucerne Place
#10 / 40
Top 25% · Avg 563.1k
Same area · Fraipont
#73 / 1,128
Top 6% · Avg 501.8k
Citywide · Winnipeg
#10,764 / 194,458
Top 6% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetTop 8%Same areaTop 32%CitywideTop 2%

Lot Size

above average
4,593 sqft
0255075100
Same streetTop 28%Same areaTop 25%CitywideBottom 36%

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

97 Lucerne Place — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 141 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 5/2021CA$550k–600k
Sold price

Same street

Top 22%

Same area

Top 14%

City-wide

Top 8%

Related homes

Highlights & common questions: 97 Lucerne Place, Winnipeg

Property Overview: 97 Lucerne Place, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fraipont is a modern property, built in 2021, offering nearly 2,000 square feet of living space. Its key appeal lies in its combination of new construction and above-average size relative to its immediate neighbourhood and the wider city. The home features an attached garage and a full, unrenovated basement, presenting a blank canvas for future development.

The property consistently ranks above average for its living area, assessed value, and land size when compared to similar homes on its street, in Fraipont, and across Winnipeg. This suggests a solid investment in a desirable, likely newer, subdivision. The lot is generous for newer communities, though more typical of suburban plots when viewed city-wide.

This home would best suit buyers looking for a move-in ready, modern build who value space and a strong positional value within their community. It’s ideal for those wanting to avoid the immediate maintenance concerns of an older home and who may have plans to customize the basement to their own taste over time. The data indicates it’s a premium property within its local context, appealing to professionals or growing families seeking a established, contemporary neighbourhood feel.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to nearby sales?
Based on public data, a very similar home on the same street sold in 2021 for between $56.5k and $59.5k. The current assessed value is $64.5k, which is in the top 25% for Lucerne Place. This indicates strong value retention and growth potential in the area.

2. What does the "above average" ranking actually mean for a buyer?
The rankings show this home is larger, newer, and more valuable than most comparable properties in its immediate area. For example, its living space is larger than 70% of similar homes on its street and 87% of those in Fraipont. This means you’re purchasing a property that stands out positively in its local market.

3. Is the basement finished?
No, the basement is noted as "not renovated." This is a functional, unfinished space that offers significant potential for future expansion, allowing a new owner to customize it to their needs and potentially add considerable value.

4. How does the lot size compare to typical Winnipeg homes?
At just over 4,500 sq. ft., the lot is above average for both the street and Fraipont. However, compared to the entire city, it’s around the average mark. This is common for newer subdivisions, offering a good balance of yard space and low-maintenance living.

5. Can I find out the exact historical sold price?
The precise sold price is not publicly listed. The listing service offers to provide the exact figure directly via email upon request, at no cost and without using your email for unsolicited marketing.

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