98 Lucerne Place

Fraipont, Winnipeg

Property score

84.8

Excellent

Overall 84.8 · Compared with neighbourhood average

1,674 sqft (top 38%) · Built in 2019 (1 yr older than avg)

Located in a high-income area with median household income of ~120k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Near average

0% larger than neighborhood avg.

Year Built

Below average

1 yrs older 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

84.8 is composed by the two sections below.

Property Score

81.4Excellent
Living Area1,674 sqft83Excellent
Year Built201997Excellent
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
1,674 sqft
0255075100
Same streetBottom 37%Same areaTop 38%CitywideTop 22%
Same street · Lucerne Place
#25 / 40
Bottom 37% · Avg 1,846 sqft
Same area · Fraipont
#426 / 1,128
Top 38% · Avg 1,668 sqft
Citywide · Winnipeg
#42,676 / 194,458
Top 22% · Avg 1,342 sqft

Tax-Assessed Value

above average
522k
0255075100
Same streetTop 50%Same areaTop 26%CitywideTop 16%
Same street · Lucerne Place
#20 / 40
Top 50% · Avg 563.1k
Same area · Fraipont
#294 / 1,128
Top 26% · Avg 501.8k
Citywide · Winnipeg
#31,974 / 194,458
Top 16% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetBottom 27%Same areaBottom 38%CitywideTop 4%

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

98 Lucerne Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 182 m).

Search radius
🌳Parks2

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 9/2019CA$350k–400k
Sold price

Same street

Bottom 14%

Same area

Bottom 18%

City-wide

Top 34%

Related homes

Highlights & common questions: 98 Lucerne Place, Winnipeg

Property Overview: 98 Lucerne Place, Winnipeg

Key Characteristics & Buyer Appeal

This two-storey home in Fraipont is a modern, low-maintenance property built in 2019. Its key features include a renovated basement and an attached garage. With 1,674 sqft of living space, it offers above-average roominess for Winnipeg overall, while feeling comfortably sized among its immediate neighbours. The assessed value positions it as a solid, above-average offering within the broader neighbourhood and city, suggesting good value retention.

The primary appeal lies in its balance. It’s a relatively new build, which means fewer immediate repair concerns and modern amenities, set in an established area. The renovated basement adds flexible living space. It’s particularly well-suited for first-time buyers or young families seeking a move-in-ready home without the premium of a brand-new subdivision, or for downsizers who want modern convenience and single-level living potential (main floor plus finished basement) without the upkeep of an older property.

A thoughtful perspective: while the lot size is smaller than the city average, this translates to less yard work—a perk for those seeking a lock-and-leave lifestyle or more indoor living space. Its value ranking significantly outperforms its size ranking city-wide, indicating you’re paying more for the quality and condition of the home itself rather than just square footage.

Frequently Asked Questions

1. How does this home compare to others on the street?
It sits comfortably in the middle of the pack for its street in terms of size, value, and lot size. It’s neither the largest nor the smallest, offering a sense of consistency within the neighbourhood.

2. What does the "Elite" city-wide ranking for year built mean?
This indicates the home is newer than approximately 96% of all homes in Winnipeg. It highlights a key advantage: modern construction standards, likely better energy efficiency, and less near-term worry about major aging components like the roof or furnace.

3. Is the sold price history from 2019 relevant today?
The 2019 sale was likely the original purchase from the builder. While it shows historical context, it does not reflect current market value. The assessed value and recent comparable sales are more relevant for today’s market.

4. What are the implications of the lot size being below the city average?
The lot is more manageable, requiring less time and expense for maintenance like mowing and landscaping. This can be a benefit for busy owners. However, it may offer less private outdoor space or expansion potential compared to larger lots elsewhere in the city.

5. Who would find the most value in this property?
Buyers who prioritize a modern, move-in-ready home with a finished basement over having a large yard will find strong value here. It’s an efficient package that offers contemporary living in a settled community without the premium or wait associated with a brand-new build.

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