St. Vital Perimeter South, Winnipeg
Property score
92.5
Excellent
Overall 92.5 · Larger and newer than most nearby homes
6,598 sqft (top 1%) · Built in 2021 (35 yrs newer than avg)
Located in a high-income area with median household income of ~144k
Transit 0.0
Living Area
Above average
215% larger than neighborhood avg.
Year Built
Above average
35 yrs newer than neighborhood avg.
Mother tongue
English · 78%French · 10%
Past 10 years St. Vital Perimeter South sales snapshot (~80% of all data)
147
741k
$427/sqft
1986
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92.5 is composed by the two sections below.
Property Score
Community Score
St. Vital Perimeter South
How to read: Share of sales in each ~$50k price band for “st. vital perimeter south” (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: #46110937
$144K
Median household income
$164K
Average household income
6%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.2
P90 / P10 ratio
11%
Single-person households
42%
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
St. Vital Perimeter South · 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%
815 Fraser Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
This is an elite residential property in the St. Vital Perimeter South area of Winnipeg, built in 2021. It sits on an exceptionally large lot of 218,089 square feet—roughly five acres—and offers 6,598 square feet of living space. The assessed value is $2.12 million.
The appeal lies in rarity. Within the city, the home ranks in the top 1% for both living area and assessed value. More tellingly, it ranks first on its street and third in its area for size, in a neighbourhood where the average home is around 2,098 square feet. The property is not just large; it is new and sits on land that is itself in the top 1% citywide. This combination—a recent build, a massive lot, and a high-end finish—points to a home designed for privacy, space, and long-term ownership.
This property would suit a buyer who values seclusion within city limits. It is less suited to someone looking for a turnkey suburban home in a dense development. The ideal buyer is likely someone with a large family, a need for multi-generational living, or a preference for substantial outdoor space (gardens, recreation, or potential for additions) without leaving Winnipeg. It also appeals to those who prioritize having the newest infrastructure and finishes in a setting where most comparable lots are likely older.
1. Is the land usable, or is it mostly undeveloped?
At roughly five acres, the land is significantly larger than standard city lots. While the listing doesn't specify the exact layout, a lot of this size typically allows for substantial yard space, potential for a secondary structure, or privacy buffers. Buyers should verify whether any portion is undeveloped or protected (e.g., flood plain, easements).
2. How does the assessed value compare to recent sales?
The assessed value of $2.12M is a benchmark, not a price tag. In the top 1% of Winnipeg homes, direct comparable sales are rare. Buyers should look at recent sales of estate-style homes in St. Vital or other perimeter-adjacent areas, and note that assessed value often lags behind market value in competitive segments.
3. What is the maintenance commitment for a property this size?
A 6,598 sqft home and five acres require significant upkeep—both interior maintenance and exterior grounds care. Heating, cooling, and utilities will be higher than average. This is a consideration for buyers who do not wish to hire regular property management or landscaping services.
4. Is St. Vital Perimeter South a quiet, established area?
Yes, this area is known for larger lots, mature trees, and a semi-rural feel while still being within Winnipeg city limits. It tends to appeal to buyers seeking space and privacy rather than walkability. Proximity to amenities like schools and shopping should be verified based on your daily routes.
5. How new is "new" for this home?
Built in 2021, the home is effectively brand-new. This means modern construction standards, energy efficiency, and contemporary finishes. It also means the roof, mechanicals, and major systems are at the start of their lifespan, which lowers immediate maintenance risk compared to older estate homes.
