106 Maligne Way

Fraipont, Winnipeg

Property score

79.2

Good

Overall 79.2 · Smaller than most nearby homes

1,389 sqft (bottom 13%) · Built in 2020

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

Below average

17% smaller than neighborhood avg.

Year Built

Near average

0 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

79.2 is composed by the two sections below.

Property Score

72.0Good
Living Area1,389 sqft71Good
Year Built202097Excellent
Lot Size3,248 sqft38Low
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

around average
1,389 sqft
0255075100
Same streetBottom 36%Same areaBottom 13%CitywideTop 36%
Same street · Maligne Way
#32 / 50
Bottom 36% · Avg 1,496 sqft
Same area · Fraipont
#981 / 1,128
Bottom 13% · Avg 1,668 sqft
Citywide · Winnipeg
#70,388 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

around average
405k
0255075100
Same streetBottom 4%Same areaBottom 6%CitywideTop 37%
Same street · Maligne Way
#48 / 50
Bottom 4% · Avg 462.8k
Same area · Fraipont
#1,058 / 1,128
Bottom 6% · Avg 501.8k
Citywide · Winnipeg
#72,157 / 194,458
Top 37% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 18%Same areaTop 46%CitywideTop 3%

Lot Size

below average
3,248 sqft
0255075100
Same streetBottom 22%Same areaBottom 11%CitywideBottom 15%

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

106 Maligne Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 311 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 10/2020CA$350k–400k
Sold price

Same street

Bottom 18%

Same area

Bottom 5%

City-wide

Top 44%

Related homes

Highlights & common questions: 106 Maligne Way, Winnipeg

Property Overview: 106 Maligne Way, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2020, presents a practical opportunity in the Fraipont neighbourhood. Its key appeal lies in its modern age, placing it among the newest homes citywide, which suggests contemporary building standards and minimal immediate repair concerns. With 1,389 sqft of living space, it offers a functional layout that is competitively sized for its immediate street and area.

The property’s assessed value is notably below average for both Maligne Way and Fraipont, which could indicate a value proposition for a buyer, especially when paired with the home's recent build year. The lot size is compact compared to city norms, which translates to lower maintenance but less private outdoor space. The home has a basement (unrenovated) and no garage or pool, positioning it as a straightforward, no-frills property.

This home would suit first-time buyers or downsizers seeking a modern, low-maintenance property without paying a premium for extensive upgrades or large land. It’s also a sensible fit for investors or buyers focused on fiscal efficiency, as the below-average assessment for a newer build could represent a strategic entry point into a neighbourhood of similar-aged homes.


Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than neighbouring homes?
While the assessed value is below the average for the street and area, it is close to the citywide average for comparable homes. This can sometimes reflect the specific valuation of the lot, the home’s finishings, or the unrenovated basement. It’s a key point to discuss with a real estate professional for context.

2. What are the implications of having a smaller lot?
The 3,248 sqft lot is manageable and requires less yard work, which is a plus for those seeking low upkeep. The trade-off is limited space for expansions, large gardens, or extensive outdoor recreation.

3. The home sold in 2020. What does that price history suggest?
The initial sale price range from 2020 provides a baseline. Comparing it to the current assessed value and similar recent sales in Fraipont can help gauge the area’s market movement over the past few years.

4. How does the unrenovated basement affect the home's value?
The basement offers potential for future living space, storage, or utility, but as it is unrenovated, its current contribution to the home’s value and livable square footage is limited. Any future finishing would be an investment on top of the purchase price.

5. With no garage, what are the parking options?
Prospective buyers should verify the specific driveway and street parking regulations for the property. The lack of a garage is a practical consideration for vehicle storage, security, and additional storage needs.

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