81.7
Excellent
Property score
81.7
Excellent
Overall 81.7
Compared with neighbourhood average
1,496 sqft (bottom 31%)
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: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
10% smaller 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)
764
515k
$359/sqft
2020
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81.7 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: #46111207
$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
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
109 Maligne Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 357 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 8% | Top 12% | Top 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 109 Maligne Way, Fraipont
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2021, offers modern living in Winnipeg's Fraipont neighbourhood. Its key appeal lies in its balance of being a newer build with established community roots. With 1,496 sqft of living space and a renovated basement, the home provides practical, move-in-ready space for a growing household or those looking to avoid major immediate renovations.
The property’s assessed value is notably strong for its immediate street and city-wide, suggesting a well-regarded and maintained home. While the lot size is more compact compared to the Winnipeg average, it is typical for newer subdivisions and translates to less exterior maintenance. This home would particularly suit first-time buyers or young families seeking a contemporary property without the premium of a brand-new build, as well as practical buyers who value a modern foundation (like updated mechanicals and insulation) but prefer a neighbourhood that has begun to mature since its development.
A less obvious perspective is its positioning within the local market: it’s a newer home in a street and area where many homes are of a similar vintage. This means you benefit from modern standards, but without standing out as the only new house on an older block, which can sometimes affect resale. The recent sale in mid-2024 also provides a clear, current market benchmark for value.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
The lot is 3,874 sqft, which is below the city-wide average but typical for the Fraipont area and newer developments. It means a manageable yard for maintenance, but may limit expansion possibilities or privacy compared to larger, older lots.
2. What does the "above average" assessed value indicate?
The assessed value ranks in the top 20% on its street and top 22% city-wide. This generally reflects that the property is valued higher than many peers, often due to factors like its newness, condition, renovations, or desirability of its specific location.
3. The home sold recently in June 2024. What does that mean for a buyer now?
A very recent sale provides a transparent, up-to-date market price benchmark. It indicates an active market for this type of home and means the current listing (if applicable) can be compared directly to that recent transaction.
4. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify with the seller or local municipality if a potential income suite is a requirement, as renovations do not automatically imply legal suite status.
5. How does the age of this home compare to the neighbourhood?
Built in 2021, it is among the newest homes on Maligne Way (top 4%) and in Winnipeg overall (top 2%). In the broader Fraipont area, it is still above average. This suggests you are buying one of the more modern homes available, with likely fewer near-term repair needs than the typical Winnipeg home built in the 1960s.
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