114 Maligne Way

Fraipont, Winnipeg

Property score

80.6

Excellent

Overall 80.6 · Smaller than most nearby homes

1,468 sqft (bottom 22%) · 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

12% 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

80.6 is composed by the two sections below.

Property Score

74.4Good
Living Area1,468 sqft75Good
Year Built202097Excellent
Lot Size3,252 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
1,468 sqft
0255075100
Same streetTop 46%Same areaBottom 22%CitywideTop 32%
Same street · Maligne Way
#23 / 50
Top 46% · Avg 1,496 sqft
Same area · Fraipont
#880 / 1,128
Bottom 22% · Avg 1,668 sqft
Citywide · Winnipeg
#62,956 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
467k
0255075100
Same streetTop 48%Same areaBottom 38%CitywideTop 25%
Same street · Maligne Way
#24 / 50
Top 48% · Avg 462.8k
Same area · Fraipont
#701 / 1,128
Bottom 38% · Avg 501.8k
Citywide · Winnipeg
#49,403 / 194,458
Top 25% · Avg 390.1k

Year Built

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

Lot Size

below average
3,252 sqft
0255075100
Same streetBottom 26%Same areaBottom 13%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

114 Maligne Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 303 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 5/2021CA$350k–400k
Sold price

Same street

Bottom 36%

Same area

Bottom 16%

City-wide

Top 35%
Sold 9/2020CA$350k–400k
Sold price

Same street

Bottom 13%

Same area

Bottom 4%

City-wide

Top 46%

Related homes

Highlights & common questions: 114 Maligne Way, Winnipeg

Property Overview: 114 Maligne Way, Winnipeg

Key Characteristics & Appeal

This is a modern, two-storey home built in 2020, offering a move-in-ready opportunity in the Fraipont neighbourhood. Its key appeal lies in its balance of contemporary living and practical value. With 1,468 sqft of living space and a renovated basement, the home provides comfortable room for a small family or professionals. A detached garage adds functional storage or workshop space.

The home’s standout characteristic is its age and condition relative to the broader Winnipeg market. Built in 2020, it ranks in the top 3% citywide for new construction, meaning it likely offers modern building standards, energy efficiency, and minimal immediate maintenance compared to the city’s average home built in 1966. While the lot size is more compact than average for the area, this often translates to less yard upkeep. The assessed value sits above the citywide average, suggesting a solid valuation foundation.

This property would suit first-time buyers or young families looking for a modern home without the wait and uncertainties of a new build. It’s also a practical fit for buyers who prefer a low-maintenance exterior and want to avoid the major renovation projects common with older inventory.


Frequently Asked Questions

1. How does this home’s value compare to the neighbourhood?
The home’s assessed value is very close to the average for both Maligne Way and the wider Fraipont area, indicating it is priced consistently within its immediate market.

2. What does the “renovated basement” include?
The listing notes a renovated basement, but specifics on finish quality, permits, or layout are not provided. This is a key detail to clarify with the seller or a viewing.

3. Is the lot size a concern?
The land area is smaller than many lots in Fraipont. This means less private outdoor space but also reduced landscaping chores. It’s a trade-off that depends on the buyer’s lifestyle.

4. Why is the citywide assessed value ranking so high?
The “above average” citywide ranking primarily reflects the home’s modern build year (2020) compared to Winnipeg’s predominantly older housing stock, not necessarily an unusually high price for a newer home.

5. What is the typical price trend for homes on this street?
Based on available data, a similar home on Maligne Way sold in 2021 in the $375k-$405k range. Market conditions have changed since then, so a current comparative market analysis is recommended.

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