14 Maligne Way

Fraipont, Winnipeg

Property score

79.9

Good

Overall 79.9 · Smaller than most nearby homes

1,381 sqft (bottom 9%) · 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

79.9 is composed by the two sections below.

Property Score

73.2Good
Living Area71
1,381 sqftGood
Year Built97
2020Excellent
Lot Size46
3,766 sqftLow
Neighbourhood Sales Activity86
Excellent

Community Score

90.0Excellent
Household Income91
Excellent
Education Level91
Excellent
Housing Stress63
Fair
Core Housing Need100
Excellent
Employment Health100
Excellent

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
1,381 sqft
0255075100
Same streetBottom 18%Same areaBottom 9%CitywideTop 37%
Same street · Maligne Way
#41 / 50
Bottom 18% · Avg 1,496 sqft
Same area · Fraipont
#1,024 / 1,128
Bottom 9% · Avg 1,668 sqft
Citywide · Winnipeg
#71,173 / 194,458
Top 37% · Avg 1,342 sqft

Tax-Assessed Value

above average
439k
0255075100
Same streetBottom 22%Same areaBottom 23%CitywideTop 30%
Same street · Maligne Way
#39 / 50
Bottom 22% · Avg 462.8k
Same area · Fraipont
#871 / 1,128
Bottom 23% · Avg 501.8k
Citywide · Winnipeg
#58,910 / 194,458
Top 30% · Avg 390.1k

Year Built

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

Lot Size

around average
3,766 sqft
0255075100
Same streetBottom 38%Same areaBottom 43%CitywideBottom 23%

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

14 Maligne Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 289 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 6/2024CA$450k–500k
Sold price

Same street

Top 28%

Same area

Top 38%

City-wide

Top 17%

Related homes

Highlights & common questions: 14 Maligne Way, Winnipeg

Property Overview: 14 Maligne Way, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fraipont is a modern property, built in 2020, offering a move-in-ready opportunity with minimal upkeep in its early years. Its key appeal lies in its balance of contemporary construction and a below-average assessed value relative to the wider Winnipeg market. With 1,381 sqft of living space and a detached garage, it suits first-time buyers or downsizers seeking a newer home without a premium city-wide price tag.

The home’s characteristics present a nuanced value proposition. While its living space is modest for the immediate neighbourhood and Fraipont area, it is actually around the average size for a Winnipeg home overall. The lot size follows a similar pattern: average for the street and area, but smaller than typical city lots. This positions the property as an efficient, lower-maintenance option within a newer community. Its strongest selling point is its age; being built in 2020 places it in the top 3% of homes city-wide by newness, suggesting modern building standards, energy efficiency, and no immediate need for major renovations.

This property would best suit pragmatic buyers who prioritize modern systems and condition over sheer square footage or a large yard. It’s ideal for those who want to avoid the renovation projects common with older Winnipeg homes and prefer the predictable maintenance of a near-new build, all while staying within a reasonable budget.

Section 2: Frequently Asked Questions

1. Is the assessed value an accurate reflection of the market price?
While the assessed value is a key municipal metric for calculating taxes, market price is determined by current buyer demand. The home recently sold in mid-2024, and its assessed value is notably below the Winnipeg city average, which may indicate a value opportunity in a newer build.

2. How does the living space compare to other homes?
At 1,381 sqft, the home is below the average size for both Maligne Way and the Fraipont area. However, it is very close to the average living area for the entire city of Winnipeg. This suggests a efficient, right-sized layout that may appeal to those not needing extra space.

3. What are the implications of the home being built in 2020?
A 2020 build date means the home is under 10 years old, placing it in the elite tier for age city-wide. Buyers can expect modern construction codes, likely better energy efficiency, and that major components like the roof, furnace, and appliances should have considerable life remaining, minimizing near-term capital costs.

4. What is the neighbourhood like?
Maligne Way appears to be a tight-knit, newer subdivision within Fraipont. The proximity of similar, recently built homes (as seen in the nearby property list) indicates a consistent, modern streetscape. The high density of new builds suggests a community that is still establishing its mature character.

5. Why is the city-wide assessed value ranking so much stronger than the local ranking?
This highlights a key perspective: this home is a newer, moderately sized property in a newer area. Compared to the vast number of older, sometimes larger homes across Winnipeg’s established neighbourhoods, its modern condition gives it a high relative standing. Locally, it’s compared directly to other similar newer homes, where its size is more average. This contrast underscores its appeal as a modern home in a broader market of older housing stock.