Property score
85.9
Excellent
Overall 85.9 · Larger than most nearby homes
1,774 sqft (top 29%) · Built in 2019 (1 yr older 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
Living Area
Above average
6% larger than neighborhood avg.
Year Built
Below average
1 yrs older 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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85.9 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
16 Thelon Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 290 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 | Bottom 24% | Bottom 27% | Top 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 16 Thelon Way, Winnipeg
Key Characteristics & Appeal
This two-storey home in Fraipont is a modern property, built in 2019, offering a move-in-ready foundation with space to personalize. Its key appeal lies in its above-average living space (1,774 sq ft) compared to both the immediate street and the wider city, providing room to grow within a newer build. The home sits on a 4,400 sq ft lot, which is generous for the neighbourhood, offering good outdoor space for a newer community. With an attached garage and an unfinished basement, it presents a practical layout with clear potential for future expansion or customization to suit a buyer's needs.
The property suits first-time buyers or young families looking for a modern home in a developing area without the premium of a brand-new build. It also appeals to value-conscious buyers who prioritize more interior square footage and a larger lot within a newer housing cohort, seeing the unfinished basement as a project opportunity rather than a drawback. A thoughtful perspective is that while its assessed value is solidly average for Fraipont, its newer age and above-average size citywide suggest a efficient use of space that may hold long-term value as the neighbourhood matures.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
The living area is notably above average for both Thelon Way and the broader Fraipont area, placing it in the top 30% and 29% respectively for size within those groups.
2. What is the potential for future expansion?
The basement is unfinished, providing a significant opportunity to add customized living space, additional bedrooms, or a recreational area according to your needs and budget.
3. Is the assessed value typical for the area?
Yes. The assessed value is around the average for both the street and Fraipont, but ranks above average citywide, reflecting its newer build and larger footprint compared to the overall Winnipeg market.
4. How old is this property relative to others in Winnipeg?
Built in 2019, it is a relatively new home. It ranks in the top 4% citywide for year built, meaning it is significantly newer than the average Winnipeg home.
5. What is the lot size like?
At 4,400 sq ft, the lot is above average for Thelon Way and typical for Fraipont. It offers a good balance of yard space for a newer subdivision without the extensive maintenance of a much larger city lot.
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