82.3
Excellent
Property score
82.3
Excellent
Overall 82.3
Smaller than most nearby homes
1,263 sqft (bottom 2%)
Built in 2021 (1 yr newer than avg)
Located in a high-income area
with median household income of ~120k
Transit 62.0
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
24% 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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82.3 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
23 Maligne Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 348 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 46% | Bottom 29% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 23 Maligne Way, Winnipeg
Key Characteristics & Appeal
This is a modern, one-storey home built in 2021, situated on an exceptionally large lot in the Fraipont neighbourhood. Its primary appeal lies in a compelling combination of new construction and generous outdoor space. At 1,263 sqft, the living area is functional but notably smaller than most immediate neighbours, positioning this as a efficient, low-maintenance home rather than a sprawling one. The standout feature is the 7,178 sqft lot, which ranks in the top 2% on its street, offering significant potential for gardening, expansion, or outdoor recreation.
The home’s assessed value of $480k is strong relative to both the city and street, suggesting it is well-regarded. It suits buyers seeking a modern build without major renovation concerns, who prioritize land size over interior square footage. It would particularly appeal to downsizers looking for a single-level layout with room for hobbies or gardening, or to young families valuing a new home in a developing area with ample yard space for children. The attached garage and full (though unrenovated) basement add practical utility.
Frequently Asked Questions
1. Is the smaller living area a concern?
While the home’s footprint is efficient, the living area is below average for both the street and Fraipont. This suits those seeking easier maintenance, but buyers needing ample indoor space for a large family or dedicated home offices should consider this factor carefully.
2. What does the high assessed value relative to the street indicate?
The home’s assessed value ranks 12th highest out of 50 on Maligne Way. This typically reflects its new construction, desirable lot size, and current market valuation, which may contribute to a stronger resale position compared to older or smaller-lot homes on the street.
3. How does the lot size compare meaningfully?
The lot is nearly double the street average. This is a significant asset, offering privacy, space for additions like a deck or shed, and a feeling of openness uncommon in newer subdivisions where lots are often smaller.
4. What is the neighbourhood like?
Fraipont appears to be a newer, developing community with many homes built around 2020. The provided comparable listings suggest a consistent style and age of property, indicating a modern, uniform streetscape.
5. Where can I find exact historical sale prices?
The listing service notes that exact sold price history is available upon direct request via email, as the public data shows ranges. They commit to providing the accurate figure manually, typically by the end of the same day.
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