Property Overview & Key Characteristics

This two-storey home at 26 Maligne Way in Winnipeg's Fraipont neighbourhood presents a modern, low-maintenance living opportunity. Built in 2020, it offers the appeal of a nearly new construction with the settled feel of an established street. The home sits on a generous 4,715 sqft lot, which ranks in the top 6% for size on its street, providing ample private outdoor space—a notable feature for a newer build. With 1,379 sqft of living space, a detached garage, and an unrenovated basement, it offers a solid foundation for personalization.

Its primary appeal lies in its balance of newness and value within a desirable setting. The property ranks in the top 3% in Winnipeg for its new year of build, suggesting minimal immediate repair costs. It would suit first-time buyers seeking a move-in-ready home without the premium of a brand-new build, or downsizers looking for modern efficiencies and a manageable yard without sacrificing space. A thoughtful perspective is its position as a "blank slate" basement; while not renovated, it represents potential future equity rather than a dated finish to be replaced.

Frequently Asked Questions

Q: How does this home compare to others in the area?
A: The data shows it has a larger-than-average lot for the street and is newer than 97% of homes in Winnipeg. While its living area is slightly below the neighbourhood average, its assessed value is competitive with similar newer homes in Fraipont.

Q: What does the "unrenovated basement" mean?
A: The basement is finished but in its original state from the 2020 build. It’s a functional space that hasn’t been updated or customized, allowing the next owner to finish it to their taste without the need to first demolish an old renovation.

Q: Is the property in a well-established area?
A: Yes. The high ranking for lot size and year built on its specific street indicates Maligne Way is a mature, sought-after block where newer homes have been built on spacious lots, offering a blend of established greenery and modern homes.

Q: What is the potential for future value growth here?
A: Key indicators are positive: a newer home in a top-tier location within the neighbourhood (top 21%) on a large lot. The unrenovated basement and general modern condition mean value can be added through updates without major structural overhauls.

Q: How does the assessed value relate to the likely selling price?
A: The assessed value is a municipal figure for tax purposes. Notably, it aligns closely with several comparable newer homes in the area (referenced at $40.5k-$44.3k), suggesting it is priced consistently within the current market for similar Fraipont properties.