80.6
Excellent
Property score
80.6
Excellent
Overall 80.6
Smaller and older than most nearby homes
1,460 sqft (bottom 20%)
Built in 2018 (2 yrs 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: 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
12% smaller than neighborhood avg.
Year Built
Below average
2 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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80.6 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
37 Thelon Way — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 310 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%
Local garbage, recycling, and yard waste pickup schedule for 37 Thelon Way.
Garbage
tuesday
Recycling
tuesday
Yard Waste
tuesday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 33% | Top 42% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This two-storey home at 37 Thelon Way in Winnipeg's Fraipont neighbourhood is a modern, low-maintenance property built in 2018. Its primary appeal lies in its contemporary construction, which offers move-in readiness without the immediate concerns of aging roofs or major systems. With 1,460 sqft of living space, it sits comfortably around the average size for its immediate street and the wider city, providing a practical layout for everyday living.
The home suits first-time buyers or downsizers seeking a newer build that balances space and simplicity. Its assessed value is notably below average for the Fraipont area, which could present a value opportunity for cost-conscious buyers entering a desirable neighbourhood. A thoughtful perspective is that while the lot size is compact compared to city-wide averages, this translates to less yard upkeep—a potential benefit for those prioritizing indoor living space and free time over extensive gardening. The detached garage adds flexible storage or workshop space. It’s a property for someone who values modern efficiency and a stable community footprint over a sprawling lot or custom renovations.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value is below the average for both the immediate Fraipont neighbourhood and similar homes on Thelon Way, potentially indicating a competitive entry point into this community.
2. What should I know about the basement?
The listing notes the basement exists but is "not renovated." This means it is likely unfinished, offering blank-canvas storage or future expansion space, but would require investment to develop into living area.
3. Is the home relatively modern compared to Winnipeg’s housing stock?
Yes. Built in 2018, it is significantly newer than the average Winnipeg home (city-wide average year built is 1966), placing it in the top tier for age city-wide. This typically suggests newer major components like roofing, windows, and HVAC.
4. How does the lot size impact the property?
The land area is compact, especially compared to the broader city average. This means smaller outdoor maintenance but also limited private yard space. The focus here is on the home itself rather than extensive grounds.
5. Are there recent sale prices available for this home?
Public data shows a sale occurred in August 2023 within a provided price range. For the exact sale price, you can request the information directly via the website’s email service.
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