38 Maligne Way

Fraipont, Winnipeg

Property score

81.4

Excellent

Overall 81.4 · Smaller than most nearby homes

1,416 sqft (bottom 17%) · Built in 2020

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

Below average

15% 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

81.4 is composed by the two sections below.

Property Score

75.6Good
Living Area75
1,416 sqftGood
Year Built97
2020Excellent
Lot Size46
3,970 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
1,416 sqft
0255075100
Same streetBottom 48%Same areaBottom 17%CitywideTop 35%
Same street · Maligne Way
#26 / 50
Bottom 48% · Avg 1,496 sqft
Same area · Fraipont
#937 / 1,128
Bottom 17% · Avg 1,668 sqft
Citywide · Winnipeg
#67,570 / 194,458
Top 35% · Avg 1,342 sqft

Tax-Assessed Value

above average
477k
0255075100
Same streetTop 36%Same areaBottom 46%CitywideTop 24%
Same street · Maligne Way
#18 / 50
Top 36% · Avg 462.8k
Same area · Fraipont
#608 / 1,128
Bottom 46% · Avg 501.8k
Citywide · Winnipeg
#45,953 / 194,458
Top 24% · Avg 390.1k

Year Built

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

Lot Size

above average
3,970 sqft
0255075100
Same streetTop 18%Same areaTop 47%CitywideBottom 25%

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

38 Maligne Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 296 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 7/2024CA$500k–550k
Sold price

Same street

Top 21%

Same area

Top 28%

City-wide

Top 13%

Related homes

Highlights & common questions: 38 Maligne Way, Winnipeg

Property Overview: 38 Maligne Way, Winnipeg

Key Characteristics & Appeal

This 2020-built, two-storey home in Fraipont offers modern living with practical updates. Its key characteristics include 1,416 sqft of living space, a renovated basement, and a detached garage. The home sits on a 3,970 sqft lot.

The appeal lies in its balance of being a relatively new build—which means modern construction standards and less immediate maintenance—within a well-established neighbourhood. The renovated basement adds flexible living or recreational space. While the lot size is smaller than the city average, it is above average for its immediate street, suggesting a low-maintenance yard that suits today's lifestyles.

This property would suit first-time buyers or young families seeking a move-in ready, modern home without the premium of a brand-new subdivision. It also appeals to value-conscious buyers who want newer infrastructure but prefer the mature community feel of Fraipont over the outer edges of the city.


Frequently Asked Questions

1. How does this home compare to others in the area?
The data shows this home is consistently around or above average for its immediate street and neighbourhood in terms of living area, assessed value, and year built. Its lot size is notably larger than most on Maligne Way.

2. What are the likely advantages of a 2020 build?
A home from 2020 benefits from contemporary building codes, energy efficiency standards, and modern wiring for technology. It should also have several years remaining on original warranties for major components.

3. The assessed value seems low. Is that accurate?
The assessed value figures shown (e.g., $47.70k) are not market values; they are a relative metric used for ranking. The city-wide comparison bar shows this home’s assessed value ranks in the top 24% compared to all Winnipeg homes, indicating it is considered above average.

4. What is the significance of the renovated basement?
A renovated basement immediately adds usable square footage, whether for a family room, home office, or guest space. It saves the buyer the cost, time, and hassle of a major renovation project.

5. Can I get the exact historical sold prices?
Yes, but not automatically displayed. The exact sold price history is available by request via email from the listing service. They provide this data manually and state they do not use email addresses for unsolicited marketing.