Property score
88.1
Excellent
Overall 88.1 · Larger than most nearby homes
1,958 sqft (top 16%) · Built in 2019 (1 yr older 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: 1 park nearby
Living Area
Above average
17% 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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88.1 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
42 Thelon Way — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 341 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 14% | Top 30% | Top 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 42 Thelon Way in Winnipeg's Fraipont neighbourhood presents a modern, low-maintenance living option. Built in 2019, its key appeal lies in its above-average size and value within a newer, consistent streetscape. With 1,958 sqft of living space and an attached garage, it ranks in the top 12% of city homes for size and the top 9% for its newer year of build. The assessed value is notably strong for its immediate area, placing in the top 6% on its own street. The property sits on a 4,399 sqft lot, offering standard outdoor space for the neighbourhood without extensive yard upkeep.
The home suits buyers seeking a move-in ready property from the last decade, likely appealing to young families or professionals who prioritize modern systems and efficient use of interior space over a large garden. Its strong comparative metrics suggest it's a sizeable and valued home within its micro-market, offering a sense of relative premium on Thelon Way itself. A thoughtful perspective is that while the home is newer city-wide, it is around the average age for Fraipont, indicating you're buying into an established modern subsection rather than a standalone new build. The lack of a basement renovation may be seen as a blank canvas for future expansion.
Frequently Asked Questions
What does the "above average" ranking actually mean for a buyer?
It means that compared to similar homes in each category (on its street, in Fraipont, and city-wide), this property scores highly in key metrics like living area and assessed value. On its own street, for example, its living space is larger than 88% of comparable homes.
Is the basement finished?
The listing states the basement exists but is "not renovated," meaning it is likely an unfinished space awaiting customization.
How does the lot size compare to a typical Winnipeg property?
The 4,399 sqft lot is around average for the Fraipont area but below the city-wide average lot size. This typically translates to a manageable yard suited for patios and landscaping, rather than vast, expansive grounds.
The home sold in early 2019. Is the current price close to that last sale price?
The exact sold price is available upon request, but public data shows the sale range was between $50.50k and $53.50k in January 2019. The current assessed value is $58.60k, which is a separate valuation for tax purposes and not a direct market price.
What is the neighbourhood context of Thelon Way?
The listing shows several nearby properties on the same street, all built around the same time (2018-2021). This suggests a cohesive, newer subdivision within Fraipont, offering neighbourhood consistency in home age and style.
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