80.6
Excellent
Property score
80.6
Excellent
Overall 80.6
Smaller than most nearby homes
1,460 sqft (bottom 20%)
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
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
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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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
49 Thelon Way — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 334 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 49 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 19% | Top 40% | Top 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 49 Thelon Way, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2019, offers modern living in Winnipeg's Fraipont neighbourhood. Its key appeal lies in its balance of being a relatively new build—which means fewer immediate maintenance concerns—with a manageable, family-friendly size of 1,460 sqft. The home features a detached garage and an unfinished basement, presenting a blank canvas for future customization.
The property’s standout characteristic is its age relative to the broader Winnipeg market; it is newer than approximately 96% of city-wide comparables. This is a significant point for buyers seeking modern construction standards without the premium of a brand-new build. While the lot size is more compact than many in the area and city, this often translates to less yard upkeep, appealing to those seeking a low-maintenance lifestyle. The assessed value positions the property as a solid, above-average offering city-wide, suggesting good foundational value.
This home would best suit first-time buyers or young families looking for a move-in-ready, modern house in a developing community. It’s also a practical choice for buyers who prefer to allocate their time and budget to interior finishing and personalization over extensive landscaping or major renovations.
Section 2: Frequently Asked Questions
1. How does the lot size impact outdoor living?
While the land area is smaller than many Winnipeg lots, it provides adequate private outdoor space for a patio, garden, or play area without demanding excessive maintenance. It’s a efficient use of space suited to a low-maintenance lifestyle.
2. What does the “unfinished basement” mean for me?
The unfinished basement offers significant potential value. It allows a new owner to customize the additional square footage to their exact needs—whether as a rec room, home office, or extra bedrooms—without paying a premium for a prior owner’s finished layout that may not suit them.
3. The home sold in 2022. What does that recent sale history indicate?
A sale just a few years ago suggests the current owners likely made a relatively short-term move. This can be neutral, but it’s always wise to inquire about their reason for selling to understand the full context.
4. How does this home compare to others on the same street?
The data shows this home is very typical for Thelon Way in terms of living space, value, and notably, its year of construction—it’s among the newer homes on the street. This indicates a consistent, modern streetscape.
5. The assessed value seems low compared to some nearby references. Why?
Property assessments are for municipal tax purposes and use a standardized valuation model. They are not market appraisals. The key takeaway is its “above average” city-wide ranking, which indicates a solid value foundation. The sale price of similar nearby homes (like those listed for reference) will give a more current picture of market value.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
