Property score
89.5
Excellent
Overall 89.5 · Larger than most nearby homes
2,225 sqft (top 6%) · 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
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Above average
33% larger than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
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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89.5 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
54 Thelon Way — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 362 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਟਾਪ 48% | ਹੇਠਲੇ 42% | ਟਾਪ 24% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Summary: 54 Thelon Way, Fraipont, Winnipeg
Section 1: Overview & Appeal
This two-storey home in the Fraipont neighbourhood is a modern, above-average property built in 2019. Its key appeal lies in its generous scale and premium positioning within a newer community. With 2,225 sqft of living space, it ranks in the top 6% for size both on its street and citywide, offering more room than most comparable homes. This is complemented by a renovated basement and an attached garage.
The property’s standout characteristic is its assessed value of $58.90k, which places it in the elite top 3% on Thelon Way and above average for the wider city. This suggests a high-quality build, desirable finishes, or premium lot placement relative to its peers. While the land size is fairly typical for the area, the home itself represents a "more house" proposition in a neighbourhood of newer builds.
This home would best suit buyers looking for a move-in ready, modern property without the wait of new construction, who value spacious interior living areas over a large yard. It’s ideal for growing families or professionals seeking a home that statistically outperforms its local and citywide benchmarks in terms of size and assessed value.
Section 2: Frequently Asked Questions
1. What does the "assessed value" ranking actually mean?
The assessed value is used for municipal tax purposes and is often correlated with market value. Ranking in the top 3% on its street indicates this home is officially valued significantly higher than almost all its immediate neighbours, hinting at superior materials, upgrades, or a prime location within the subdivision.
2. How does the living space compare to typical Winnipeg homes?
At 2,225 sqft, this home is substantially larger than the Winnipeg average (~1,342 sqft), placing it in the top 6% citywide. You are getting a size of home that is relatively rare in the broader market.
3. The home was last sold in early 2019. What should I consider?
As a 2019 sale was likely the original purchase from the builder, the current owner is the first occupant. This means the home is still relatively new but may have wear consistent with its age. Any renovations, like the basement, were done by the current owner.
4. Is the land size a drawback?
The lot is average for Fraipont but smaller than the citywide average. This is typical for newer subdivisions. The trade-off is a much larger interior living space, making it a good fit for those who prioritize indoor square footage over extensive outdoor maintenance.
5. What is the context of the provided "Sold Price" range?
The range shown (e.g., $42.50k ~ $45.50k for 1/2019) is an estimate from public data. For the exact historical sale price, you must request it directly via the provided email link. This is a common practice to ensure accuracy and verify user interest.
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