Property score
80.6
Excellent
Overall 80.6 · 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 62.0 · 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)
764
515k
$359/sqft
2020
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
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
58 Maligne Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 296 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 18% | Top 27% | Top 12% |
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 58 Maligne Way in Winnipeg’s Fraipont neighbourhood presents a modern, low-maintenance living option. Built in 2020, its key appeal lies in its contemporary construction and recently renovated basement, offering move-in readiness without the immediate concerns of an older home. With 1,416 sqft of living space, it sits around the average for its immediate street and the city overall, providing a practical layout for a small family or couple. The detached garage adds functional storage or parking space.
Its value proposition is nuanced. While the lot size is compact compared to many city and neighbourhood homes, this translates to less yard upkeep—a potential benefit for buyers seeking a modern home without extensive outdoor maintenance. The home’s assessed value ranks significantly above the citywide average, suggesting it is situated in a desirable area, yet it remains competitively priced among similar newer builds in Fraipont. This property would suit first-time buyers or downsizers looking for a newer, turnkey home in a developed neighbourhood who prioritize interior space and modern systems over a large private yard.
Frequently Asked Questions
How does the lot size impact daily living?
While the land area is below average for the city, the property is typical for newer subdivisions. It means less time and cost spent on landscaping and yard work, but also limited space for expansive gardens, play structures, or extensive outdoor entertaining.
What does the "above average" citywide assessment ranking mean?
Ranking in the top 26% citywide for assessed value generally indicates the property is in a stable or appreciating area. It doesn't directly set the market price, but it often reflects favourable municipal valuation compared to much of Winnipeg's older housing stock.
Are there any known issues with homes built in 2020?
As a relatively new build, major structural issues are unlikely. The focus for a buyer should be on reviewing the builder's warranty status, understanding the quality of the basement renovation, and conducting a standard inspection to check for any minor settling or installation quirks common in the first few years.
How does the sold price history help determine value?
The listed sale from July 2024 provides a recent benchmark. Comparing this to the assessed value and the prices of similar nearby homes (like the referenced properties on Crestmont Drive) helps establish a realistic current market range, showing activity in this price bracket for newer Fraipont homes.
What is the neighbourhood character of this part of Fraipont?
The listing shows several nearby and similar properties built between 2019-2022, indicating this is a newer section of the neighbourhood. This often results in a consistent streetscape, similar-aged demographics, and potentially fewer large, mature trees compared to established areas.
