79.2
Good
Property score
79.2
Good
Overall 79.2
Smaller than most nearby homes
1,367 sqft (bottom 7%)
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
18% 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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79.2 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
65 Thelon Way — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 366 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 65 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 | Bottom 43% | Bottom 40% | Top 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 65 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 scale. The 1,367 sqft living space is efficiently sized for a smaller household, and the renovated basement adds valuable flexible space.
The home’s assessed value positions it as an above-average offering citywide, suggesting good value retention for its age and condition. While the lot is compact compared to many city and neighbourhood averages, this translates to less yard upkeep—a potential perk for busy professionals or those seeking a low-maintenance lifestyle. The detached garage is a practical asset in Winnipeg’s climate.
This property would best suit first-time buyers or downsizers looking for a modern, turnkey home without the premium of a brand-new build. It’s also a practical choice for investors seeking a newer property with rental appeal, given its contemporary features and desirable age.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,367 sqft, the living area is very close to the Winnipeg average. It’s slightly smaller than typical homes in Fraipont and on Thelon Way itself, which often contributes to its competitive pricing within this newer neighbourhood.
2. What does the "Elite" ranking for Year Built mean?
This indicates the home is newer than roughly 96% of all properties in Winnipeg. Built in 2019, it is among the top 4% newest homes citywide, a significant advantage in a market with many older homes.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value is for municipal tax purposes and is not an appraisal. However, its "above average" citywide ranking suggests the property holds solid market value fundamentals. Always consult a real estate professional for current market pricing.
4. What are the implications of the smaller land area?
The lot is under 3,100 sqft, which is smaller than most in the area. This means a smaller yard for maintenance (or gardening), but also potentially less private outdoor space. It’s a trade-off that prioritizes the home itself over land.
5. Can I get the exact historical sale price?
Yes, but not automatically displayed. The listing service provides a sold price range for transparency. To obtain the exact figure from their records, you must request it via email, a process they complete manually for privacy reasons.
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