73 Thelon Way

Fraipont, Winnipeg

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

3-min walk to transit with 1 nearby route

Within 500m: 2 parks nearby

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)

Sold Count

764

Median price

515k

$/sqft

$359/sqft

Avg build year

2020

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Property score

80.6 is composed by the two sections below.

Property Score

74.4Good
Living Area1,460 sqft75Good
Year Built201997Excellent
Lot Size3,460 sqft38Low
Neighbourhood Sales Activity86Excellent

Community Score

90.0Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress63Fair
Core Housing Need100Excellent
Employment Health100Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111207

Community deep dive

$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

Population, labour & age

Population (2021)1,509
Labour force participation rate88%
Median age31.2
Avg household size3.1
Unemployment rate2%
Population density1658 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households9%
Couple families with children49%
Median household income (2020)$120K

Housing

Renter households9%
Condominium dwellings2%
Median dwelling value (owners)$468K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority63%
Bachelor's or higher (25–64)59%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Punjabi · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,460 sqft
0255075100
Same streetTop 39%Same areaBottom 20%CitywideTop 33%
Same street · Thelon Way
#13 / 33
Top 39% · Avg 1,568 sqft
Same area · Fraipont
#898 / 1,128
Bottom 20% · Avg 1,668 sqft
Citywide · Winnipeg
#63,674 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

above average
438k
0255075100
Same streetBottom 39%Same areaBottom 22%CitywideTop 30%
Same street · Thelon Way
#20 / 33
Bottom 39% · Avg 466.5k
Same area · Fraipont
#878 / 1,128
Bottom 22% · Avg 501.8k
Citywide · Winnipeg
#59,291 / 194,458
Top 30% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 9%Same areaBottom 38%CitywideTop 4%

Lot Size

around average
3,460 sqft
0255075100
Same streetBottom 42%Same areaBottom 21%CitywideBottom 19%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

73 Thelon Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 384 m).

Search radius
🌳Parks2

Crime & Safety

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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 73 Thelon Way.

🗑️

Garbage

tuesday

♻️

Recycling

tuesday

🍂

Yard Waste

tuesday b

Sales History

Sold 10/2022CA$450k–500k
Sold price

Same street

Top 33%

Same area

Top 42%

City-wide

Top 18%

Related homes

Highlights & common questions: 73 Thelon Way, Winnipeg

Property Overview

This two-storey home at 73 Thelon Way in Winnipeg’s Fraipont neighbourhood presents a practical, modern living option. Built in 2019, it offers 1,460 sqft of living space with a detached garage and an unfinished basement. Its key appeal lies in its contemporary construction, which means fewer immediate maintenance concerns compared to older city-wide averages, and its position as a solidly average property within its immediate area. The home suits first-time buyers or downsizers seeking a move-in ready, low-maintenance property without the premium of a brand-new build. It also appeals to value-focused buyers who prioritize a newer home over a larger lot, as the land size is more compact compared to many city properties.

Frequently Asked Questions

What is the real significance of the "above average" city-wide assessed value ranking?
While the assessed value ranks in the top 30% city-wide, this largely reflects the home's modern build year compared to Winnipeg's overall older housing stock. It's more informative to compare it to its own neighbourhood and street, where it ranks as average to below average, giving a clearer picture of its local market position.

Is the unfinished basement a drawback or an opportunity?
This depends on the buyer. It’s a drawback for those seeking immediate, finished square footage. However, it represents a clear opportunity for customization and added value, allowing new owners to finish the space to their own needs and taste without needing to undo previous renovations.

How should I interpret the sold price history from 2022?
The sold price range from late 2022 provides a historical benchmark, but it is not the current market value. It’s most useful for understanding the home’s price trajectory and should be used as a starting point for research, alongside recent comparable sales and a professional appraisal.

The lot size is noted as "below average" for the city. How does this affect daily living?
The 3,460 sqft lot requires less upkeep than a larger yard, which is a benefit for those seeking a low-maintenance lifestyle. The trade-off is less private outdoor space for gardening or recreation. For many in newer neighbourhoods, this is a standard and acceptable compromise.

Who are the most likely competing buyers for this property?
Given its profile, likely competition would come from other practical-minded buyers: young professionals, couples, or small families looking for a modern home in a developed neighbourhood. It may see less competition from buyers specifically seeking large lots, extensive renovations, or heritage character.

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