76 Thelon Way

Fraipont, Winnipeg

Property score

79.4

Good

Overall 79.4 · Smaller than most nearby homes

1,263 sqft (bottom 2%) · 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

24% 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

79.4 is composed by the two sections below.

Property Score

72.3Good
Living Area1,263 sqft66Good
Year Built201997Excellent
Lot Size4,607 sqft60Fair
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
1,263 sqft
0255075100
Same streetBottom 1%Same areaBottom 2%CitywideTop 44%
Same street · Thelon Way
#33 / 33
Bottom 1% · Avg 1,568 sqft
Same area · Fraipont
#1,101 / 1,128
Bottom 2% · Avg 1,668 sqft
Citywide · Winnipeg
#86,315 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
448k
0255075100
Same streetTop 48%Same areaBottom 27%CitywideTop 29%
Same street · Thelon Way
#16 / 33
Top 48% · Avg 466.5k
Same area · Fraipont
#827 / 1,128
Bottom 27% · Avg 501.8k
Citywide · Winnipeg
#55,893 / 194,458
Top 29% · Avg 390.1k

Year Built

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

Lot Size

above average
4,607 sqft
0255075100
Same streetTop 6%Same areaTop 25%CitywideBottom 36%

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

76 Thelon Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 407 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%

Sales History

Sold 7/2023CA$450k–500k
Sold price

Same street

Top 24%

Same area

Top 40%

City-wide

Top 17%
Sold 12/2019CA$350k–400k
Sold price

Same street

Bottom 5%

Same area

Bottom 8%

City-wide

Top 42%

Related homes

Highlights & common questions: 76 Thelon Way, Winnipeg

Property Overview

This 2019-built, one-storey home in Fraipont offers a modern, low-maintenance living option. Its key appeal lies in being a newer construction in a neighbourhood of similar-age homes, providing contemporary systems and finishes without the concerns of an older property. At 1,263 sqft with an attached garage and an unrenovated basement, it presents a practical, move-in-ready canvas.

The home suits first-time buyers or downsizers seeking a modern, single-level layout. Its assessed value is notably efficient compared to city-wide averages, suggesting a potentially lower property tax burden. A less obvious advantage is the lot size: at 4,607 sqft, the land parcel is significantly larger than most on the street and in Fraipont, offering above-average outdoor space for a home of this vintage. While the living area is modest for the immediate area, it is close to the city-wide average, positioning it as a competitively sized home in the broader market.


Frequently Asked Questions

Is this a good value compared to other homes?
The assessed value is above average city-wide but below average for the Fraipont area, suggesting you may get more home for your tax dollar here than in many other parts of the city, while still being in a modern neighbourhood.

What does the "unrenovated basement" mean?
The basement is finished but has not been updated since the home was built in 2019. It's functional and modern by default, offering blank-slate potential for personalization without the immediate need or cost of a full renovation.

How does the lot size compare?
The land area is a standout feature. It's larger than 94% of lots on Thelon Way and 75% of those in Fraipont, offering more private outdoor space than most comparable properties in this newer community.

What is the neighbourhood like?
Fraipont is a contemporary community, with most homes built around the same time (2019-2020). This creates a consistent streetscape and means your neighbours will likely have similar, modern-home maintenance timelines.

Why are the sold price ranges provided instead of exact figures?
Exact sale prices are not always publicly available. The provided ranges are based on public data, and the precise historical sale price can be requested directly from the listing service via email to aid in making an informed offer.

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