82 Thelon Way

Fraipont, Winnipeg

Property score

90.2

Excellent

Overall 90.2 · Larger than most nearby homes

2,237 sqft (top 6%) · Built in 2020

Located in a high-income area with median household income of ~120k

Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Above average

34% larger 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)

Sold Count

764

Median price

515k

$/sqft

$359/sqft

Avg build year

2020

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Property score

90.2 is composed by the two sections below.

Property Score

90.3Excellent
Living Area2,237 sqft96Excellent
Year Built202097Excellent
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

Elite
2,237 sqft
0255075100
Same streetTop 3%Same areaTop 6%CitywideTop 6%
Same street · Thelon Way
#1 / 33
Top 3% · Avg 1,568 sqft
Same area · Fraipont
#64 / 1,128
Top 6% · Avg 1,668 sqft
Citywide · Winnipeg
#11,529 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

above average
564k
0255075100
Same streetTop 9%Same areaTop 15%CitywideTop 11%
Same street · Thelon Way
#3 / 33
Top 9% · Avg 466.5k
Same area · Fraipont
#164 / 1,128
Top 15% · Avg 501.8k
Citywide · Winnipeg
#21,499 / 194,458
Top 11% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 3%Same areaTop 46%CitywideTop 3%

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

82 Thelon Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 419 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 5/2020CA$400k–450k
Sold price

Same street

Bottom 48%

Same area

Bottom 41%

City-wide

Top 24%

Related homes

Highlights & common questions: 82 Thelon Way, Winnipeg

Property Overview: 82 Thelon Way, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fraipont is a modern property, built in 2020, offering move-in readiness without the immediate concerns of an older home. Its key strength is generous space: at 2,237 sqft, the living area is notably larger than most comparable homes in its immediate area, ranking in the top 3% on its street. It sits on a 4,607 sqft lot, which is above average for the neighbourhood, providing good outdoor space for a newer subdivision. The home includes an attached garage and a basement (unrenovated), offering storage or future expansion potential.

The appeal lies in its combination of new construction and above-average dimensions for its peer group. It suits buyers looking for a modern home in a developing area who prioritize interior square footage and a newer building envelope, likely avoiding the maintenance surprises of older properties. A thoughtful perspective is that while the assessed value is strong locally, the city-wide comparison shows it aligns with a newer, efficiently built home rather than a character property, appealing to those valuing predictability over vintage charm.

Section 2: Frequently Asked Questions

1. How does the living area compare to nearby homes?
This home’s living space of 2,237 sqft is significantly larger than the average for similar homes on its street (approx. 1,568 sqft) and in the Fraipont area (approx. 1,668 sqft), placing it in the top tier for size locally.

2. What does the "unrenovated basement" mean?
The basement is finished as part of the original 2020 build but has not been upgraded or remodeled since. It presents a clean slate for future customization but is functional as-is.

3. Is the assessed value high for the area?
Yes. Its assessed value of $56.40k ranks above average for its street, neighbourhood, and city-wide, indicating it is valued higher than many peers, likely due to its size, newness, and lot.

4. How does the lot size compare to older Winnipeg neighbourhoods?
At 4,607 sqft, the lot is above average for Fraipont but is around the city-wide average for newer subdivisions. It is typically smaller than lots found in older, established neighbourhoods where averages can be larger.

5. What is the historical price context?
Public data indicates a sale in May 2020 in the $42.50k to $45.50k range. For an exact sold price history, a manual request via email is required from the listing source.

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