85.3
Excellent
Property score
85.3
Excellent
Overall 85.3
Compared with neighbourhood average
1,702 sqft (top 35%)
Built in 2020
Located in a high-income area
with median household income of ~120k
Transit 70.0
2-min walk to transit with 1 nearby route
Within 500m: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
2% 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)
764
515k
$359/sqft
2020
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85.3 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
87 Maligne Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 358 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 | Bottom 46% | Bottom 25% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 87 Maligne Way, Fraipont
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2020, presents a modern, low-maintenance living option in Winnipeg's Fraipont neighbourhood. Its primary appeal lies in its above-average size and contemporary condition within a newer community. With 1,702 sqft of living space, it ranks in the top 10% on its street and top 21% city-wide for size, offering more room than many comparable homes. The property features an attached garage and a renovated basement, adding functional space.
The home’s assessed value places it consistently above average across all comparison levels, suggesting a perception of solid worth relative to its peers. It suits buyers seeking a turnkey, modern property without the immediate concerns or update costs of an older home. It’s particularly well-matched for young families or professionals who value space and newer construction, but who may not prioritize a large yard, as the lot size is more modest compared to the city-wide average. A thoughtful perspective is that this home represents a balance: it offers the benefits of a newer build (modern systems, energy efficiency, contemporary layout) within a specific and established micro-market of newer homes in Fraipont, providing a clearer "apples-to-apples" comparison for value.
Section 2: Frequently Asked Questions
1. How does the lot size compare to older neighbourhoods?
While the lot is average for Fraipont, it is below the city-wide average. This is typical for newer subdivisions and translates to less exterior maintenance but potentially less private outdoor space than homes in older, established areas.
2. What does the "above average" assessed value ranking mean for property taxes?
A higher assessed value relative to peers generally indicates a higher property tax bill. While it signals municipal confidence in the property's worth, buyers should budget accordingly.
3. The home sold in late 2020. What might that indicate?
As a relatively recent resale of a new build, it could suggest the original owners' circumstances changed. It provides a useful, modern sale price benchmark, though the current market value will be influenced by conditions since 2020.
4. Is the renovated basement included in the living area square footage?
Typically, finished basement space is not included in the official living area (above-grade) calculation. The 1,702 sqft likely refers to the main and upper floors, with the renovated basement providing additional bonus space.
5. How does living on a street of similar, newer homes affect value?
This creates a uniform and well-maintained streetscape, which can protect and stabilize values. However, it also means direct competition when selling, as buyers will compare it closely with near-identical neighbours.
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