Property Overview: 94 Maligne Way, Winnipeg

Key Characteristics & Appeal

This is a modern, two-storey home built in 2020, offering a move-in-ready foundation in the Fraipont neighbourhood. Its key appeal lies in its contemporary age, which means fewer immediate maintenance concerns compared to much of Winnipeg's older housing stock. With 1,389 sqft of living space, it provides practical room for a small family or couple, sitting at a comfortable, average size both for its immediate street and city-wide.

The data presents a nuanced picture. While the home is newer and reasonably sized, its assessed value is notably below average for both its street and neighbourhood, which could signal a potential value opportunity for a buyer. The lot is compact, which translates to less yard maintenance—a plus for those seeking a low-upkeep lifestyle—but may not suit those wanting extensive outdoor space. It does not have a garage or pool.

This property would best suit first-time homebuyers or downsizers looking for a modern, no-fuss home in a developing area. It’s also a sensible fit for value-oriented buyers who prioritize a recent build year and are comfortable with a standard-sized home on a smaller lot. The below-average assessment within its immediate context is a point for further investigation, potentially appealing to those seeing long-term value in a still-maturing community.

Frequently Asked Questions

1. Why is the assessed value lower than many neighbours?
While the home is modern, its assessed value ranks below average on its street and in Fraipont. This can be influenced by factors like the compact lot size, lack of a garage, a standard (non-renovated) basement, and the specific market dynamics of newer subdivisions where valuations can vary.

2. What are the pros and cons of a 2020 build?
The major advantage is modern construction standards, newer major systems (like HVAC and plumbing), and likely better energy efficiency, minimizing near-term repair costs. A less obvious consideration is that the landscape and neighbourhood greenery are still maturing, which can affect curb appeal but offers a blank slate for gardening.

3. Is the living space sufficient for a family?
At 1,389 sqft, it is a practical size for a small or young family. It's slightly below the average for similar homes in Fraipont but aligns with the city-wide average. The two-storey layout typically offers good separation of living and sleeping areas, but those needing multiple dedicated rooms or extensive storage should evaluate the floorplan closely.

4. How does the lack of a garage impact daily life?
This means relying on driveway parking and having no dedicated sheltered storage or workshop space. For homeowners with one or two vehicles, it’s manageable, but it requires planning for winter snow clearing and considering alternative storage solutions for tools, bicycles, and seasonal items.

5. What does the sold price history indicate?
Public records show it last sold in September 2020 for an estimated range of $32.50k to $35.50k. This was likely a pre-construction or early-build sale price. The current assessed value of $40.50k reflects the municipal valuation for tax purposes, which is a different metric than market value. For an exact historical sold price, you can request the information directly via the provided email service.