Property score
79.2
Good
Overall 79.2 · Smaller than most nearby homes
1,389 sqft (bottom 13%) · Built in 2020
Located in a high-income area with median household income of ~120k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby
Living Area
Below average
17% smaller 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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79.2 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
98 Maligne Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 311 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 5% | Bottom 3% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 98 Maligne Way, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in the Fraipont neighbourhood is a modern, low-maintenance property built in 2020. With 1,389 sqft of living space, it offers a practical layout for a smaller household. Its key appeal lies in its contemporary construction, meaning it likely benefits from current building codes, modern energy efficiency, and minimal immediate repair needs. The home sits on a compact, manageable lot (3,248 sqft), which reduces yard work—a plus for those seeking a newer home without extensive outdoor upkeep.
The property suits first-time buyers or downsizers looking for a turn-key, modern home in a newer community. Its assessed value of $400k is around the city-wide average, positioning it as a straightforward entry into a newer build. A thoughtful perspective is that while the lot is smaller than many in the city, this often translates to lower maintenance costs and more neighbourly proximity, which can be appealing for those seeking community feel. Notably, its year built ranks in the top 3% city-wide, a significant advantage for buyers wanting to avoid the hidden costs and surprises common with older homes.
Section 2: Frequently Asked Questions
1. What are the property taxes?
Based on the assessed value of $400,000, you can estimate taxes using Winnipeg’s current mill rate. For an accurate calculation, it's best to consult the City of Winnipeg’s tax calculator or speak with your real estate professional.
2. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This presents a blank canvas for future expansion or storage, but any development would be an additional project and cost.
3. How does the value compare to nearby homes?
The home’s assessed value is below average for its immediate street and the Fraipont area, but aligns with the Winnipeg average. This suggests it may offer relative value within its own newer neighbourhood, where many comparable homes are assessed higher.
4. What is the parking situation?
The listing specifies there is no garage. Buyers should inquire about the driveway capacity and any municipal street parking regulations to understand their full parking options.
5. Why was the previous sold price so low in 2020?
The sold price range shown for November 2020 ($32.5k ~ $35.5k) is not representative of the market value. This typically indicates a transfer between family members, a title adjustment, or the sale of a bare land title before the home was built. The current assessed value of $400k reflects the market value of the completed property.
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