Property Overview: 103 Maligne Way, Fraipont
Key Characteristics & Appeal
This two-storey home, built in 2021, offers modern living with minimal initial upkeep. Its primary appeal lies in its balance of above-average space and a contemporary build within a neighbourhood of similar, newer homes. With 1,543 sqft of living space, it ranks well above the city average, providing room to grow without the maintenance concerns of an older property. The attached garage and full (though unrenovated) basement add practical utility.
The home’s value is nuanced. Its assessed value is strong citywide, but is more aligned with the average on its own street and in Fraipont, suggesting it’s priced consistently within its immediate market—a point of stability rather than outlier value. A thoughtful perspective is the lot size: while ample for the street, it is below the citywide average. This translates to less yard maintenance, which will suit some buyers perfectly, but may not appeal to those wanting extensive outdoor space.
This property would best suit first-time buyers or young families seeking a move-in ready, modern home in a developing community. It’s also a prudent choice for buyers who prioritize newer construction (and its associated warranties and efficiency) over custom renovations or large, established gardens.
Frequently Asked Questions
1. Is this a good value compared to other homes on the street?
The data suggests it is very typical. Its assessed value and living area are both squarely around the average for Maligne Way, indicating it’s priced in line with its direct neighbours, not as a premium or discount offering.
2. What does “basement, not renovated” mean?
It indicates the lower level is developed and usable (not raw concrete), but finishes are likely basic or builder-grade. It presents a clean canvas for future customization but is functional as-is for storage or casual living space.
3. How does the lot size compare?
At 3,871 sqft, the lot is above average for Maligne Way but below the Winnipeg average. This typically means a manageable yard suited for a patio, play set, or garden, but not for extensive landscaping or privacy hedging.
4. The home is only a few years old. What should I check?
Focus on builder-grade components that may be nearing the end of their short lifespan, such as appliances, HVAC systems, and flooring. Also, review the status of any remaining new-home warranties and inspect the grading and drainage, as settling in newer subdivisions can sometimes lead to water management issues.
5. You mention recent sale price ranges. How do I get the exact figure?
The exact sold price history is not published publicly. You can request it directly via the button on the listing page. The service provides the accurate price via email, typically by the end of the same business day, without subscription obligations.