Property Overview: 16 Thelon Way, Winnipeg
Key Characteristics & Appeal
This two-storey home in Fraipont is a modern property, built in 2019, offering a move-in-ready foundation with space to personalize. Its key appeal lies in its above-average living space (1,774 sq ft) compared to both the immediate street and the wider city, providing room to grow within a newer build. The home sits on a 4,400 sq ft lot, which is generous for the neighbourhood, offering good outdoor space for a newer community. With an attached garage and an unfinished basement, it presents a practical layout with clear potential for future expansion or customization to suit a buyer's needs.
The property suits first-time buyers or young families looking for a modern home in a developing area without the premium of a brand-new build. It also appeals to value-conscious buyers who prioritize more interior square footage and a larger lot within a newer housing cohort, seeing the unfinished basement as a project opportunity rather than a drawback. A thoughtful perspective is that while its assessed value is solidly average for Fraipont, its newer age and above-average size citywide suggest a efficient use of space that may hold long-term value as the neighbourhood matures.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
The living area is notably above average for both Thelon Way and the broader Fraipont area, placing it in the top 30% and 29% respectively for size within those groups.
2. What is the potential for future expansion?
The basement is unfinished, providing a significant opportunity to add customized living space, additional bedrooms, or a recreational area according to your needs and budget.
3. Is the assessed value typical for the area?
Yes. The assessed value is around the average for both the street and Fraipont, but ranks above average citywide, reflecting its newer build and larger footprint compared to the overall Winnipeg market.
4. How old is this property relative to others in Winnipeg?
Built in 2019, it is a relatively new home. It ranks in the top 4% citywide for year built, meaning it is significantly newer than the average Winnipeg home.
5. What is the lot size like?
At 4,400 sq ft, the lot is above average for Thelon Way and typical for Fraipont. It offers a good balance of yard space for a newer subdivision without the extensive maintenance of a much larger city lot.