23 Maligne Way

Property Overview: 23 Maligne Way, Winnipeg

Key Characteristics & Appeal

This is a modern, one-storey home built in 2021, situated on an exceptionally large lot in the Fraipont neighbourhood. Its primary appeal lies in a compelling combination of new construction and generous outdoor space. At 1,263 sqft, the living area is functional but notably smaller than most immediate neighbours, positioning this as a efficient, low-maintenance home rather than a sprawling one. The standout feature is the 7,178 sqft lot, which ranks in the top 2% on its street, offering significant potential for gardening, expansion, or outdoor recreation.

The home’s assessed value of $480k is strong relative to both the city and street, suggesting it is well-regarded. It suits buyers seeking a modern build without major renovation concerns, who prioritize land size over interior square footage. It would particularly appeal to downsizers looking for a single-level layout with room for hobbies or gardening, or to young families valuing a new home in a developing area with ample yard space for children. The attached garage and full (though unrenovated) basement add practical utility.

Frequently Asked Questions

1. Is the smaller living area a concern?
While the home’s footprint is efficient, the living area is below average for both the street and Fraipont. This suits those seeking easier maintenance, but buyers needing ample indoor space for a large family or dedicated home offices should consider this factor carefully.

2. What does the high assessed value relative to the street indicate?
The home’s assessed value ranks 12th highest out of 50 on Maligne Way. This typically reflects its new construction, desirable lot size, and current market valuation, which may contribute to a stronger resale position compared to older or smaller-lot homes on the street.

3. How does the lot size compare meaningfully?
The lot is nearly double the street average. This is a significant asset, offering privacy, space for additions like a deck or shed, and a feeling of openness uncommon in newer subdivisions where lots are often smaller.

4. What is the neighbourhood like?
Fraipont appears to be a newer, developing community with many homes built around 2020. The provided comparable listings suggest a consistent style and age of property, indicating a modern, uniform streetscape.

5. Where can I find exact historical sale prices?
The listing service notes that exact sold price history is available upon direct request via email, as the public data shows ranges. They commit to providing the accurate figure manually, typically by the end of the same day.