Property Overview: 38 Maligne Way, Winnipeg
Key Characteristics & Appeal
This 2020-built, two-storey home in Fraipont offers modern living with practical updates. Its key characteristics include 1,416 sqft of living space, a renovated basement, and a detached garage. The home sits on a 3,970 sqft lot.
The appeal lies in its balance of being a relatively new build—which means modern construction standards and less immediate maintenance—within a well-established neighbourhood. The renovated basement adds flexible living or recreational space. While the lot size is smaller than the city average, it is above average for its immediate street, suggesting a low-maintenance yard that suits today's lifestyles.
This property would suit first-time buyers or young families seeking a move-in ready, modern home without the premium of a brand-new subdivision. It also appeals to value-conscious buyers who want newer infrastructure but prefer the mature community feel of Fraipont over the outer edges of the city.
Frequently Asked Questions
1. How does this home compare to others in the area?
The data shows this home is consistently around or above average for its immediate street and neighbourhood in terms of living area, assessed value, and year built. Its lot size is notably larger than most on Maligne Way.
2. What are the likely advantages of a 2020 build?
A home from 2020 benefits from contemporary building codes, energy efficiency standards, and modern wiring for technology. It should also have several years remaining on original warranties for major components.
3. The assessed value seems low. Is that accurate?
The assessed value figures shown (e.g., $47.70k) are not market values; they are a relative metric used for ranking. The city-wide comparison bar shows this home’s assessed value ranks in the top 24% compared to all Winnipeg homes, indicating it is considered above average.
4. What is the significance of the renovated basement?
A renovated basement immediately adds usable square footage, whether for a family room, home office, or guest space. It saves the buyer the cost, time, and hassle of a major renovation project.
5. Can I get the exact historical sold prices?
Yes, but not automatically displayed. The exact sold price history is available by request via email from the listing service. They provide this data manually and state they do not use email addresses for unsolicited marketing.