Property Overview: 47 Maligne Way, Winnipeg
Key Characteristics & Appeal
This two-storey home in the Fraipont neighbourhood is a modern property, built in 2020. Its primary appeal lies in its balance of space, age, and value within a newer community. With 1,654 sqft of living space, it offers more room than most homes on its street and in the city overall, placing it in the top quarter for size. The attached garage and full basement (unrenovated) add practical utility.
The home’s standout characteristic is its contemporary build year, which places it among the top 3% of homes citywide for newness. This suggests modern building standards, minimal immediate repair needs, and likely contemporary layouts and finishes. While the lot size is typical for Fraipont, it is smaller than the Winnipeg average, indicating a lower-maintenance yard suited for busy professionals or small families rather than extensive gardening.
This property would suit first-time buyers or young families looking for a move-in-ready home in a developing area without the risks or upkeep of an older property. It also appeals to value-conscious buyers seeking a home that ranks above average in key metrics like living area and year built for its assessed value range.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks above average for both living area and year built on Maligne Way, meaning it is larger and newer than most of its immediate neighbours. Its assessed value is very close to the street average.
2. What does the "Elite" citywide ranking for Year Built mean?
Built in 2020, this home is newer than approximately 97% of all homes in Winnipeg. This is a significant advantage, typically translating to modern insulation, wiring, plumbing, and appliances, with many major components under warranty.
3. Is the basement finished?
No, the basement is noted as "not renovated." This presents both a cost for future finishing and an opportunity to customize the additional space to suit a buyer's specific needs.
4. How stable has the property's value been?
Based on available data, it last sold in late 2020. The current assessed value is consistent with similar, recently built homes in the broader Fraipont area, suggesting stable market performance.
5. What are the trade-offs of the smaller lot size?
The land area is typical for Fraipont but below the city average. This means less outdoor maintenance and yard work, which is a benefit for some, but may not suit those looking for extensive private outdoor space, large gardens, or significant distance between houses.