Property Overview: 62 Maligne Way, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2020, offers modern living with a renovated basement and a detached garage. Its key appeal lies in its balance of being a newer construction within a well-established context. While its 1,389 sqft living space and 3,252 sqft lot are modest compared to some area averages, the home is efficiently designed and requires minimal immediate upkeep. The property’s assessed value positions it as a strong value citywide, suggesting a solid foundation for equity.
This home would suit first-time buyers or downsizers seeking a modern, low-maintenance property without the premium of a brand-new subdivision. It’s also a practical fit for investors or buyers who prioritize a newer roof, furnace, and major systems over sheer square footage. The renovated basement adds flexible living space, making it adaptable for a home office, guest suite, or family room.
A less obvious perspective is its relative modernity within the city. Being newer than approximately 97% of Winnipeg homes, it offers significant advantages in energy efficiency and reduced near-term repair costs. Its lot size, while smaller, translates to less yard work—a perk for those seeking a manageable outdoor space.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to the neighbourhood?
At 1,389 sqft, the living area is slightly below the current average for newer homes in the Fraipont area but is very close to the citywide average. It represents a comfortable, efficient use of space typical of newer builds.
2. What does the assessed value tell me?
The assessed value of $45.1k (note: this is a municipal assessment value, not a market price) is above average for Winnipeg. This often correlates with a newer home in good condition and can be a positive indicator for municipal tax valuation relative to citywide comparables.
3. Are there any notable features from its 2020 build date?
Homes built in 2020 generally adhere to modern building codes for insulation, electrical, and safety. You can expect contemporary standards for energy efficiency and materials, which can lead to lower utility and maintenance costs compared to older stock.
4. What is the lot like, and what are the implications?
The 3,252 sqft lot is smaller than many in the city and the area. This means lower landscaping demands and potentially lower property taxes tied to land value, but it also offers less private outdoor space for gardening or expansion.
5. Where can I find exact historical sale prices?
The provided sale price ranges are based on public data. For precise sale history, you can request the exact figures via email from the listing source, which they provide as a manual, no-spam service.