Property Overview: 75 Maligne Way, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in the Fraipont neighbourhood is a modern property, built in 2021. Its key appeal lies in its balance of being a newer build within a well-established context. With 1,496 sqft of living space and a renovated basement, it offers comfortable, contemporary living without being oversized. The attached garage adds practical convenience.
The home’s standout feature is its assessed value of $49.70k, which ranks well above average for its immediate street and city-wide, suggesting strong perceived value for its condition and location. While the lot size is more compact compared to the Winnipeg average, it is typical for its area and newer developments, requiring less maintenance. This property would suit first-time buyers or young families seeking a move-in-ready, low-maintenance home in a newer subdivision. It also appeals to value-conscious buyers who prioritize modern construction and systems over larger, older lots, and who appreciate a home that already has a finished basement.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value is used for calculating property taxes and is often lower than market value. This home’s assessment is in the top 12% on its street, indicating it is a higher-value home in its micro-area, which can be a positive signal, but the final sale price will be determined by current market conditions.
2. What does the "Elite" ranking for Year Built mean?
This means the home is newer than approximately 96-98% of comparable properties on its street and city-wide. In practical terms, you can expect modern building codes, newer major systems (like HVAC and plumbing), and likely fewer immediate repair needs compared to the average Winnipeg home.
3. Are there any comparable recent sales?
The listing notes a sale in September 2022 for between $57.50k and $60.50k. For a precise sale price and more recent comparisons, you can request the exact history via the provided email service. Nearby reference properties on Crestmont Drive and Maligne Way are similar in age, size, and value.
4. Is the lot size a drawback?
The land area of 3,848 sqft is below the city-wide average but is standard for newer neighbourhoods like Fraipont. It means less yard upkeep, which can be a benefit for those seeking a low-maintenance lifestyle, but may not suit those wanting extensive outdoor space.
5. What is the neighbourhood like?
Fraipont appears to be a newer development, as most reference homes were built post-2019. The presence of many similarly aged homes suggests a community with shared infrastructure ages and potentially similar demographics of residents who moved in around the same time.