Property Overview: 82 Maligne Way, Fraipont
Key Characteristics & Buyer Appeal
This two-storey home, built in 2020, offers modern living with a renovated basement and a detached garage. Its primary appeal lies in its balance of being a relatively new build within a well-established context. At 1,389 sqft, the living space is comfortably sized, ranking around average for both its immediate street and the wider city, suggesting it fits a common standard for functionality without being excessive.
A thoughtful perspective is its value positioning. While its assessed value is typical for the Fraipont neighbourhood, it ranks "above average" citywide. This indicates you may receive more modern amenities and a newer structure here than in many other parts of the city for a comparable official valuation. The lot size is compact (3,247 sqft), which translates to less yard maintenance—a potential plus for busy professionals or those seeking a lock-and-leave lifestyle—but a consideration for those wanting extensive outdoor space.
This property would suit first-time buyers or small families looking for a move-in-ready, low-maintenance home from the current decade. It’s also a sensible option for value-focused buyers who prioritize a newer building envelope and modern systems over a larger lot size.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home sold in January 2024 for an estimated $47.5k-$50.5k. This sale price ranked in the top 31% on its street and top 17% citywide for similar transactions, indicating a strong market performance at that time.
2. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand if it’s a finished living space, a recreational room, or has a separate entrance.
3. Is the compact lot size a disadvantage?
It depends on your lifestyle. The lot is smaller than most in Fraipont and the city. This means less private outdoor space and potentially closer proximity to neighbours, but it also requires less time and money for yard upkeep.
4. How does the age of this home compare to others?
Built in 2020, it is newer than 97% of homes across the city, placing it in the elite top 3%. On its street and in Fraipont, it is about average for the area, which suggests it’s in a pocket of newer development.
5. Are there similar homes nearby for comparison?
Yes. For direct comparison, 26 Maligne Way (built 2020, 1,379 sqft) has a nearly identical profile. Other nearby homes on Crestmont Drive offer similar modern builds with slightly more living space and marginally lower assessed values, providing useful context for viewing and negotiation.