Property Overview: 70 Maligne Way, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2020, presents a modern, low-maintenance living option in the Fraipont neighbourhood. Its key appeal lies in its balance of being a relatively new build with an accessible value proposition. With 1,389 sqft of living space, it offers comfortable room for a small family or couple, while its assessed value sits below the average for both its immediate street and neighbourhood. This suggests a potential entry point into a newer community without the premium price of the largest homes in the area.
The home suits first-time buyers or downsizers seeking a modern property that requires little immediate work, as well as value-conscious buyers who prioritize a recent build year over maximum square footage. A thoughtful perspective is that while the lot size is compact compared to city-wide averages, this aligns with newer subdivisions and translates to less yard upkeep. Its "around average" size city-wide, combined with a "below average" assessment for its area, indicates it may offer efficient use of space without overpaying for excess land. The detached garage adds practical storage or workshop space.
Section 2: Frequently Asked Questions
1. Is this a good value compared to other homes on the street?
The data indicates its assessed value is in the lower tier (top 84%) on Maligne Way itself, meaning it is priced below the street's average. This could represent a relative value, especially since the home is newer than most on the street (top 18%).
2. What does the sold price history show?
Public records show it last sold in December 2020 for an estimated range of $325,000-$355,000. For the exact historical sold price, you can request the information directly via the provided email service.
3. How does the lot size impact the property?
The lot is compact, ranking in the lower 15% city-wide for land area. This means less outdoor maintenance but also limited space for expansions, large gardens, or extensive outdoor recreation. It's typical for newer neighbourhoods.
4. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is undeveloped. This offers future expansion potential but would require investment to become livable space.
5. How does this home compare to other similar properties in Fraipont?
The home is slightly smaller in living area than the neighbourhood average for similar homes. However, it is very close in assessed value to several other recent builds in Fraipont, as seen in the listed comparable properties (e.g., on Crestmont Drive), suggesting its pricing is competitive within this modern segment of the community.