Property Overview: 78 Maligne Way, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fraipont is a modern property, built in 2020, offering a move-in-ready opportunity with minimal initial upkeep. Its key characteristic is balance: with 1,470 sqft of living space, it sits comfortably around the average for its immediate street and the wider city, providing ample room without being excessive. The home features a detached garage and an unrenovated basement, presenting a blank canvas for future expansion or storage.
The appeal lies in its contemporary construction within a neighbourhood of similar-aged homes, suggesting modern building standards and efficient systems. Its assessed value is notably above average citywide, indicating strong municipal valuation relative to many older Winnipeg homes. A thoughtful perspective is the lot size, which is smaller than most in the area and city. This could be a plus for buyers seeking lower exterior maintenance, but a consideration for those wanting extensive yard space.
This property would suit first-time buyers or downsizers looking for a newer, low-maintenance home in a consistent, modern subdivision. It’s also a practical fit for buyers who value a move-in-ready condition and prefer to customize any basement finishing themselves down the line.
Section 2: Frequently Asked Questions
Q: How does the assessed value compare to recent sale prices in the area?
A: The home’s current assessed value is $44.70k. For reference, similar homes on the same street sold in the $36.5k-$39.5k range in late 2020. Market conditions and updates since then would influence the current listing price.
Q: What does the "unrenovated basement" mean?
A: The basement is included but has not been finished or upgraded. It provides essential utility space and the structural footprint for future living space, storage, or a recreation room, allowing the next owner to customize it to their taste and budget.
Q: Is the lot size a concern?
A: The lot is 3,247 sqft, which is smaller than many in Fraipont and Winnipeg overall. This means less yard maintenance, which many appreciate, but also less private outdoor space. It’s a feature that aligns with a low-maintenance lifestyle.
Q: How does this home rank compared to others in the city?
A: The data shows a mix. It ranks in the elite top 3% citywide for its new age (2020 build). Its living area is around the city average, while its lot size is smaller than average. This highlights its primary advantage: a much newer home on a more manageable plot.
Q: Are there many similar homes nearby?
A: Yes. The immediate area on Maligne Way and nearby streets like Crestmont Drive feature numerous homes built between 2019-2022, with very similar living areas and assessed values. This creates a uniform, modern neighbourhood character.