1 Twintree Way

Fraipont, Winnipeg

84.6

Excellent

Overall 84.6

Newer than most nearby homes

1,646 sqft (top 42%)

Built in 2022 (2 yrs newer than avg)

Located in a high-income area

with median household income of ~120k

Transit 70.0

2-min walk to transit with 1 nearby route

Within 500m: 2 parks nearby

Living Area

Near average

1% smaller than neighborhood avg.

Year Built

Above average

2 yrs newer than neighborhood avg.

Mother tongue

English · 55%Punjabi · 5%

Past 10 years Fraipont sales snapshot (~80% of all data)

Sold Count

764

Median price

515k

$/sqft

$359/sqft

Avg build year

2020

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Property score

84.6 is composed by the two sections below.

Property Score

81.0Excellent
Living Area1,646 sqft83Excellent
Year Built2022100Excellent
Lot Size3,794 sqft46Low
Neighbourhood Sales Activity86Excellent

Community Score

90.0Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress63Fair
Core Housing Need100Excellent
Employment Health100Excellent

Neighbourhood Sales

Fraipont

How to read: Share of sales in each ~$50k price band for “fraipont” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111207

Community deep dive

$120K

Median household income

$132K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

9%

Single-person households

49%

Families with children

Population, labour & age

Population (2021)1,509
Labour force participation rate88%
Median age31.2
Avg household size3.1
Unemployment rate2%
Population density1658 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households9%
Couple families with children49%
Median household income (2020)$120K

Housing

Renter households9%
Condominium dwellings2%
Median dwelling value (owners)$468K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority63%
Bachelor's or higher (25–64)59%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Punjabi · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,646 sqft
0255075100
Same streetTop 24%Same areaTop 42%CitywideTop 23%
Same street · Twintree Way
#14 / 59
Top 24% · Avg 1,567 sqft
Same area · Fraipont
#478 / 1,128
Top 42% · Avg 1,668 sqft
Citywide · Winnipeg
#45,031 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
463k
0255075100
Same streetBottom 49%Same areaBottom 35%CitywideTop 26%
Same street · Twintree Way
#30 / 59
Bottom 49% · Avg 462.3k
Same area · Fraipont
#735 / 1,128
Bottom 35% · Avg 501.8k
Citywide · Winnipeg
#50,767 / 194,458
Top 26% · Avg 390.1k

Year Built

Elite
2022
0255075100
Same streetBottom 37%Same areaTop 23%CitywideTop 1%

Lot Size

above average
3,794 sqft
0255075100
Same streetTop 24%Same areaBottom 44%CitywideBottom 23%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

1 Twintree Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 343 m).

Search radius
🌳Parks2

Crime & Safety

Fraipont · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-98%

vs. prior year

Primary type

Property

100%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 1 Twintree Way.

🗑️

Garbage

tuesday

♻️

Recycling

tuesday

🍂

Yard Waste

tuesday b

Sales History

Sold 11/2022CA$500k–550k
Sold price

Same street

Top 19%

Same area

Top 26%

City-wide

Top 12%

Related homes

Highlights & common questions: 1 Twintree Way, Winnipeg

Property Overview: 1 Twintree Way, Fraipont, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 2022, offers modern living in the Fraipont neighbourhood. Its key appeal lies in being a nearly new property that combines above-average space with manageable upkeep. With 1,646 sqft of living area, it provides more room than most homes on its street and across Winnipeg, while its assessed value is positioned solidly in the middle range for the area, suggesting a fair market entry point. The lot size of 3,794 sqft is generous for the immediate street, offering good outdoor space for a newer subdivision home.

The property suits first-time buyers or young families seeking a move-in-ready home without the concerns of aging systems or immediate renovations. Its attached garage and unrenovated basement present a clean slate for future personalization. A thoughtful perspective is that this home offers a balance: it’s new enough to avoid major near-term expenses, yet it’s not the absolute newest on the block, which may be reflected in its pricing. It appeals to those who want modern amenities but also value a bit of established neighbourhood character, as the street is no longer just a construction site.

Frequently Asked Questions

1. How does this home’s value compare to the area?
The assessed value of $46.30k is around average for Twintree Way and the broader Fraipont area. City-wide, however, this value ranks above average, indicating you get more home for your dollar here compared to many other Winnipeg neighbourhoods.

2. Is the lot size typical?
The land area is above average for the street, meaning you likely have more yard space than many of your direct neighbours. Compared to the entire city, the lot is smaller than the urban average, which is common for newer subdivisions.

3. What does the sold price history indicate?
Public records show it last sold in November 2022 for an estimated range of $51.50k to $54.50k. For the most precise historical sold price, you can request the exact figure via email from the listing source.

4. What is the neighbourhood like for a home built in 2022?
Fraipont features a mix of home ages. This property is newer than most in the neighbourhood, ranking in the top 23% by year built locally. This suggests you’re in a modern part of the community, but not necessarily the very first resident.

5. What are the expansion possibilities?
The home has a full, unrenovated basement. This presents a significant opportunity to add finished living space, storage, or a recreational area to suit your needs in the future.

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