10 Twintree Way

Fraipont, Winnipeg

Property score

83.9

Excellent

Overall 83.9 · Newer than most nearby homes

1,608 sqft (top 47%) · Built in 2022 (2 yrs newer than avg)

Located in a high-income area with median household income of ~120k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Near average

4% 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

83.9 is composed by the two sections below.

Property Score

79.8Good
Living Area83
1,608 sqftExcellent
Year Built100
2022Excellent
Lot Size38
3,124 sqftLow
Neighbourhood Sales Activity86
Excellent

Community Score

90.0Excellent
Household Income91
Excellent
Education Level91
Excellent
Housing Stress63
Fair
Core Housing Need100
Excellent
Employment Health100
Excellent

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
1,608 sqft
0255075100
Same streetTop 37%Same areaTop 47%CitywideTop 25%
Same street · Twintree Way
#22 / 59
Top 37% · Avg 1,567 sqft
Same area · Fraipont
#533 / 1,128
Top 47% · Avg 1,668 sqft
Citywide · Winnipeg
#48,548 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
439k
0255075100
Same streetBottom 37%Same areaBottom 23%CitywideTop 30%
Same street · Twintree Way
#37 / 59
Bottom 37% · Avg 462.3k
Same area · Fraipont
#871 / 1,128
Bottom 23% · Avg 501.8k
Citywide · Winnipeg
#58,910 / 194,458
Top 30% · Avg 390.1k

Year Built

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

Lot Size

around average
3,124 sqft
0255075100
Same streetBottom 49%Same areaBottom 9%CitywideBottom 14%

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

10 Twintree Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 288 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%

Sales History

Sold 12/2022CA$450k–500k
Sold price

Same street

Bottom 14%

Same area

Bottom 46%

City-wide

Top 22%

Related homes

Highlights & common questions: 10 Twintree Way, Winnipeg

Property Overview: 10 Twintree Way, Fraipont, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, two-storey home built in 2022, offering a move-in-ready condition with the benefit of a newer build’s efficiencies and contemporary layout. Its key appeal lies in its balance of space, modernity, and location within the established Fraipont neighbourhood. With 1,608 sqft of living space on a 3,124 sqft lot, it provides practical family-sized accommodation without excessive maintenance. The home has a basement (unrenovated, offering potential) but no garage or pool.

The property suits first-time buyers or young families looking for a modern home in a quiet residential area, who prioritize a newer construction to avoid immediate major repairs. Its assessed value ranks highly within the wider Winnipeg context, suggesting it is viewed as a solid asset. A thoughtful perspective is that while the lot size is average for the street, the home’s newer age is a standout feature in the broader neighbourhood, where many homes are older. This positions it as a low-maintenance option in a mature community.

Section 2: Frequently Asked Questions

1. What are the immediate costs or projects for a new owner?
The home is newer, so major systems should be in good order. The primary project space is the unrenovated basement, which offers flexibility for future finishing. There is no garage, so budgeting for alternative parking or storage solutions may be a consideration.

2. How does this property compare to others on the street and in Fraipont?
It ranks in the top half of Twintree Way for lot size and is newer than about 63% of homes on the street. Within the wider Fraipont neighbourhood, its newer build date (2022) is a significant advantage, placing it in the top quarter for age, which is less common in mature areas.

3. Is the assessed value in line with recent sales?
The current assessed value is very close to the home’s late-2022 sale price, showing stability. Compared to nearby reference properties in Fraipont with similar living space and age, its assessed value sits comfortably in the middle range, neither the highest nor the lowest.

4. What is the neighbourhood like for families?
Fraipont is an established neighbourhood. The property’s rankings suggest it offers a balance: a newer home on a standard-sized lot within a community of varied home ages. This often translates to stable streetscapes with established greenery and amenities.

5. What might be a less obvious advantage of this property?
Its strong ranking for assessed value within Winnipeg (top 27%) indicates it is considered well above average city-wide for its valuation bracket. This can be a positive signal for long-term value retention, especially combined with the desirable feature of a recent build year in an older neighbourhood.