84.6
Excellent
Property score
84.6
Excellent
Overall 84.6
Newer than most nearby homes
1,618 sqft (top 46%)
Built in 2024 (4 yrs newer than avg)
Located in a high-income area
with median household income of ~120k
Transit 62.0
5-min walk to transit with 1 nearby route
Within 500m: 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Above average
4 yrs newer than neighborhood avg.
Mother tongue
English · 55%Punjabi · 5%
Past 10 years Fraipont sales snapshot (~80% of all data)
764
515k
$359/sqft
2020
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84.6 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111207
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
113 Twintree Way — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 367 m).
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%
Local garbage, recycling, and yard waste pickup schedule for 113 Twintree Way.
Garbage
tuesday
Recycling
tuesday
Yard Waste
tuesday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 24% | Top 29% | Top 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 113 Twintree Way, Fraipont
Key Characteristics & Appeal
This two-storey home, built in 2024, is a modern offering in Winnipeg's Fraipont neighbourhood. Its primary appeal lies in its new construction, offering buyers a move-in-ready property with contemporary building standards and minimal immediate maintenance. With 1,618 sqft of living space and a renovated basement, it provides practical, modern family living.
The home stands out in its immediate context. On Twintree Way, it ranks in the top 10% for assessed value and is the newest home on the street (top 2%), suggesting it is a premium property within its own micro-market. The attached garage and above-average lot size for the street (3,746 sqft) add to its functional appeal. While the lot size is smaller than the city-wide average—a common trade-off in newer subdivisions—it is efficiently utilized.
This property would best suit buyers prioritizing modernity and low upkeep, such as young families, professionals, or downsizers seeking a newer home without the wait of a build. Its strong assessed value ranking indicates a solid investment in a desirable pocket of Fraipont, appealing to those who value both current livability and future resale potential.
Frequently Asked Questions
1. How does the lot size compare to older neighbourhoods?
While the lot is above average for Twintree Way, it is below the Winnipeg city-wide average. This is typical for newer subdivisions, where home and layout efficiency is often prioritized over vast outdoor space.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, layout, and whether it includes a legal suite or additional bedrooms should be verified through a viewing or direct inquiry with the listing agent.
3. The home sold recently in 2024. Why is it back on the market?
The quick resale is notable. Potential buyers should inquire about the seller's motivation, which could range from a job relocation to a simple change of plans, and ensure a thorough inspection is completed.
4. How do the property taxes likely compare?
With an assessed value significantly above the local street average ($52.30k vs. $46.20k), the property taxes will likely be correspondingly higher than many neighbouring, potentially older, homes.
5. What are the implications of it being the newest home on the block?
This is a double-edged advantage. It means less worry about aging components like roofs or furnaces. However, as the benchmark property, its future market value may be more sensitive to the upkeep and development choices of older homes around it.
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