81.0
Excellent
Property score
81.0
Excellent
Overall 81.0
Smaller but newer than most nearby homes
1,470 sqft (bottom 23%)
Built in 2022 (2 yrs newer than avg)
Located in a high-income area
with median household income of ~120k
Transit 62.0
4-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
Below average
12% 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)
764
515k
$359/sqft
2020
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81.0 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
114 Twintree Way — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 318 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 38% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 114 Twintree Way, Fraipont
Key Characteristics & Appeal
This is a modern, two-storey home built in 2022, offering a move-in-ready opportunity in a newer development. With 1,470 sqft of living space, it sits comfortably around the average size for both its immediate street and the wider city, providing a practical layout for everyday living. A key characteristic is its efficient, modern construction, which typically means lower immediate maintenance costs and contemporary building standards.
The appeal lies in its balance and positioning. While the home’s assessed value is below average for its neighbourhood and street, it benefits from being a recent build in a city where the average home is decades older. This creates a value proposition: you acquire a like-new property without the premium often attached to brand-new construction. The lot size is compact, especially compared to city-wide averages, which translates to less yard upkeep—a plus for busy professionals or those seeking a low-maintenance lifestyle.
This property would suit first-time buyers or small families looking for a modern home in a developing community. It’s also a sensible fit for pragmatic buyers who prioritize the condition and efficiency of the home itself over having a large yard or paying for a top-tier location within the Fraipont area.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is present but unrenovated. This offers future expansion potential or flexible storage space.
2. What are the typical maintenance costs for a home of this age?
As a 2022 build, major components like the roof, HVAC, and appliances are very new and likely under warranty, suggesting lower near-term repair costs compared to an older home.
3. How does the compact lot size affect daily living?
The 3,124 sqft lot requires less time and expense for landscaping and yard work. It may limit extensive outdoor entertaining space but simplifies upkeep.
4. Why is the assessed value below neighbourhood averages?
This can be influenced by the specific location within Fraipont, the compact lot, and the home’s size. It’s important to note that assessed value is for tax purposes and may differ from current market value.
5. Are there any recent sales for similar homes on this street?
Yes, the home itself sold in August 2022. Nearby comparable properties on Crestmont Drive (similar size, age, and value) can provide useful context for current market conditions.
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