84.6
Excellent
Property score
84.6
Excellent
Overall 84.6
Newer than most nearby homes
1,601 sqft (top 49%)
Built in 2022 (2 yrs newer than avg)
Located in a high-income area
with median household income of ~120k
Transit 52.0
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
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)
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
117 Twintree Way — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 372 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 117 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 11% | Top 17% | Top 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 117 Twintree Way, Winnipeg
Key Characteristics & Appeal
This 2022-built, two-storey home in the Fraipont neighbourhood offers modern living with minimal upkeep. Its key appeal lies in its balance of being a newer construction within a well-established context. With 1,601 sqft of living space and an attached garage, it provides comfortable, contemporary family living. The lot size of 3,749 sqft is notably above average for its immediate street, offering more usable outdoor space than many neighbouring properties.
The home’s value is framed by its context: while its size and assessed value are very typical for Fraipont and Twintree Way, it stands out city-wide for its newness (ranking in the top 1% for year built across Winnipeg) and above-average living area. This positions it as a practical, move-in-ready home without the premium often attached to brand-new builds in developing subdivisions. It would suit first-time buyers or young families looking for modern amenities in a settled area, as well as value-conscious buyers who want a newer home but wish to avoid the potential issues and landscaping costs of a just-completed property. A thoughtful perspective is that this home offers the benefits of new construction—like modern building codes and efficiency—while the neighbourhood itself has had a few years to mature.
Frequently Asked Questions
1. How does this home’s value compare to its recent sale price?
The home sold in July 2023 for an estimated $55.5k-$58.5k. Its current assessed value is $47.10k. It’s important to consult with a real estate professional to understand current market conditions and the relationship between assessed value, past sale prices, and present listing prices.
2. What does the “basement not renovated” note mean?
This indicates the basement is unfinished. This presents a blank canvas for future expansion or storage, but any finishing would be an additional project and investment for the buyer.
3. Is the lot size a significant advantage?
Yes, particularly on this street. The land area ranks in the top 25% compared to direct neighbours, meaning you likely get more yard space than most homes on Twintree Way, which is a distinct advantage for outdoor use or future additions.
4. How does the age of this home compare to the rest of Winnipeg?
It is exceptionally new for Winnipeg. City-wide data shows it ranks in the top 1%, meaning it is significantly newer than the vast majority of homes in the city, which have a median year built of 1966.
5. What is the neighbourhood character of Fraipont?
Based on the data, Fraipont appears to be a newer, developing neighbourhood. The average year built of comparable homes here is 2020, suggesting a community largely composed of modern homes built in the last decade.
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