79.6
Good
Property score
79.6
Good
Overall 79.6
Smaller but newer than most nearby homes
1,389 sqft (bottom 13%)
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
17% 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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79.6 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
122 Twintree Way — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 326 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 3% | Bottom 40% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 122 Twintree Way, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, two-storey home built in 2022, offering a move-in-ready opportunity in the Fraipont neighbourhood. Its key appeal lies in its balance of being a contemporary property without a premium price tag. At 1,389 sqft, the living space is modest for the immediate area but is very close to the city-wide average, suggesting an efficient, modern layout. The assessed value of $430k positions it as an average investment on its street and city-wide, but notably below average for the broader Fraipont area, which could indicate value within this specific community.
The home suits first-time buyers or small families looking for a newer build with minimal immediate upkeep, thanks to its age. The detached garage adds flexibility. A thoughtful perspective is that while the lot size is smaller than most in Fraipont and Winnipeg overall, this translates to less exterior maintenance—a plus for busy professionals or those seeking a lock-and-leave lifestyle. Its "around average" metrics in several categories suggest a property that is competitively priced and unlikely to be overvalued relative to its fundamentals, appealing to pragmatic buyers.
Section 2: Frequently Asked Questions
1. Is this a good value for the Fraipont neighbourhood?
Based on assessed value, this home ranks in the top 82% for Fraipont, meaning its value is below the neighbourhood average. This could represent a relative value opportunity for a newer home in the area.
2. How does the living space compare to other homes?
The living area is below average for both Twintree Way and Fraipont. However, it is very close to the Winnipeg city-wide average, indicating the home’s size is typical for the broader market but situated in an area of generally larger homes.
3. What is the history of sold prices for this home?
Public records indicate the home sold in July 2022 for between $425,000 and $455,000. For the precise sale price, you can request the exact history via email from the listing source.
4. How does the lot size impact this property?
The land area is smaller than most properties in both Fraipont and across Winnipeg. This means a smaller yard to maintain but may also limit extensive outdoor additions or landscaping projects.
5. What are the implications of the home being built in 2022?
A 2022 build is newer than 99% of homes city-wide. This typically means modern building codes, newer major systems (like HVAC and plumbing), and potentially lower maintenance costs in the short to medium term, though it may come with a developer-grade finish level common in recent constructions.
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