81.0
Excellent
Property score
81.0
Excellent
Overall 81.0
Smaller but newer than most nearby homes
1,493 sqft (bottom 30%)
Built in 2022 (2 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
Below average
11% 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
126 Twintree Way — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 331 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 11% | Bottom 46% | Top 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 126 Twintree Way, Fraipont
Key Characteristics & Appeal
This 2022-built, two-storey home offers modern living in a newer Winnipeg neighbourhood. With 1,493 sqft of living space, it sits comfortably around the average for its immediate street and area, suggesting a practical, mid-sized layout for a growing family or professional couple. Its primary appeal lies in its contemporary construction, which means fewer immediate maintenance concerns and modern building standards. The home features a basement (unrenovated, offering potential) but no garage or pool.
The property suits buyers seeking a turn-key home in a developing community without the premium often attached to brand-new builds. A thoughtful perspective is its assessed value, which is notably below the local area average. This could indicate a more accessible entry point into a newer neighbourhood, but savvy buyers will investigate the reasons behind this valuation. The lot size is compact compared to city-wide averages, which appeals to those wanting lower exterior maintenance, though it may limit extensive landscaping or expansion plans.
Frequently Asked Questions
1. Why is the assessed value below the neighbourhood average?
While the home is modern, its assessed value ranks below average for both Twintree Way and Fraipont. This could be due to factors like the unrenovated basement, lack of a garage, or specific lot placement. It’s a key point to discuss with a real estate agent to understand if it represents an opportunity.
2. What does the "unrenovated basement" entail?
The basement is finished as part of the original build but has not been upgraded. It provides flexible space but may require cosmetic updates or customization to suit your needs.
3. Is the lack of a garage a significant drawback in this area?
This depends on lifestyle. Many newer neighbourhoods are designed with fewer garages, often relying on driveway parking. It’s advisable to visit the street to see typical parking arrangements and consider Winnipeg winters.
4. How does the compact lot size affect outdoor living?
With a land area of 3,224 sqft, the yard is smaller than many older city lots. This is typical for newer subdivisions and reduces upkeep, but limits privacy and space for large decks, gardens, or play structures.
5. The home sold in 2022; is there known history about that sale?
The public data shows a sale price range. For exact historical sale prices and to understand the transaction context (which can influence current value), you can request the precise history directly via the provided email service.
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