14 Twintree Way

Fraipont, Winnipeg

Property score

82.4

Excellent

Overall 82.4 · Newer than most nearby homes

1,585 sqft (bottom 49%) · Built in 2022 (2 yrs newer than avg)

Located in a high-income area with median household income of ~120k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Near average

5% 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)

Sold Count

764

Median price

515k

$/sqft

$359/sqft

Avg build year

2020

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Property score

82.4 is composed by the two sections below.

Property Score

77.4Good
Living Area1,585 sqft79Good
Year Built2022100Excellent
Lot Size3,124 sqft38Low
Neighbourhood Sales Activity86Excellent

Community Score

90.0Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress63Fair
Core Housing Need100Excellent
Employment Health100Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111207

Community deep dive

$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

Population, labour & age

Population (2021)1,509
Labour force participation rate88%
Median age31.2
Avg household size3.1
Unemployment rate2%
Population density1658 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households9%
Couple families with children49%
Median household income (2020)$120K

Housing

Renter households9%
Condominium dwellings2%
Median dwelling value (owners)$468K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority63%
Bachelor's or higher (25–64)59%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Punjabi · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,585 sqft
0255075100
Same streetTop 47%Same areaBottom 49%CitywideTop 26%
Same street · Twintree Way
#28 / 59
Top 47% · Avg 1,567 sqft
Same area · Fraipont
#576 / 1,128
Bottom 49% · Avg 1,668 sqft
Citywide · Winnipeg
#50,799 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

around average
436k
0255075100
Same streetBottom 36%Same areaBottom 21%CitywideTop 31%
Same street · Twintree Way
#38 / 59
Bottom 36% · Avg 462.3k
Same area · Fraipont
#893 / 1,128
Bottom 21% · Avg 501.8k
Citywide · Winnipeg
#60,018 / 194,458
Top 31% · Avg 390.1k

Year Built

Elite
2022
0255075100
Same streetBottom 37%Same areaTop 23%CitywideTop 1%

Lot Size

around average
3,124 sqft
0255075100
Same streetBottom 49%Same areaBottom 9%CitywideBottom 14%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

14 Twintree Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 286 m).

Search radius
🌳Parks2

Crime & Safety

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%

Sales History

Sold 11/2022CA$450k–500k
Sold price

Same street

Bottom 49%

Same area

Top 41%

City-wide

Top 18%

Related homes

Highlights & common questions: 14 Twintree Way, Winnipeg

Property Overview: 14 Twintree Way, Fraipont

Key Characteristics & Appeal

This is a modern, two-storey home built in 2022, offering a move-in-ready opportunity with the benefits of a newer build, such as contemporary layouts and current building codes. With 1,585 sqft of living space, it provides comfortable room for a small family or professionals, ranking around average for size within its immediate neighborhood but above average compared to the wider city. Its assessed value is notably below the local area average, which may present a value proposition for a buyer comparing within Fraipont.

The appeal lies in its balance of new construction and practical sizing. It suits first-time homebuyers or downsizers seeking a modern, low-maintenance property without the premium often attached to brand-new homes. The lot is smaller than many in the area, which translates to less yard upkeep—a plus for those prioritizing indoor living space over extensive gardening. A key, less obvious perspective is its city-wide standing: while it's a fairly typical home on its street, it ranks in the top 1% city-wide for year built, highlighting that newer construction like this is still relatively rare in the broader market.

Frequently Asked Questions

1. What are the typical maintenance concerns for a 2022 build?
While major systems like roofing, windows, and HVAC are likely under warranty or in excellent condition, a pre-purchase inspection should still focus on builder-grade finish quality, grading/drainage in the first few years, and ensuring all minor builder deficiencies were addressed.

2. How does the below-average assessed value in Fraipont affect property taxes?
A below-average assessment for the neighborhood generally results in proportionally lower property taxes compared to similar-sized, higher-assessed homes nearby. This can be a financial advantage, but it's wise to verify the current tax amount.

3. Is the lack of a garage a significant drawback?
This depends on lifestyle and vehicle needs. The home has no garage, so buyers reliant on covered parking or needing significant storage space should factor in the cost of adding a shed or carport. For one-vehicle households or those who primarily use street parking, it may be less of an issue.

4. The home sold in late 2022. Why might it be back on the market so soon?
Short ownership periods can occur for many neutral reasons, such as job relocation, change in family circumstances, or an investor exiting the market. A review of the full listing details and a buyer's inspection is the best way to assess the property's condition.

5. How does the living area compare to nearby similar homes?
The living area is very close to the street average (1,585 sqft vs. 1,567 sqft). The provided comparable listings, like 10 Twintree Way at 1,608 sqft, confirm it is standard for this specific new subdivision, offering consistent room layouts.

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