Property score
85.0
Excellent
Overall 85.0 · Newer than most nearby homes
1,716 sqft (top 34%) · 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
3% larger 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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85.0 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
2 Twintree Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 293 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 | Top 41% | Top 37% | Top 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 2 Twintree Way, Fraipont, Winnipeg
This two-storey home, built in 2022, offers a modern living experience in the Fraipont neighbourhood. With 1,716 sqft of living space, it sits above the city-wide average for size, providing ample room in a relatively new build. The property features a detached garage and an unfinished basement, presenting a blank canvas for future development. Its assessed value is positioned above average citywide, suggesting a solid investment in a newer home.
Key Characteristics & Appeal
The primary appeal of this home lies in its balance of modern construction and space. Built just four years ago, buyers can expect contemporary building standards, energy efficiency, and minimal immediate maintenance, a significant advantage over Winnipeg's older average housing stock. The living area is notably spacious compared to many city homes, offering comfort for a growing family or those who value room to spread out.
Its appeal is nuanced: while the lot size is more compact compared to many in Fraipont and across the city, this often translates to less yard upkeep—a perk for busy professionals or those seeking a lock-and-leave lifestyle. The unfinished basement is a key feature, not a drawback; it represents potential and allows the next owner to customize additional living space, a home gym, or storage to their exact needs and budget.
This property would best suit first-time buyers or young families looking for a move-in-ready, modern home without the premium of a brand-new build. It’s also a practical choice for value-conscious buyers who see the unfinished basement as a strategic opportunity to increase equity through a future renovation tailored to their tastes.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
While the assessed value ($47.10k) is a municipal benchmark for property taxes, market conditions ultimately determine sale price. Recent nearby sales provide a more direct comparison, but a professional appraisal or comparative market analysis is recommended for accuracy.
2. What are the pros and cons of an unfinished basement?
The advantage is the potential to create exactly the space you want without needing to undo someone else's work. The downside is the upfront cost and effort required to finish it. It's a trade-off between immediate convenience and long-term customization.
3. How does the lot size impact living here?
The 3,239 sqft lot is smaller than many in the area. This means less private outdoor space for gardening or play, but also significantly reduced yard maintenance. It aligns well with a low-maintenance lifestyle.
4. As a 2022 build, are major repairs expected soon?
A home of this age is typically within all major warranty periods (e.g., Tarion-style builder warranty) and should not require significant repairs like a roof or furnace replacement for many years, offering predictable housing costs.
5. What does the "above average" city-wide ranking for living area really mean?
It means this home offers more interior square footage than approximately 80% of homes across Winnipeg. For the price point, you are getting more usable indoor space than is typical in the broader market, which is a strong value proposition.
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