Property score
81.0
Excellent
Overall 81.0 · Smaller but newer than most nearby homes
1,493 sqft (bottom 30%) · Built in 2023 (3 yrs newer than avg)
Located in a high-income area with median household income of ~120k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby
Living Area
Below average
11% smaller than neighborhood avg.
Year Built
Above average
3 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
22 Twintree Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 283 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 43% | Top 43% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 22 Twintree Way, Fraipont, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, two-storey home built in 2023, offering a move-in-ready opportunity with a renovated basement. Its key appeal lies in its balance of new construction benefits and established neighbourhood context. With 1,493 sqft of living space, it sits comfortably around the average for its immediate street and the broader Fraipont area, suggesting it fits well within the local market without being oversized or undersized.
The home’s assessed value ranks notably high citywide, indicating strong perceived value relative to the overall Winnipeg market. As a newer build, it likely offers contemporary layouts, modern efficiencies, and minimal immediate maintenance, which is a significant advantage compared to the city's much older average home age. The detached garage adds practical convenience.
This property would suit first-time buyers or young families seeking a modern home without the wait and uncertainties of a new build. It’s also a practical fit for downsizers looking for a manageable, low-maintenance property with modern amenities. A thoughtful perspective is that while the lot size is smaller than many in Fraipont and citywide, this translates to less exterior upkeep, aligning perfectly with a desire for a newer home that prioritizes interior living space over yard maintenance.
Section 2: Frequently Asked Questions
1. Is this a brand-new home?
No, but it is very recent. It was built in 2023, so it's essentially a like-new property with the added benefit of being in a slightly more established setting than a current construction site.
2. How does the property compare in size to its neighbours?
The living space is very typical for Twintree Way and the Fraipont area, so it won't feel disproportionately large or small. The land parcel, however, is more compact than many lots in the neighbourhood.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish. This would be a key detail to clarify with the seller or agent to understand if it's a finished living space, a recreational room, or has secondary suites.
4. The assessed value seems high citywide but average locally. What does that mean?
This suggests the home holds strong value compared to Winnipeg's overall housing stock, which includes many older properties. Within Fraipont, it's priced competitively among similar, mostly newer homes, indicating the assessment aligns with the local market conditions.
5. Are there any recent sales history details for this exact address?
Yes, the home sold in March 2023. For the exact sale price, you can request that information directly via the provided email service on the listing page.
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