84.6
Excellent
Property score
84.6
Excellent
Overall 84.6
Newer than most nearby homes
1,618 sqft (top 46%)
Built in 2023 (3 yrs newer than avg)
Located in a high-income area
with median household income of ~120k
Transit 62.0
2-min walk to transit with 1 nearby route
Within 500m: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
3% 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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84.6 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
29 Twintree Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 332 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%
Local garbage, recycling, and yard waste pickup schedule for 29 Twintree Way.
Garbage
tuesday
Recycling
tuesday
Yard Waste
tuesday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 32% | Top 45% | Top 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
29 Twintree Way is a modern two-storey home in Winnipeg's Fraipont neighbourhood, built in 2023. It offers 1,618 sqft of living space with an attached garage and an unfinished basement. The property sits on a 3,685 sqft lot.
Key Characteristics & Buyer Appeal
This home’s primary appeal is its modern condition and strong positioning within its immediate area. As a near-new build, it offers contemporary construction standards and minimal immediate maintenance, a notable advantage citywide where the average home is decades older. Its living space and assessed value rank above average both on its street and across Winnipeg, suggesting good value retention for a newer property. The lot size is typical for Fraipont but smaller than the city average, indicating a lower-maintenance yard suited for busy professionals or small families rather than gardening enthusiasts.
It would best suit buyers seeking a move-in ready, modern home who prioritize interior space and modern amenities over a large yard. It’s ideal for those wanting to avoid the surprises and update costs of an older home. The unfinished basement presents a clear opportunity for future customization, adding value for a buyer with specific plans for the additional space.
Frequently Asked Questions
1. Is the basement developed?
No, the basement is unfinished. This provides a blank canvas for the new owner to develop according to their needs, whether for extra living space, a home gym, or storage.
2. How does this home compare to others on the street?
The home ranks well on Twintree Way. It is above average for assessed value and year built, and around average for living and land area, indicating it is a solidly positioned property within this specific community.
3. What is the typical lot size in this area?
The lot size of 3,685 sqft is around average for both Twintree Way and the broader Fraipont neighbourhood. It is, however, below the Winnipeg city average, which is common for newer subdivisions.
4. Are there any recent sales data for comparison?
The property last sold in June 2023. The provided "Worth viewing" comparisons (like 333 Crestmont Drive) are nearby, similar-aged homes with comparable living area and assessed values, offering a good benchmark for the current market.
5. What are the potential downsides of a newer home like this?
While offering modern efficiency, newer homes in such subdivisions often have smaller lots and less mature landscaping. The character of the neighbourhood is still establishing itself compared to older, tree-lined areas. The unfinished basement also requires an additional investment to fully utilize the home's total potential square footage.
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