34 Twintree Way

Fraipont, Winnipeg

Property score

83.9

Excellent

Overall 83.9 · Newer than most nearby homes

1,660 sqft (top 41%) · Built in 2022 (2 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

Near average

1% 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

83.9 is composed by the two sections below.

Property Score

79.8Good
Living Area1,660 sqft83Excellent
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
1,660 sqft
0255075100
Same streetTop 22%Same areaTop 41%CitywideTop 23%
Same street · Twintree Way
#13 / 59
Top 22% · Avg 1,567 sqft
Same area · Fraipont
#459 / 1,128
Top 41% · Avg 1,668 sqft
Citywide · Winnipeg
#43,932 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
468k
0255075100
Same streetTop 46%Same areaBottom 39%CitywideTop 25%
Same street · Twintree Way
#27 / 59
Top 46% · Avg 462.3k
Same area · Fraipont
#690 / 1,128
Bottom 39% · Avg 501.8k
Citywide · Winnipeg
#49,066 / 194,458
Top 25% · 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

34 Twintree Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 280 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 12/2022CA$450k–500k
Sold price

Same street

Bottom 30%

Same area

Top 48%

City-wide

Top 20%

Related homes

Highlights & common questions: 34 Twintree Way, Winnipeg

Property Overview: 34 Twintree Way, Fraipont, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2022, offers modern living with minimal initial upkeep. Its key strength is space efficiency: at 1,660 sqft, the living area is genuinely above average for Winnipeg and compares very well within its immediate neighborhood. This makes it a practical choice for small families or professionals who want room to live without the burden of maintaining a larger, older property.

The appeal lies in its balance and modernity. It’s a relatively new build in a community of similar homes, suggesting neighborhood consistency and freedom from major immediate renovations. The detached garage adds flexibility. While the lot size is more compact compared to older city neighborhoods, this often translates to less yard maintenance—a plus for busy buyers. The home’s assessed value positions it solidly in the market, not as a luxury outlier but as a well-placed, contemporary property. It would suit first-time buyers moving up from a condo, or downsizers seeking a modern, single-family home without the complexities and upkeep of an aging structure.

A less obvious perspective is its "middle ground" positioning. It isn't the largest or newest on its street, but it holds its own comfortably across all metrics. This can indicate a stable value proposition without the premium price tag of the top-tier homes in the area, offering sensible value in a modern package.

Section 2: Frequently Asked Questions

1. Is the basement finished?
No, the basement is noted as "not renovated." This presents a blank canvas for future expansion or storage, but would require investment to develop into living space.

2. How does this home compare to others on the street?
The data shows it is above average in living area size on Twintree Way, and around average for assessed value and lot size. It’s a solid, representative home for the street, which is comprised largely of newer builds.

3. What are the property taxes likely to be?
While exact taxes depend on the municipal mill rate, they will be based on the current assessed value of $46,800. You can use this figure to estimate annual taxes.

4. The sold price history shows a range. What did it actually sell for in 2022?
The precise sale price is not publicly listed in this format. You can request the exact historical sold price by emailing the provided service; they commit to providing the accurate figure without using your email for spam.

5. The lot seems smaller than older neighborhoods. Is that typical here?
Yes. Compared to the city-wide average for older areas, lots in newer subdivisions like Fraipont are often more compact. This is a typical trade-off for a newer home, resulting in less exterior maintenance.

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