5 Twintree Way

Fraipont, Winnipeg

84.6

Excellent

Overall 84.6

Newer than most nearby homes

1,692 sqft (top 36%)

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% 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)

Sold Count

764

Median price

515k

$/sqft

$359/sqft

Avg build year

2020

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Property score

84.6 is composed by the two sections below.

Property Score

81.0Excellent
Living Area1,692 sqft83Excellent
Year Built2022100Excellent
Lot Size3,665 sqft46Low
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
1,692 sqft
0255075100
Same streetTop 19%Same areaTop 36%CitywideTop 21%
Same street · Twintree Way
#11 / 59
Top 19% · Avg 1,567 sqft
Same area · Fraipont
#411 / 1,128
Top 36% · Avg 1,668 sqft
Citywide · Winnipeg
#41,383 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
482k
0255075100
Same streetTop 32%Same areaBottom 49%CitywideTop 23%
Same street · Twintree Way
#19 / 59
Top 32% · Avg 462.3k
Same area · Fraipont
#572 / 1,128
Bottom 49% · Avg 501.8k
Citywide · Winnipeg
#44,347 / 194,458
Top 23% · Avg 390.1k

Year Built

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

Lot Size

around average
3,665 sqft
0255075100
Same streetTop 46%Same areaBottom 33%CitywideBottom 21%

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

5 Twintree Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 340 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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 5 Twintree Way.

🗑️

Garbage

tuesday

♻️

Recycling

tuesday

🍂

Yard Waste

tuesday b

Sales History

Sold 7/2022CA$500k–550k
Sold price

Same street

Top 30%

Same area

Top 32%

City-wide

Top 14%

Related homes

Highlights & common questions: 5 Twintree Way, Winnipeg

Property Overview: 5 Twintree Way, Winnipeg

Key Characteristics & Appeal

This is a modern, two-storey home built in 2022, offering a move-in-ready opportunity in the Fraipont neighbourhood. Its key appeal lies in its balance of above-average space and contemporary construction. With 1,692 sqft of living area, the home provides more room than most comparable properties on its street and across Winnipeg, positioning it well for a growing family or those who value spaciousness. The attached garage and full (though unrenovated) basement add practical utility.

The home suits buyers looking for a newer build without the premium often attached to the very latest constructions. Its assessed value is solidly mid-range for the immediate area, suggesting a fair market position. A thoughtful perspective is that while the lot size is modest city-wide, it is typical for newer subdivisions and translates to less exterior maintenance. The property’s strongest metric is its age; compared to Winnipeg’s overall housing stock, a 2022 build is in the top 1%, meaning major components like roofing, HVAC, and windows are under warranty and unlikely to need immediate replacement. This makes it ideal for buyers seeking modern efficiency and minimal near-term upkeep.

Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 1,692 sqft, the living area is above average for Twintree Way and the city overall. It offers more interior space than many of its direct neighbours, which average around 1,567 sqft on the same street.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value is one data point. Notably, the home last sold in July 2022 for an amount close to its current assessment. Market conditions, recent upgrades, and buyer demand will ultimately determine the sale price, but the assessment suggests a stable value history.

3. What does the “basement not renovated” mean?
It indicates the basement is finished but in its original builder-grade condition from 2022. It’s functional living space but presents an opportunity for future personalization without the need for a full, costly excavation and construction project.

4. How does the lot size impact the property?
The 3,665 sqft lot is very typical for newer Fraipont homes. While below the city-wide average (where many older neighbourhoods have larger lots), it provides a manageable yard and aligns with the low-maintenance lifestyle that often attracts buyers to modern subdivisions.

5. Where can I find the exact historical sale prices?
The provided sold price is a range based on public data. For precise sale figures, you can request the exact history via email from the listing source, which they provide as a manual, no-spam service.

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