6 Twintree Way

Fraipont, Winnipeg

Property score

81.0

Excellent

Overall 81.0 · Smaller but newer than most nearby homes

1,489 sqft (bottom 25%) · 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

Below average

11% 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

81.0 is composed by the two sections below.

Property Score

75.0Good
Living Area1,489 sqft75Good
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

around average
1,489 sqft
0255075100
Same streetBottom 34%Same areaBottom 25%CitywideTop 31%
Same street · Twintree Way
#39 / 59
Bottom 34% · Avg 1,567 sqft
Same area · Fraipont
#849 / 1,128
Bottom 25% · Avg 1,668 sqft
Citywide · Winnipeg
#60,681 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

around average
418k
0255075100
Same streetBottom 8%Same areaBottom 12%CitywideTop 34%
Same street · Twintree Way
#54 / 59
Bottom 8% · Avg 462.3k
Same area · Fraipont
#992 / 1,128
Bottom 12% · Avg 501.8k
Citywide · Winnipeg
#66,567 / 194,458
Top 34% · 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

6 Twintree Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 290 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$400k–450k
Sold price

Same street

Bottom 5%

Same area

Bottom 43%

City-wide

Top 24%

Related homes

Highlights & common questions: 6 Twintree Way, Winnipeg

Property Overview

6 Twintree Way is a modern two-storey home in Winnipeg's Fraipont neighbourhood, built in 2022. With 1,489 sqft of living space and a standard 3,124 sqft lot, it represents a relatively new, low-maintenance property. Its assessed value is notably below average for its immediate street and area, which may present an entry point into a newer community. The home features a basement but has not been renovated, and it does not include a garage or pool.

Key Characteristics & Appeal

This home’s primary appeal lies in its modernity and move-in readiness, requiring no major updates or renovations. It suits first-time buyers or downsizers seeking a newer build without the premium price often attached to brand-new properties. The below-average assessment for the area could be attractive to value-conscious buyers, though it’s worth investigating the reasons behind this. The property is part of a compact, contemporary streetscape, as indicated by the similar age and style of nearby homes. Buyers should note the absence of a garage, which is a trade-off for the newer construction, and the unrenovated basement offers a blank canvas for future expansion.

Frequently Asked Questions

1. Why is the assessed value below average for the street and area?
While the home is modern, its assessed value ranks in the bottom tier compared to immediate neighbours. This could be due to lot size, specific finishes, or the lack of a garage. It’s a key point for valuation discussions and potential property tax advantages.

2. What does “basement, not renovated” mean?
The basement is unfinished. It provides essential space for storage and utilities but would require investment to convert into livable space, offering both a project and future value-add potential.

3. How does the lack of a garage impact daily living?
This means relying on driveway parking. For a 2022 home, this is a significant omission and should be factored into convenience, winter readiness, and long-term resale value.

4. The home sold in late 2022. Is this a resale soon after purchase?
Yes, the property has one recorded sale in December 2022. Understanding the seller’s motivation for moving so soon after buying a new build could provide useful context.

5. How does the lot size compare?
At just over 3,000 sqft, the lot is smaller than the Fraipont average. This means lower outdoor maintenance but also limited private yard space, which is typical for newer subdivisions.

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