86.8
Excellent
Property score
86.8
Excellent
Overall 86.8
Larger and newer than most nearby homes
1,879 sqft (top 19%)
Built in 2023 (3 yrs newer than avg)
Located in a high-income area
with median household income of ~120k
Transit 62.0
3-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
Above average
13% larger 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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86.8 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
73 Twintree Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 338 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 73 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 | Top 3% | Top 10% | Top 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 73 Twintree Way, Fraipont
Key Characteristics & Appeal
This two-storey home, built in 2023, is a modern property in a neighbourhood of newer builds. Its primary appeal lies in its above-average size and premium positioning within its immediate area. With 1,879 sqft of living space, it ranks in the top 5% on its own street and the top 14% city-wide, offering more room than most comparable homes. The attached garage and full (though unrenovated) basement add practical utility.
The home’s assessed value is notably high for its street and Fraipont area, suggesting it is considered a premium property within this newer community. This isn’t a fixer-upper; it’s a move-in-ready, modern home that has already established strong value metrics in a short time. The lot size is generous for the street but more typical for the suburb, indicating the value is driven more by the structure than the land.
This property would suit buyers looking for a modern, low-maintenance home in a developing area, who prioritize interior space and contemporary builds over an established, mature neighbourhood feel. It’s ideal for someone who values being in a newer community with similar, recently built homes and wants a property that already stands out in terms of size and assessed value within its peer group.
Frequently Asked Questions
1. Is the high assessed value a good sign?
Yes, it indicates the municipal assessment views this as a premium property compared to its neighbours. However, it’s important to compare this with recent sale prices in the area to understand the current market valuation.
2. What does "basement, not renovated" mean?
It simply indicates the basement is unfinished. This is typical for newer builds and can be an advantage, allowing the new owner to customize the space to their needs without having to undo previous renovations.
3. How does the lot size compare?
At just under 4,000 sqft, the lot is above average for Twintree Way but slightly below the average for the wider Fraipont area. This suggests a focus on the home's living space rather than extensive outdoor grounds.
4. The home sold in 2023. Why is it back on the market?
While the specific reason isn’t listed, the short ownership period is not uncommon for newer builds. Reasons can range from a change in the owner’s life circumstances to a strategic sale in a active market.
5. Are there any obvious drawbacks?
The data points to very few compromises for a buyer seeking a modern home. The less obvious consideration is that the property is in a newer community, which may mean evolving neighbourhood character and landscaping that hasn’t fully matured yet, compared to older, established areas.
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