79.6
Good
Property score
79.6
Good
Overall 79.6
Smaller but newer than most nearby homes
1,389 sqft (bottom 13%)
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
Below average
17% 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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79.6 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
86 Twintree Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 294 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 86 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 35% | 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: 86 Twintree Way, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fraipont is a modern property, built in 2023, offering a move-in-ready opportunity with minimal upkeep in its early years. Its key appeal lies in this contemporary foundation paired with a notably accessible price point for a newer build. With 1,389 sqft of living space, it is moderately sized—slightly below average for its immediate street and neighborhood, but very close to the average home size citywide. The lot is compact, which translates to less exterior maintenance.
The property’s assessed value is significantly below average for both the street and Fraipont, yet aligns more closely with the wider Winnipeg average. This creates an interesting dynamic: it’s a newer home in a newer area, but positioned at a value tier often associated with older properties. It would suit first-time buyers or practical downsizers seeking modern construction without a premium price, and who prioritize a low-maintenance interior over expansive yard space. A thoughtful perspective is that this home offers the benefits of modern building standards and efficiency in a manageable package, representing a strategic entry into a newer community.
Section 2: Frequently Asked Questions
1. Why is the assessed value lower than many neighbors on the same street?
While newer, this home has less living area and a smaller lot than many comparable houses on Twintree Way, which are key factors in municipal assessment. This directly contributes to its value positioning.
2. What does the sold price history indicate?
The home sold in March 2023 for between $455,000 and $485,000. This recent sale provides a concrete market benchmark from just over two years ago, which can be a useful reference point in understanding its current market position.
3. Is the basement finished?
No, the basement is present but not renovated. This offers future expansion potential but would require investment to become livable space.
4. How does the property rank for its year built?
Its 2023 build date is a standout feature. It ranks in the top 20% on its street, top 13% in Fraipont, and in the elite top 1% citywide, highlighting its rarity as a very recent construction in a city with many older homes.
5. What are the trade-offs for the value?
The value is achieved through a more efficient use of space. You gain a modern, low-maintenance home but with a smaller interior footprint and yard compared to some neighbors. It’s a balance of contemporary quality versus sheer size.
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