Property Overview: 1 Twintree Way, Fraipont, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 2022, offers modern living in the Fraipont neighbourhood. Its key appeal lies in being a nearly new property that combines above-average space with manageable upkeep. With 1,646 sqft of living area, it provides more room than most homes on its street and across Winnipeg, while its assessed value is positioned solidly in the middle range for the area, suggesting a fair market entry point. The lot size of 3,794 sqft is generous for the immediate street, offering good outdoor space for a newer subdivision home.
The property suits first-time buyers or young families seeking a move-in-ready home without the concerns of aging systems or immediate renovations. Its attached garage and unrenovated basement present a clean slate for future personalization. A thoughtful perspective is that this home offers a balance: it’s new enough to avoid major near-term expenses, yet it’s not the absolute newest on the block, which may be reflected in its pricing. It appeals to those who want modern amenities but also value a bit of established neighbourhood character, as the street is no longer just a construction site.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The assessed value of $46.30k is around average for Twintree Way and the broader Fraipont area. City-wide, however, this value ranks above average, indicating you get more home for your dollar here compared to many other Winnipeg neighbourhoods.
2. Is the lot size typical?
The land area is above average for the street, meaning you likely have more yard space than many of your direct neighbours. Compared to the entire city, the lot is smaller than the urban average, which is common for newer subdivisions.
3. What does the sold price history indicate?
Public records show it last sold in November 2022 for an estimated range of $51.50k to $54.50k. For the most precise historical sold price, you can request the exact figure via email from the listing source.
4. What is the neighbourhood like for a home built in 2022?
Fraipont features a mix of home ages. This property is newer than most in the neighbourhood, ranking in the top 23% by year built locally. This suggests you’re in a modern part of the community, but not necessarily the very first resident.
5. What are the expansion possibilities?
The home has a full, unrenovated basement. This presents a significant opportunity to add finished living space, storage, or a recreational area to suit your needs in the future.