Property Overview: 109 Twintree Way, Winnipeg
Key Characteristics & Appeal
This two-storey home in Fraipont is a modern property, built just two years ago in 2024. With 1,619 sqft of living space and an attached garage, it offers a practical layout for contemporary living. Its primary appeal lies in its newness, which typically translates to modern building standards, energy efficiency, and minimal immediate maintenance. The home holds an assessed value of $48,500.
The data reveals a nuanced position in the market. Within its immediate area on Twintree Way and the broader Fraipont neighbourhood, the home ranks above average for living space, assessed value, and is elite for its newness. This suggests it's a standout, modern property in a community of relatively newer homes. From a city-wide perspective, the lot size is more compact than the Winnipeg average, which is a common trade-off for newer suburban developments. This property would suit first-time buyers or young families seeking a move-in-ready home without the concerns of older infrastructure. It also appeals to value-conscious buyers looking for a modern home that holds above-average rankings in its direct locale, offering a balance of space and new construction in a developing area.
Frequently Asked Questions
1. Is this a brand-new build?
No, the home was built in 2024, so it is nearly new but not a current build. It will have had one previous owner, potentially offering some established landscaping and minor wear without the need for major updates.
2. How does the lot size compare to older neighbourhoods?
The land area is 3,742 sqft, which is below the city-wide average. This is typical for newer subdivisions where homes are built closer together. It means less yard maintenance but may offer less private outdoor space than properties in older, established areas.
3. What does the "above average" ranking for the assessed value mean locally?
On Twintree Way, the home's assessed value ranks in the top 25%, meaning it is valued higher than most direct neighbours. This can indicate a desirable location on the street, a premium model, or better finishes. It's important to verify this perceived value against recent sale prices of similar homes.
4. Is the basement finished?
The listing specifies the basement exists but is "not renovated." This means it is likely an unfinished space, offering significant storage or future living area potential for a buyer, but requiring investment to develop.
5. How current is the sold price information shown?
The last recorded sale was in May 2024. The price shown is an estimated range from public data. For the exact sale price and a clear history, you must request the information directly from the provided service, as this data is manually verified and not fully disclosed online.