Property Overview: 122 Twintree Way, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, two-storey home built in 2022, offering a move-in-ready opportunity in the Fraipont neighbourhood. Its key appeal lies in its balance of being a contemporary property without a premium price tag. At 1,389 sqft, the living space is modest for the immediate area but is very close to the city-wide average, suggesting an efficient, modern layout. The assessed value of $430k positions it as an average investment on its street and city-wide, but notably below average for the broader Fraipont area, which could indicate value within this specific community.
The home suits first-time buyers or small families looking for a newer build with minimal immediate upkeep, thanks to its age. The detached garage adds flexibility. A thoughtful perspective is that while the lot size is smaller than most in Fraipont and Winnipeg overall, this translates to less exterior maintenance—a plus for busy professionals or those seeking a lock-and-leave lifestyle. Its "around average" metrics in several categories suggest a property that is competitively priced and unlikely to be overvalued relative to its fundamentals, appealing to pragmatic buyers.
Section 2: Frequently Asked Questions
1. Is this a good value for the Fraipont neighbourhood?
Based on assessed value, this home ranks in the top 82% for Fraipont, meaning its value is below the neighbourhood average. This could represent a relative value opportunity for a newer home in the area.
2. How does the living space compare to other homes?
The living area is below average for both Twintree Way and Fraipont. However, it is very close to the Winnipeg city-wide average, indicating the home’s size is typical for the broader market but situated in an area of generally larger homes.
3. What is the history of sold prices for this home?
Public records indicate the home sold in July 2022 for between $425,000 and $455,000. For the precise sale price, you can request the exact history via email from the listing source.
4. How does the lot size impact this property?
The land area is smaller than most properties in both Fraipont and across Winnipeg. This means a smaller yard to maintain but may also limit extensive outdoor additions or landscaping projects.
5. What are the implications of the home being built in 2022?
A 2022 build is newer than 99% of homes city-wide. This typically means modern building codes, newer major systems (like HVAC and plumbing), and potentially lower maintenance costs in the short to medium term, though it may come with a developer-grade finish level common in recent constructions.