Property Overview: 47 Twintree Way, Winnipeg
Key Characteristics & Appeal
This two-storey home in Fraipont is a modern property, built in 2022, offering a move-in-ready opportunity with minimal maintenance concerns typical of older houses. Its key appeal lies in its above-average space and value within its immediate context. With 1,695 sqft of living area, it provides more room than most homes on its street and across Winnipeg, while its assessed value positions it favorably against local averages. The attached garage and a full, unrenovated basement offer practical storage and future potential.
The home suits first-time buyers or young families seeking a newer build in a developing neighbourhood, who prioritize interior space over a large yard. A thoughtful perspective is that while the lot size is generous for the street, it is more compact city-wide, suggesting a low-maintenance exterior ideal for busy lifestyles. Its strong rankings in living area and value on Twintree Way indicate it is a standout property in its specific micro-market, potentially offering good resale appeal among similar homes in the area.
Frequently Asked Questions
1. What is the exact recent sale price?
The home sold in December 2022 for a price between $555,000 and $585,000. For the precise figure, you can request the exact sold price history via email from the listing source.
2. How does this home compare to others in the area?
The data shows it is above average for both living area and assessed value on its own street (Twintree Way) and city-wide. Within the broader Fraipont area, it is around average for these metrics, indicating it is a solidly positioned, competitive property in the neighbourhood.
3. What does "basement not renovated" mean?
This indicates the basement is unfinished. It presents a blank canvas for future development to add living space, but requires investment for amenities like proper flooring, walls, and ceilings.
4. Is the lot size a concern?
At 3,927 sqft, the lot is above average for the street but below the city-wide average. It provides adequate private outdoor space for a newer subdivision home, but may not suit those seeking extensive gardening or sprawling yard space.
5. What are the property taxes likely to be?
Property taxes are calculated based on the assessed value, which is $495,000. The exact tax amount would depend on the City of Winnipeg's annual mill rate applied to this assessment.