Property Overview: 5 Twintree Way, Winnipeg
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 above-average space and contemporary construction. With 1,692 sqft of living area, the home provides more room than most comparable properties on its street and across Winnipeg, positioning it well for a growing family or those who value spaciousness. The attached garage and full (though unrenovated) basement add practical utility.
The home suits buyers looking for a newer build without the premium often attached to the very latest constructions. Its assessed value is solidly mid-range for the immediate area, suggesting a fair market position. A thoughtful perspective is that while the lot size is modest city-wide, it is typical for newer subdivisions and translates to less exterior maintenance. The property’s strongest metric is its age; compared to Winnipeg’s overall housing stock, a 2022 build is in the top 1%, meaning major components like roofing, HVAC, and windows are under warranty and unlikely to need immediate replacement. This makes it ideal for buyers seeking modern efficiency and minimal near-term upkeep.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,692 sqft, the living area is above average for Twintree Way and the city overall. It offers more interior space than many of its direct neighbours, which average around 1,567 sqft on the same street.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value is one data point. Notably, the home last sold in July 2022 for an amount close to its current assessment. Market conditions, recent upgrades, and buyer demand will ultimately determine the sale price, but the assessment suggests a stable value history.
3. What does the “basement not renovated” mean?
It indicates the basement is finished but in its original builder-grade condition from 2022. It’s functional living space but presents an opportunity for future personalization without the need for a full, costly excavation and construction project.
4. How does the lot size impact the property?
The 3,665 sqft lot is very typical for newer Fraipont homes. While below the city-wide average (where many older neighbourhoods have larger lots), it provides a manageable yard and aligns with the low-maintenance lifestyle that often attracts buyers to modern subdivisions.
5. Where can I find the exact historical sale prices?
The provided sold price is a range based on public data. For precise sale figures, you can request the exact history via email from the listing source, which they provide as a manual, no-spam service.