Property Overview: 10 Twintree Way, Fraipont, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, two-storey home built in 2022, offering a move-in-ready condition with the benefit of a newer build’s efficiencies and contemporary layout. Its key appeal lies in its balance of space, modernity, and location within the established Fraipont neighbourhood. With 1,608 sqft of living space on a 3,124 sqft lot, it provides practical family-sized accommodation without excessive maintenance. The home has a basement (unrenovated, offering potential) but no garage or pool.
The property suits first-time buyers or young families looking for a modern home in a quiet residential area, who prioritize a newer construction to avoid immediate major repairs. Its assessed value ranks highly within the wider Winnipeg context, suggesting it is viewed as a solid asset. A thoughtful perspective is that while the lot size is average for the street, the home’s newer age is a standout feature in the broader neighbourhood, where many homes are older. This positions it as a low-maintenance option in a mature community.
Section 2: Frequently Asked Questions
1. What are the immediate costs or projects for a new owner?
The home is newer, so major systems should be in good order. The primary project space is the unrenovated basement, which offers flexibility for future finishing. There is no garage, so budgeting for alternative parking or storage solutions may be a consideration.
2. How does this property compare to others on the street and in Fraipont?
It ranks in the top half of Twintree Way for lot size and is newer than about 63% of homes on the street. Within the wider Fraipont neighbourhood, its newer build date (2022) is a significant advantage, placing it in the top quarter for age, which is less common in mature areas.
3. Is the assessed value in line with recent sales?
The current assessed value is very close to the home’s late-2022 sale price, showing stability. Compared to nearby reference properties in Fraipont with similar living space and age, its assessed value sits comfortably in the middle range, neither the highest nor the lowest.
4. What is the neighbourhood like for families?
Fraipont is an established neighbourhood. The property’s rankings suggest it offers a balance: a newer home on a standard-sized lot within a community of varied home ages. This often translates to stable streetscapes with established greenery and amenities.
5. What might be a less obvious advantage of this property?
Its strong ranking for assessed value within Winnipeg (top 27%) indicates it is considered well above average city-wide for its valuation bracket. This can be a positive signal for long-term value retention, especially combined with the desirable feature of a recent build year in an older neighbourhood.