Property Overview
29 Twintree Way is a modern two-storey home in Winnipeg's Fraipont neighbourhood, built in 2023. It offers 1,618 sqft of living space with an attached garage and an unfinished basement. The property sits on a 3,685 sqft lot.
Key Characteristics & Buyer Appeal
This home’s primary appeal is its modern condition and strong positioning within its immediate area. As a near-new build, it offers contemporary construction standards and minimal immediate maintenance, a notable advantage citywide where the average home is decades older. Its living space and assessed value rank above average both on its street and across Winnipeg, suggesting good value retention for a newer property. The lot size is typical for Fraipont but smaller than the city average, indicating a lower-maintenance yard suited for busy professionals or small families rather than gardening enthusiasts.
It would best suit buyers seeking a move-in ready, modern home who prioritize interior space and modern amenities over a large yard. It’s ideal for those wanting to avoid the surprises and update costs of an older home. The unfinished basement presents a clear opportunity for future customization, adding value for a buyer with specific plans for the additional space.
Frequently Asked Questions
1. Is the basement developed?
No, the basement is unfinished. This provides a blank canvas for the new owner to develop according to their needs, whether for extra living space, a home gym, or storage.
2. How does this home compare to others on the street?
The home ranks well on Twintree Way. It is above average for assessed value and year built, and around average for living and land area, indicating it is a solidly positioned property within this specific community.
3. What is the typical lot size in this area?
The lot size of 3,685 sqft is around average for both Twintree Way and the broader Fraipont neighbourhood. It is, however, below the Winnipeg city average, which is common for newer subdivisions.
4. Are there any recent sales data for comparison?
The property last sold in June 2023. The provided "Worth viewing" comparisons (like 333 Crestmont Drive) are nearby, similar-aged homes with comparable living area and assessed values, offering a good benchmark for the current market.
5. What are the potential downsides of a newer home like this?
While offering modern efficiency, newer homes in such subdivisions often have smaller lots and less mature landscaping. The character of the neighbourhood is still establishing itself compared to older, tree-lined areas. The unfinished basement also requires an additional investment to fully utilize the home's total potential square footage.