Property score
83.9
Excellent
Overall 83.9 · Newer than most nearby homes
1,619 sqft (top 45%) · Built in 2023 (3 yrs newer than avg)
Located in a high-income area with median household income of ~120k
Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Above average
3 yrs newer than neighborhood avg.
Mother tongue
English · 55%Punjabi · 5%
Past 10 years Fraipont sales snapshot (~80% of all data)
764
515k
$359/sqft
2020
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83.9 is composed by the two sections below.
Property Score
Community Score
Fraipont
How to read: Share of sales in each ~$50k price band for “fraipont” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111207
$120K
Median household income
$132K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
9%
Single-person households
49%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
103 Mara Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 208 m).
Fraipont · WPS public data · 2026
Annual incidents
1
2026
vs. city avg
-97%
relative to avg
Year-over-year
▼ -98%
vs. prior year
Primary type
Property
100%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 28% | Top 27% | Top 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 103 Mara Place, Fraipont
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2023, is a modern property in the Fraipont neighbourhood. Its key characteristics include 1,619 sqft of living space, an attached garage, and a renovated basement. The home’s primary appeal lies in its new construction, offering move-in readiness with modern building standards and minimal immediate maintenance. It presents a compelling value proposition within its immediate area, as its assessed value sits below the average for Mara Place itself.
The property would suit first-time buyers or downsizers seeking a modern, low-maintenance home without the premium often attached to brand-new builds. It’s also a practical choice for those who value a renovated basement for extra living space but don’t require a large yard, as the lot size is more compact compared to many city-wide averages. A thoughtful perspective is that this home offers the benefits of a new build in an established area, potentially providing more mature landscaping and a settled streetscape compared to a raw, new subdivision.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The data shows a nuanced picture. While its assessed value is below the average for homes on Mara Place, it is very close to the average for the wider Fraipont area. This suggests it may be positioned as a relative value within its own street.
2. What does the "renovated basement" likely include?
As the home was built in 2023, the term "renovated basement" most likely indicates that the lower level was finished by the builder or a previous owner to create legal, livable space at the time of construction or shortly after, not a later renovation of an old cellar.
3. Is the lot size a concern?
The land area is smaller than most comparables on the street, in Fraipont, and city-wide. This means lower outdoor maintenance but less private yard space. Buyers should consider if a compact, manageable lot is a convenience or a limitation for their lifestyle.
4. Why is the city-wide assessed value comparison so different?
The "above average" city-wide ranking is somewhat misleading without context. It reflects that the assessed value is higher than that of many older, smaller homes across the entire city. The more relevant comparisons are the local (street and neighbourhood) rankings, which provide a clearer sense of its market position.
5. How can I get the exact historical sale price?
The listed sale price is a public data range. The exact, precise sale figure is available by request via email from the listing service. They state they provide this manually and do not use email addresses for unsolicited marketing.
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