Property Overview: 14 Mara Place, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fraipont is a modern, low-maintenance property built in 2022. Its primary appeal lies in being a nearly new build, offering contemporary systems and finishes without the immediate need for major updates. The home features a renovated basement and an attached garage, with a comfortable living space of approximately 2,000 square feet.

The property's strength is its above-average positioning within the broader Fraipont area and citywide context, particularly for living space and modern age. It sits on a standard-sized lot for the immediate street and neighbourhood, making it a practical choice rather than a sprawling estate. A thoughtful perspective is that this home offers a balance: you benefit from newer construction while the assessed value remains around the average for Mara Place itself, suggesting it may not carry a significant "premium" compared to its direct neighbours.

This home would suit buyers looking for a move-in ready, modern family home in a developing area. It’s ideal for those who prioritize contemporary builds and efficient use of interior space over a large, private yard. It may also appeal to value-conscious purchasers who note that its citywide rankings for size and age are strong, potentially offering good fundamentals for long-term value within Winnipeg’s broader market.

Section 2: Frequently Asked Questions

Q1: How does this home’s size compare to others nearby?
A: At just under 2,000 sqft, the living area is slightly above the average for the wider Fraipont area and is notably larger than the average Winnipeg home. On its own street, Mara Place, it is very close to the average size.

Q2: The assessed value seems low. Is that accurate?
A: The assessed value figures shown (e.g., 56.80k) appear to be truncated or formatted incorrectly in the data. The context shows the home’s value ranking is above average for the area. The sold price history from 2022 (58.50k ~ 61.50k) suggests a similar data presentation issue. For an accurate current value or exact historical sold price, consulting the listing agent or a property valuation expert is necessary.

Q3: What does the "renovated basement" entail?
A: The listing confirms the basement is renovated but does not specify the details. This should be verified with the seller or listing agent to understand the finish quality, layout, and whether it includes legal secondary suite potential.

Q4: Is the lot size a drawback?
A: The land area is standard for Mara Place and Fraipont but is below the citywide average. This means the yard is typical for this newer neighbourhood, which often features smaller, more manageable lots. It’s a drawback only if a large outdoor space is a primary requirement.

Q5: How does the year built affect this property?
A: Built in 2022, the home is among the newest in Winnipeg (top 1% citywide). This typically means modern building codes, energy efficiency, and minimal near-term repair costs for major components like the roof, HVAC, and appliances, which is a significant advantage.