Property score
89.2
Excellent
Overall 89.2 · Larger and newer than most nearby homes
2,031 sqft (top 11%) · Built in 2022 (2 yrs newer than avg)
Located in a high-income area with median household income of ~120k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby
Living Area
Above average
22% larger than neighborhood avg.
Year Built
Above average
2 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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89.2 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
2 Mara Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 194 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 40% | Top 11% | Top 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 2 Mara Place in Winnipeg's Fraipont neighbourhood is a modern, low-maintenance property built in 2022. Its key appeal lies in being a recently constructed home that offers move-in readiness without the concerns of aging infrastructure or immediate major renovations. With 2,031 sqft of living space, it sits comfortably above the average size for both the city and the immediate area, providing ample room for daily life. The home features an attached garage and a full, unrenovated basement offering potential for future customization.
The property is particularly well-suited for first-time buyers or young families seeking a newer build in a developing community, who prioritize modern amenities and energy efficiency over an established, mature landscape. It also appeals to buyers looking for a pragmatic choice: a home that is newer than most in the city (placing in the top 1% citywide for year built) and sized above average, yet with an assessed value that is modest relative to its condition and square footage within the Fraipont area. A thoughtful perspective is the balance it strikes; while the lot size is more compact citywide, this often translates to less exterior upkeep, aligning with the low-maintenance lifestyle the home itself promotes.
Frequently Asked Questions
1. Is this a good value for the neighbourhood?
The data suggests it is competitively positioned. The home's living area is in the top 11% for Fraipont, meaning it's notably larger than many area homes, while its assessed value ranks above the neighbourhood average (top 28%). This indicates you get more interior space per dollar assessed compared to many local peers.
2. What does the "unrenovated basement" mean?
The basement is finished as living space but has not been updated since the home was built in 2022. It presents a clean slate—it's fully functional and modern, but without any custom upgrades. This is a positive for buyers who want to personalize the space later or prefer the standard builder finish.
3. How does the lot size impact the property?
At 4,020 sqft, the lot is typical for newer subdivisions in Fraipont but is below the wider city average. This means smaller yard maintenance, which many appreciate, but less private outdoor space than you might find in older city neighbourhoods.
4. The home sold in late 2022. Why is that recent sale relevant?
The sale price from December 2022 (listed in the data) provides a crucial benchmark for the home's market value when it was essentially new. Tracking how the current asking price relates to that last sale price, alongside changes in assessed value, is a key step in evaluating its market trajectory.
5. Who would this property NOT be ideal for?
It may not suit buyers seeking a large, mature garden, extensive outdoor space, or the character of an older, established neighbourhood. The appeal here is modern convenience and efficient use of space rather than expansive land or classic architectural details.
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