Property score
94.9
Excellent
Overall 94.9 · Larger and newer than most nearby homes
2,675 sqft (top 1%) · Built in 2023 (3 yrs newer than avg)
Located in a high-income area with median household income of ~120k
Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby
Living Area
Above average
60% larger 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
94.9 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
38 Mara Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 78 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 | Top 4% | Top 1% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 38 Mara Place, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fraipont is a standout property defined by its generous scale and modern build. Its primary appeal lies in offering substantial space—both in its 2,675 sqft living area and on its expansive 16,286 sqft lot—within a contemporary 2023 construction. The home ranks in the top tier locally for living space, lot size, and assessed value, positioning it as a premium offering in the area.
The property suits buyers looking for a move-in ready, modern home with ample room for a growing family or for hosting. Its large, unrenovated basement presents a clear opportunity for customization, appealing to those who want to add value or tailor space to their specific needs. A thoughtful perspective is that this home offers the rarity of a new-build footprint on a lot size more typical of older neighbourhoods, providing modern efficiencies with the space for future outdoor amenities or landscaping projects. It’s an ideal fit for buyers who prioritize interior and exterior space over immediate luxury finishes, and who see potential in personalizing a solid, high-value asset.
Section 2: Frequently Asked Questions
1. What is the exact sold price history?
The public data shows a sale in June 2023 within a broad range. For the precise sale price, you can request the information via email from the listing source; they provide this detail manually.
2. How does the basement condition affect the property?
The basement is noted as "not renovated." This means it is a clean, functional space but finished to a basic standard. It should be viewed as a blank canvas, potentially adding significant value once finished to the new owner's taste.
3. Is the assessed value reflective of the current market price?
The assessed value of $86.90k is a municipal valuation for tax purposes and ranks in the top 1-2% for the area. It indicates a high-value property, but the market price is determined by current buyer demand and recent comparable sales.
4. What does the "Elite" or "Top %" ranking mean for each metric?
These rankings compare this home against similar properties on its street, in Fraipont, and citywide. For example, ranking in the "Top 1%" for lot size in Fraipont means 99% of comparable homes in the neighbourhood have a smaller land area. It's a quick way to see where the property excels.
5. What are the implications of such a large lot?
A 16,286 sqft lot (over a third of an acre) is a significant asset. It offers exceptional privacy, space for additions like a deck or garden, and future development potential subject to zoning. It also typically means higher property taxes but provides a level of space that is increasingly rare in newer subdivisions.
