46 Mara Place

Fraipont, Winnipeg

Property score

93.5

Excellent

Overall 93.5 · Larger and newer than most nearby homes

2,310 sqft (top 3%) · Built in 2023 (3 yrs newer than avg)

Located in a high-income area with median household income of ~120k

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Above average

38% 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)

Sold Count

764

Median price

515k

$/sqft

$359/sqft

Avg build year

2020

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Property score

93.5 is composed by the two sections below.

Property Score

95.8Excellent
Living Area96
2,310 sqftExcellent
Year Built100
2023Excellent
Lot Size93
8,543 sqftExcellent
Neighbourhood Sales Activity86
Excellent

Community Score

90.0Excellent
Household Income91
Excellent
Education Level91
Excellent
Housing Stress63
Fair
Core Housing Need100
Excellent
Employment Health100
Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111207

Community deep dive

$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

Population, labour & age

Population (2021)1,509
Labour force participation rate88%
Median age31.2
Avg household size3.1
Unemployment rate2%
Population density1658 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households9%
Couple families with children49%
Median household income (2020)$120K

Housing

Renter households9%
Condominium dwellings2%
Median dwelling value (owners)$468K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority63%
Bachelor's or higher (25–64)59%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Punjabi · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,310 sqft
0255075100
Same streetTop 14%Same areaTop 3%CitywideTop 5%
Same street · Mara Place
#6 / 43
Top 14% · Avg 1,949 sqft
Same area · Fraipont
#33 / 1,128
Top 3% · Avg 1,668 sqft
Citywide · Winnipeg
#9,326 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

Elite
761k
0255075100
Same streetTop 12%Same areaTop 3%CitywideTop 3%
Same street · Mara Place
#5 / 43
Top 12% · Avg 589.2k
Same area · Fraipont
#30 / 1,128
Top 3% · Avg 501.8k
Citywide · Winnipeg
#5,315 / 194,458
Top 3% · Avg 390.1k

Year Built

Elite
2023
0255075100
Same streetTop 9%Same areaTop 13%CitywideTop 1%

Lot Size

Elite
8,543 sqft
0255075100
Same streetTop 9%Same areaTop 4%CitywideTop 10%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

46 Mara Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 73 m).

Search radius
🌳Parks2

Crime & Safety

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%

Sales History

Sold 12/2023CA$700k–750k
Sold price

Same street

Top 16%

Same area

Top 3%

City-wide

Top 3%

Related homes

Highlights & common questions: 46 Mara Place, Winnipeg

Property Overview: 46 Mara Place, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fraipont is a modern, spacious property built in 2023. Its key appeal lies in its combination of new construction, above-average living space, and a generous lot. With 2,310 sqft of living area and an 8,543 sqft land area, it offers substantial room for a growing family or those who value space. The home features an attached garage and a renovated basement, adding functional living and storage areas.

The property’s standout feature is its strong performance in key metrics compared to its peers. It ranks in the top tier for size, value, and modernity not just in its immediate area, but across the wider Fraipont neighbourhood and city of Winnipeg. This suggests a well-appointed home in a desirable location. It would particularly suit buyers looking for a move-in-ready, contemporary home without the wait or uncertainties of new construction, and who appreciate a property that already demonstrates strong relative value within its market.

A less obvious perspective is the advantage of its 2023 build year. Beyond just being new, it means major components like roofing, HVAC, and appliances are under warranty and have years of low-maintenance living ahead—a significant long-term value. Furthermore, its large lot in a newer area provides a blank canvas for landscaping and outdoor living, a rarity compared to older, more established neighbourhoods where lots are often smaller.

Section 2: Frequently Asked Questions

1. What is the exact recent sold price?
The available public data shows a sold price range of $70.50k ~ $73.50k in December 2023. For the precise figure, you can request the exact sold price history via email from the listing source.

2. How does this home compare to others on the street and in Fraipont?
The data indicates this home consistently ranks above average or in the elite tier among comparable homes on Mara Place, in Fraipont, and citywide—particularly for its living area, assessed value, and modern build year.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This detail would be important to clarify with the seller or listing agent to understand the full scope of living space.

4. Is the property part of a new development?
Given its 2023 build year and the cluster of similar-aged nearby properties on Mara Place, it is likely part of a recent phase of development in the Fraipont area, offering a cohesive neighbourhood feel.

5. Why is the assessed value notably higher than some nearby reference properties?
The assessed value of $76.10k reflects its larger size, newer construction, and premium lot dimensions compared to other homes. The listed "For reference" properties are likely smaller, slightly older, or on smaller lots, as seen in their metrics.