47 Mara Place

Fraipont, Winnipeg

Property score

85.7

Excellent

Overall 85.7 · Newer than most nearby homes

1,737 sqft (top 31%) · Built in 2022 (2 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

Near average

4% larger than neighborhood avg.

Taon ng Paggawa

Above average

2 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

85.7 is composed by the two sections below.

Property Score

82.8Excellent
Living Area1,737 sqft86Excellent
Taon ng Paggawa2022100Excellent
Lupa3,686 sqft46Low
Neighbourhood Sales Activity86Excellent

Community Score

90.0Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress63Fair
Core Housing Need100Excellent
Employment Health100Excellent

Istatistika ng benta ng komunidad

Fraipont

How to read: Share of sales in each ~$50k price band for “fraipont” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

lampas sa average
1,737 sqft
0255075100
Same streetBottom 26%Same areaTop 31%CitywideTop 19%
Same street · Mara Place
#32 / 43
Bottom 26% · Avg 1,949 sqft
Same area · Fraipont
#352 / 1,128
Top 31% · Avg 1,668 sqft
Citywide · Winnipeg
#37,892 / 194,458
Top 19% · Avg 1,342 sqft

Assessed Value

lampas sa average
492k
0255075100
Same streetBottom 14%Same areaTop 45%CitywideTop 21%
Same street · Mara Place
#37 / 43
Bottom 14% · Avg 589.2k
Same area · Fraipont
#502 / 1,128
Top 45% · Avg 501.8k
Citywide · Winnipeg
#40,982 / 194,458
Top 21% · Avg 390.1k

Taon ng Paggawa

Elite
2022
0255075100
Same streetBottom 37%Same areaTop 23%CitywideTop 1%

Lupa

karaniwan
3,686 sqft
0255075100
Same streetBottom 30%Same areaBottom 35%CitywideBottom 22%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

47 Mara Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 139 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%

Kasaysayan ng Benta

Naibenta 11/2022CA$500k–550k
Presyo ng benta

Parehong kalye

Bottom 16%

Parehong lugar

Top 33%

Buong lungsod

Top 15%

Related homes

Mga tampok at karaniwang tanong: 47 Mara Place, Winnipeg

Property Overview: 47 Mara Place, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2022, presents a modern, low-maintenance living option in the Fraipont neighbourhood. Its key characteristic is balance: it offers above-average citywide living space (1,737 sq ft) in a newer build, paired with a below-average citywide land area (3,686 sq ft). This combination suggests a property focused more on interior living than extensive outdoor space. It includes an attached garage and an unfinished basement, offering storage and future customization potential.

The appeal lies in its contemporary construction, which typically means modern building standards, energy efficiency, and minimal immediate repair needs. Its assessed value is notably above average for Winnipeg, but around the middle for the immediate area, indicating it sits in a established, desirable pocket of newer homes. This property would suit first-time buyers or downsizers seeking a turn-key, modern home without the upkeep of an older property, or investors attracted to a newer asset in a consistent neighbourhood. A thoughtful perspective is that while the lot is smaller compared to the city average, it aligns with newer subdivision norms and reduces yard maintenance—a potential benefit for busy professionals.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value is below the average for Mara Place itself but is very close to the average for the broader Fraipont area. This suggests it may be priced accessibly within its immediate, newer streetscape.

2. Is the basement usable?
The basement is noted as “not renovated,” meaning it is unfinished. It provides essential utility space and significant storage, but any living space would require a future development project.

3. What does the "above average citywide" living area mean for a family?
With 1,737 sq ft of living space, the home is larger than approximately 81% of homes across Winnipeg. For a family, this indicates ample room for modern living arrangements, though the specific room layout is not detailed here.

4. Why is the land area considered below average citywide?
The lot size of 3,686 sq ft is smaller than the Winnipeg average of 6,570 sq ft. This reflects its location in a newer community where lot sizes are often more compact compared to older neighbourhoods with larger, traditional plots.

5. Where can I find the exact historical sale price?
The listed sale price ranges are based on public data. The exact sale price is available by request via email from the source website, which provides the accurate figure manually without using your email for unsolicited marketing.

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