Property score
93.3
Excellent
Overall 93.3 · Larger and newer than most nearby homes
2,377 sqft (top 2%) · 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
42% 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
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93.3 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
50 Mara Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 79 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 24% | Top 3% | Top 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
50 Mara Place is a modern, two-storey home in Winnipeg's Fraipont neighbourhood, built in 2023. It stands out for its generous proportions, featuring 2,377 sqft of living space and a 7,580 sqft lot, both of which rank well above average for the area. The home includes an attached garage and a basement that is present but not renovated. Its appeal lies in the combination of a like-new build with substantial room to grow, set on a larger-than-typical lot in a newer community. This property would best suit buyers looking for a turn-key, spacious family home who also value the potential to customize unfinished spaces, such as the basement, to their own taste over time. It offers a balance of immediate modern comfort and future project potential.
Key Details & FAQs
Key Characteristics & Appeal
This home’s primary strengths are its space, modernity, and land. The living area places it in the top tier of homes locally and citywide, meaning you get significantly more interior room than most. The lot size is also a standout, offering ample outdoor space that is becoming rarer in newer subdivisions. As a 2023 build, it promises contemporary construction standards, energy efficiency, and minimal immediate maintenance. The appeal is grounded in not having to compromise: it provides the "new home" feel without the typical postage-stamp lot. It’s ideally suited for growing families or those who work from home and need dedicated space, as well as buyers who appreciate having a blank canvas in the basement for a future rec room, home gym, or suite.
Frequently Asked Questions
1. What is the significance of the "Elite" and "Above Average" rankings?
These rankings compare the home against similar properties on its street, in Fraipont, and across Winnipeg. For example, its living area is in the "Elite" top 4% citywide, meaning it's larger than 96% of comparable homes. This quantifies the home's standout features in the market.
2. The assessed value is noted as $69.10k. Is that the market price?
No. In Manitoba, the assessed value is for municipal tax purposes and is typically much lower than the market value. The market price is better indicated by the sold price history, which shows a range of $69.50k ~ $72.50k from its last sale in June 2023.
3. What does "basement yes, not renovated" imply?
It confirms the home has a full basement, but it is unfinished. This is a key point of potential, allowing a new owner to design and finish the space according to their needs and budget, without needing to undo previous work.
4. How does the land area compare to an average city lot?
The lot is 7,580 sqft, which is above average for Fraipont (top 5%) and also larger than the citywide average lot for comparable homes. This suggests more privacy, yard space, and landscaping possibilities than many newer properties.
5. Are there any recent comparable sales nearby for reference?
The page lists several nearby properties in Fraipont with similar year-built (2019-2021) for reference. For exact, verified sold prices of this specific home, the site offers a manual email service to ensure accuracy beyond the publicly displayed range.
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