Property score
93.3
Excellent
Overall 93.3 · Larger and newer than most nearby homes
2,297 sqft (top 4%) · 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)
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
54 Mara Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 83 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 12% | Top 2% | Top 2% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 32% | Top 4% | Top 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 54 Mara Place, Winnipeg
Key Characteristics & Appeal
This two-storey home in the Fraipont neighbourhood is a modern property, built in 2023, offering move-in-ready convenience with minimal upkeep in its immediate future. Its primary appeal lies in its generous proportions, both in the 2,297 sqft living area and the 7,622 sqft lot, which place it well above average for the local area and citywide. The home features an attached garage and a basement (not renovated), providing flexible space for storage or future development.
The data suggests a property that stands out in its peer group. It ranks in the top tiers for size, lot dimensions, and assessed value within Fraipont, indicating a premium offering for this specific community. This combination of new construction, significant indoor and outdoor space, and a strong valuation position makes it particularly suited to buyers looking for a established, spacious family home in a newer neighbourhood, without the need for immediate renovations. It would also appeal to those who value clear, above-average metrics for their investment compared to nearby properties.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the same street?
The home sold in May 2024 for a price that ranked in the top 12% for Mara Place, indicating it achieved a strong value relative to its direct neighbours.
2. What does the "not renovated" basement mean?
The basement is finished as part of the original 2023 build but has not been subsequently upgraded or altered. It offers clean, functional space that can be used as-is or customized later.
3. Is the assessed value aligned with the recent sale price?
The current assessed value is $67.70k. The home sold for between $76.50k and $79.50k in May 2024, which is a typical pattern where market sale prices can exceed the municipal assessment.
4. How does the lot size benefit a buyer?
At over 7,600 sqft, the lot is significantly larger than many in Fraipont (top 5% locally). This allows more privacy, greater landscaping potential, and room for outdoor amenities compared to newer, denser subdivisions.
5. The home is newer, but what about the rest of the neighbourhood?
While this home was built in 2023, the comparison data shows the average build year for Fraipont is around 2020, and citywide is 1966. This confirms you are purchasing in a predominantly modern, established neighbourhood of newer homes.
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