59 Mara Place

Fraipont, Winnipeg

Property score

84.6

Excellent

Overall 84.6 · Newer than most nearby homes

1,691 sqft (top 37%) · Built in 2022 (2 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

Near average

1% larger than neighborhood avg.

Year Built

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

A Location Report is available — transit, safety, amenities & AI review.
View Report →

Need help understanding this property?

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

Property score

84.6 is composed by the two sections below.

Property Score

81.0Excellent
Living Area1,691 sqft83Excellent
Year Built2022100Excellent
Lot Size3,681 sqft46Low
Neighbourhood Sales Activity86Excellent

Community Score

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

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

above average
1,691 sqft
0255075100
Same streetBottom 21%Same areaTop 37%CitywideTop 21%
Same street · Mara Place
#34 / 43
Bottom 21% · Avg 1,949 sqft
Same area · Fraipont
#413 / 1,128
Top 37% · Avg 1,668 sqft
Citywide · Winnipeg
#41,469 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
524k
0255075100
Same streetBottom 42%Same areaTop 25%CitywideTop 16%
Same street · Mara Place
#25 / 43
Bottom 42% · Avg 589.2k
Same area · Fraipont
#284 / 1,128
Top 25% · Avg 501.8k
Citywide · Winnipeg
#31,403 / 194,458
Top 16% · Avg 390.1k

Year Built

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

Lot Size

around average
3,681 sqft
0255075100
Same streetBottom 28%Same areaBottom 34%CitywideBottom 21%

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

59 Mara Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 145 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 6/2022CA$500k–550k
Sold price

Same street

Bottom 12%

Same area

Top 36%

City-wide

Top 16%

Related homes

Highlights & common questions: 59 Mara Place, Winnipeg

Property Overview: 59 Mara Place, Winnipeg

Key Characteristics & Appeal

This is a modern, two-storey home built in 2022, offering a move-in-ready opportunity with a renovated basement. Its key appeal lies in its balance of contemporary living within a well-established context. With 1,691 sqft of living space, it feels spacious compared to the average Winnipeg home, yet it sits on a more compact, manageable lot. This combination suggests lower maintenance without sacrificing interior room.

The home’s assessed value positions it as a strong, above-average property within the broader Fraipont neighbourhood and citywide, indicating good value retention. It would particularly suit first-time buyers or downsizers seeking a newer build with modern finishes and minimal immediate upkeep. It’s also a practical fit for professionals who value their time; the smaller yard and attached garage translate to less weekend work, while the renovated basement offers flexible space for a home office, gym, or guest area. A less obvious perspective is that its "above average" citywide ranking for year built is a significant asset, potentially offering better energy efficiency and reduced near-term repair costs compared to the typical, much older Winnipeg home.


Frequently Asked Questions

1. How does the lot size impact the property?
The land area is below average for both the immediate street and the city. This means a smaller yard, which is ideal for low-maintenance living but may not suit those wanting extensive outdoor space for gardening or recreation.

2. What does the "Elite" ranking for year built mean?
This indicates the home is newer than approximately 99% of properties across Winnipeg. This is a notable advantage, typically correlating with modern building codes, contemporary layouts, and newer major systems (like HVAC and plumbing), which can mean greater peace of mind.

3. The assessed value seems high for the area. Is that good?
A higher assessed value relative to neighbourhood averages often reflects the property's desirable characteristics, like its newness and renovations. It generally signals a stronger perceived market value, though property taxes will be based on this assessment.

4. Is the living space adequate for a family?
At 1,691 sqft, it is above the city average and provides a comfortable footprint for a small to medium-sized family. The two-storey design with a renovated basement effectively adds a third level of usable space, enhancing its functionality.

5. Can I get the exact historical sale price?
The listed sale price is a range based on public data. The exact sale price is available by request via email from the site, which provides the accurate figure manually as a service.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.