70 Mara Place

Fraipont, Winnipeg

Property score

92.3

Excellent

Overall 92.3 · Larger and newer than most nearby homes

2,084 sqft (top 9%) · Built in 2024 (4 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

25% larger than neighborhood avg.

Year Built

Above average

4 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

92.3 is composed by the two sections below.

Property Score

93.9Excellent
Living Area94
2,084 sqftExcellent
Year Built100
2024Excellent
Lot Size88
7,060 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

above average
2,084 sqft
0255075100
Same streetTop 23%Same areaTop 9%CitywideTop 9%
Same street · Mara Place
#10 / 43
Top 23% · Avg 1,949 sqft
Same area · Fraipont
#96 / 1,128
Top 9% · Avg 1,668 sqft
Citywide · Winnipeg
#17,238 / 194,458
Top 9% · Avg 1,342 sqft

Tax-Assessed Value

Elite
654k
0255075100
Same streetTop 23%Same areaTop 6%CitywideTop 5%
Same street · Mara Place
#10 / 43
Top 23% · Avg 589.2k
Same area · Fraipont
#68 / 1,128
Top 6% · Avg 501.8k
Citywide · Winnipeg
#10,125 / 194,458
Top 5% · Avg 390.1k

Year Built

Elite
2024
0255075100
Same streetTop 5%Same areaTop 1%CitywideTop 1%

Lot Size

above average
7,060 sqft
0255075100
Same streetTop 33%Same areaTop 6%CitywideTop 17%

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

70 Mara Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 105 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 9/2024CA$700k–750k
Sold price

Same street

Top 20%

Same area

Top 3%

City-wide

Top 3%

Related homes

Highlights & common questions: 70 Mara Place, Winnipeg

Property Overview: 70 Mara Place, Winnipeg

Key Characteristics & Appeal

This two-storey home in Fraipont is a modern property, built just two years ago in 2024. Its primary appeal lies in its combination of new construction and above-average space. With 2,084 sqft of living area, it stands in the top quarter of homes on its own street and the top 9% citywide for size, offering more room than most comparable properties. It sits on a 7,060 sqft lot, which is notably larger than most in the Fraipont area.

The home’s assessed value positions it within the top 5% of all Winnipeg properties, indicating a premium valuation. This suggests a well-appointed home in a desirable setting. Its recent sale history shows stable value. The property includes an attached garage and a basement, which is noted as not being renovated, presenting a potential canvas for future customization.

This home would best suit buyers looking for a move-in ready, modern build who value space and a established, high-ranking assessed value. It’s ideal for those wanting to avoid the quirks of an older home but who may be interested in a basement project down the line. A thoughtful perspective is that while it's new, its value ranking is already elite, potentially offering a blend of contemporary living without the premium often attached to brand-new, never-lived-in homes.

Frequently Asked Questions

1. How does the property’s size compare to the neighborhood?
It’s notably larger than average. With 2,084 sqft, it ranks in the top 9% of homes in Fraipont for living area, offering significant space compared to local norms.

2. Is the basement finished?
No, the basement is present but is specifically noted as not being renovated. This could be seen as a blank slate for future expansion or customization.

3. What does its "Elite" assessed value ranking mean?
The home’s assessed value is in the top 5% citywide. This is a strong indicator of its premium market position relative to all Winnipeg properties, often reflecting factors like location, size, condition, and recent sales.

4. How old is the home?
It was built in 2024, making it one of the newest homes available. On its street, it ranks in the top 5% for year built, and citywide it’s in the top 1%.

5. Can I get the exact historical sold price?
The provided sold price is a range based on public data. The exact sold price is available by request via email from the listing service, which they provide manually without using your email for unsolicited marketing.