78 Mara Place

Fraipont, Winnipeg

Property score

93.1

Excellent

Overall 93.1 · Larger and newer than most nearby homes

2,248 sqft (top 5%) · Built in 2024 (4 yrs newer than avg)

Located in a high-income area with median household income of ~120k

Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Above average

35% 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

93.1 is composed by the two sections below.

Property Score

95.1Excellent
Living Area96
2,248 sqftExcellent
Year Built100
2024Excellent
Lot Size88
7,236 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

Elite
2,248 sqft
0255075100
Same streetTop 19%Same areaTop 5%CitywideTop 6%
Same street · Mara Place
#8 / 43
Top 19% · Avg 1,949 sqft
Same area · Fraipont
#58 / 1,128
Top 5% · Avg 1,668 sqft
Citywide · Winnipeg
#11,178 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

Elite
818k
0255075100
Same streetTop 9%Same areaTop 2%CitywideTop 2%
Same street · Mara Place
#4 / 43
Top 9% · Avg 589.2k
Same area · Fraipont
#20 / 1,128
Top 2% · Avg 501.8k
Citywide · Winnipeg
#4,057 / 194,458
Top 2% · Avg 390.1k

Year Built

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

Lot Size

Elite
7,236 sqft
0255075100
Same streetTop 23%Same areaTop 5%CitywideTop 15%

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

78 Mara Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 122 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 8/2024CA$800k–850k
Sold price

Same street

Top 8%

Same area

Top 1%

City-wide

Top 2%

Related homes

Highlights & common questions: 78 Mara Place, Winnipeg

Property Overview

78 Mara Place is a modern, two-storey home in Winnipeg's Fraipont neighbourhood, built in 2024. Its appeal lies in being a nearly new property that ranks highly against its peers in several key metrics. The home features a renovated basement, an attached garage, a pool, and sits on a generous 7,236 sqft lot. The living space of 2,248 sqft is notably above average for the street, neighbourhood, and city.

This home is ideally suited for buyers seeking a turnkey, contemporary property without the wait of new construction. It fits growing families who value spacious, modern interiors and outdoor amenities like a pool, or professionals looking for a premium home in a community of newer builds. The high assessed value and recent sale price indicate it's positioned in the upper tier of the market, catering to those with the budget for a top-tier property in a desirable area.

A thoughtful perspective: while the home is new, its established landscaping and the fact that the neighbourhood itself is still developing create a unique balance—offering modern finishes while being part of a community that is growing into its character. The high rankings across the board suggest it's not just a nice house, but a standout asset within its immediate context.

Frequently Asked Questions

1. How does this home truly compare to others in the area?
The data shows it consistently ranks in the top tiers. Its living area is in the top 19% on its street, top 5% in Fraipont, and top 6% citywide. Its assessed value is even more elite, placing in the top 9% on the street and top 2% both in Fraipont and across Winnipeg.

2. What is the exact recent sold price?
The listed sold price range from August 2024 is between $785,000 and $815,000. The property website offers to provide the exact sold price via email upon request, as they manually verify this data from non-public sources.

3. Is the neighbourhood established or still developing?
Fraipont appears to be a newer community. With this home built in 2024 and comparable nearby properties built around 2021, the area is likely still maturing, which can mean newer infrastructure but less established greenery compared to older neighbourhoods.

4. What does the "renovated basement" entail?
The listing confirms the basement is renovated and finished, but specific details on the finishes, layout, or whether it includes a legal suite are not provided in this data. This would be a key point for buyer inquiry.

5. Are the high property taxes a concern given the assessed value?
With an assessed value of $818,000, which is in the top 2% for the city, the property taxes will be correspondingly high. Buyers should budget for this premium, which is typical for a home of this caliber and newness.