Property score
87.8
Excellent
Overall 87.8 · Larger and newer than most nearby homes
1,964 sqft (top 15%) · Built in 2022 (2 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
18% 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)
764
515k
$359/sqft
2020
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
Free · No credit card required
87.8 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
83 Mara Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 173 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 | Bottom 32% | Top 27% | Top 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 83 Mara Place, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in the Fraipont neighbourhood is a modern property, built in 2022. Its key characteristic is its above-average living space (1,964 sq. ft.) compared to both the local area and the wider city, offering generous room for a growing household or those who value space. The home features an attached garage and a basement (not renovated), providing flexible storage or future development potential.
The appeal lies in its balance of new construction benefits—like modern building standards and minimal immediate maintenance—within a well-established community. While the lot size is more compact compared to city averages, this often translates to less yard upkeep. The property’s assessed value positions it as a premium home within Fraipont but around the average for its immediate street, suggesting it fits comfortably within its specific pocket of the neighbourhood.
This home would best suit buyers looking for a move-in ready, modern build who prioritize interior space over a large yard. It’s ideal for professionals or families wanting a newer home without venturing into brand-new subdivisions, and for those who see the unfinished basement as a canvas for future customization rather than a drawback.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its last sale?
Based on available data, the home sold in November 2022 for an estimated range of $515,000 to $545,000. Its current assessed value is $520,000, indicating a stable market valuation in line with that purchase price.
2. What does the "not renovated" basement mean?
The basement is unfinished. It provides essential utility space and significant storage but would require a full renovation to become livable living space, such as a rec room or suite. This is a common feature in newer builds and offers a blank slate for future projects.
3. Is the lot size a concern?
The lot is smaller than the Winnipeg average. For buyers who prefer low-maintenance outdoor space or prioritize indoor square footage, this is an advantage. For those wanting extensive gardens, play areas, or greater privacy, it may be a limitation worth considering.
4. How does this home rank in its area?
The home ranks above average for size and value within the broader Fraipont neighbourhood and citywide, largely due to its new construction. On its own street (Mara Place), however, it sits closer to the average, meaning it’s consistent with the scale and caliber of nearby homes.
5. What are the likely ongoing costs given its age?
As a 4-year-old home, major structural components like the roof, windows, and furnace should be in good condition, potentially lowering near-term repair budgets. Owners should still budget for regular maintenance and the eventual updating of finishes and appliances as they age.
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.
