94 Mara Place

Fraipont, Winnipeg

Property score

90.2

Excellent

Overall 90.2 · Larger and newer than most nearby homes

1,869 sqft (top 21%) · Built in 2023 (3 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

12% 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)

Sold Count

764

Median price

515k

$/sqft

$359/sqft

Avg build year

2020

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Property score

90.2 is composed by the two sections below.

Property Score

90.4Excellent
Living Area1,869 sqft89Excellent
Year Built2023100Excellent
Lot Size6,624 sqft85Excellent
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
1,869 sqft
0255075100
Same streetBottom 49%Same areaTop 21%CitywideTop 15%
Same street · Mara Place
#22 / 43
Bottom 49% · Avg 1,949 sqft
Same area · Fraipont
#235 / 1,128
Top 21% · Avg 1,668 sqft
Citywide · Winnipeg
#28,403 / 194,458
Top 15% · Avg 1,342 sqft

Tax-Assessed Value

above average
614k
0255075100
Same streetTop 40%Same areaTop 8%CitywideTop 7%
Same street · Mara Place
#17 / 43
Top 40% · Avg 589.2k
Same area · Fraipont
#94 / 1,128
Top 8% · Avg 501.8k
Citywide · Winnipeg
#13,634 / 194,458
Top 7% · Avg 390.1k

Year Built

Elite
2023
0255075100
Same streetTop 9%Same areaTop 13%CitywideTop 1%

Lot Size

above average
6,624 sqft
0255075100
Same streetTop 42%Same areaTop 7%CitywideTop 20%

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

94 Mara Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 151 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 6/2023CA$600k–650k
Sold price

Same street

Top 48%

Same area

Top 7%

City-wide

Top 5%

Related homes

Highlights & common questions: 94 Mara Place, Winnipeg

Property Overview: 94 Mara Place, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fraipont is a modern property, built in 2023, offering a move-in-ready opportunity without the wait of new construction. Its key appeal lies in its balance of above-average space and a contemporary foundation. With 1,869 sqft of living area, it provides more room than most Winnipeg homes and sits on a generous 6,624 sqft lot, offering ample outdoor space for a newer build. The home features an attached garage and a basement (not renovated), presenting a blank canvas for future expansion.

Its value is underscored by a strong assessed value that places it in the top tiers for both the neighbourhood and the city, suggesting a solid investment in a desirable area. This property would suit first-time buyers or young families looking for a modern, low-maintenance home in a community of similar recent builds. It also appeals to the practical buyer who wants the benefits of a new build (modern systems, insulation, layout) without paying a premium for absolute brand-newness, and who may appreciate the opportunity to customize the basement to their own taste and timeline.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street?
It is very consistent with the newer homes on Mara Place. Its living space, lot size, and assessed value are all around the average for the street, indicating it fits perfectly within this modern subdivision built around 2023.

2. What is the significance of the "above average" city-wide rankings?
While the home is typical for its own new street, it stands out when compared to the entire city. Its living space, lot size, and assessed value all rank within the top 15-20% of Winnipeg, highlighting that you're getting a proportionally larger and more valuable property than most in the broader market.

3. The sold price history shows a range. What does that indicate?
The listed sold price range from June 2023 (approximately $62.5k - $65.5k) is a public estimate. To get the exact figure, you must request it directly from the site. This range, close to the current assessed value, suggests stable value retention in its first few years.

4. What does "basement, not renovated" imply?
The basement is finished as part of the original 2023 build but in a basic state. It's liveable and functional but lacks custom upgrades. This is a positive for buyers wanting to personalize the space or add value over time, as there's no need for demolition of old finishes.

5. Who might the nearby "for reference" properties be useful for?
The listed comparable properties on Eau-Claire Drive, built in 2021 with similar sizes, provide a useful benchmark for value and features in the wider Fraipont neighbourhood. They help confirm that this home's assessment and offering are in line with other recent constructions in the area.

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