95 Mara Place

Fraipont, Winnipeg

Property score

86.0

Excellent

Overall 86.0 · Larger and newer than most nearby homes

1,809 sqft (top 27%) · 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

8% 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

86.0 is composed by the two sections below.

Property Score

83.4Excellent
Living Area1,809 sqft89Excellent
Year Built2023100Excellent
Lot Size3,464 sqft38Low
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
1,809 sqft
0255075100
Same streetBottom 35%Same areaTop 27%CitywideTop 17%
Same street · Mara Place
#28 / 43
Bottom 35% · Avg 1,949 sqft
Same area · Fraipont
#301 / 1,128
Top 27% · Avg 1,668 sqft
Citywide · Winnipeg
#32,841 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
495k
0255075100
Same streetBottom 16%Same areaTop 42%CitywideTop 21%
Same street · Mara Place
#36 / 43
Bottom 16% · Avg 589.2k
Same area · Fraipont
#474 / 1,128
Top 42% · Avg 501.8k
Citywide · Winnipeg
#40,024 / 194,458
Top 21% · Avg 390.1k

Year Built

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

Lot Size

below average
3,464 sqft
0255075100
Same streetBottom 14%Same areaBottom 23%CitywideBottom 19%

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

95 Mara Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 194 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 3/2023CA$500k–550k
Sold price

Same street

Bottom 24%

Same area

Top 27%

City-wide

Top 13%

Related homes

Highlights & common questions: 95 Mara Place, Winnipeg

Section 1: Property Overview

95 Mara Place is a modern, two-storey home built in 2023, offering a move-in-ready opportunity in Winnipeg's Fraipont neighbourhood. Its key appeal lies in its balance of new construction and a value-oriented position within the market.

Key Characteristics & Appeal:
The home features 1,809 sqft of living space, which is above average for both the city and the Fraipont area, providing ample room for a growing household or those who appreciate spacious modern layouts. It includes an attached garage and a basement (unrenovated), offering functional essentials and future potential. As a near-new build, buyers benefit from contemporary construction standards and likely minimal immediate maintenance.

Its primary appeal is its value proposition. While the living space is generous, the assessed value is notably below average for its immediate street and around average for Fraipont. This suggests the property may offer more square footage per dollar compared to some newer neighbours, though it sits on a smaller-than-average lot. This combination makes it particularly suited for first-time buyers or practical-minded families who prioritize interior space and modern amenities over a large yard. It’s a pragmatic choice for those seeking a newer home without the premium price tag often found on larger lots in newer subdivisions.


Section 2: Frequently Asked Questions

1. Why is the assessed value lower than many homes on the same street?
The assessed value is influenced by multiple factors. While the home is newer and has good living space, the lot size is significantly smaller than the street average. Assessments also consider market trends and comparable sales, so this valuation likely reflects the property’s specific combination of attributes.

2. What does "above average" for living area but "below average" for lot size mean practically?
It means you get a relatively spacious interior for the area, but your outdoor private space will be more compact. This is a common trade-off in newer communities and suits buyers who prefer low-maintenance yards and value indoor living space.

3. The home is listed as having a basement, but it's "not renovated." What should I expect?
Typically, this means the basement is unfinished. It will have basic construction (concrete floors, exposed walls and utilities) but provides valuable, adaptable space for storage, utilities, and future expansion to suit your needs and budget.

4. How does living on a street where this home is newer than most affect me?
With most homes on Mara Place built around the same time (2023 average), you’ll be in a uniformly modern streetscape. This can contribute to consistent aesthetics and means your neighbours are likely facing similar phases of home settling and initial landscaping development.

5. Where can I find the exact historical sold price?
The provided sold price is a range based on public data. For the precise sale figure, you can request it directly via the email link on the property detail page. The service provides the accurate price manually and does not use your email for unsolicited marketing.

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