Property Overview
58 Mara Place is a modern, two-storey home in Winnipeg's Fraipont neighbourhood. Built in 2023, it offers a move-in-ready canvas with the space and land to personalize over time.
Key Characteristics & Appeal
This home’s primary appeal lies in its balance of new construction benefits and above-average space. With 1,871 sqft of living area, it provides ample room for a growing family or those who work from home, ranking well above the city average. The 7,557 sqft lot is a significant asset, placing it in the top 5% of the Fraipont area, offering generous outdoor space rare for newer builds.
Its assessed value positions it as a premium property within its immediate area and the wider city, suggesting a solid investment in a desirable locale. The attached garage and full (though unrenovated) basement add practical utility and future potential.
This property would best suit buyers looking for a modern home without the wait of building, who value a large yard, and who may see the unfinished basement as a project opportunity rather than a drawback. It’s ideal for those prioritizing a home that’s newer than most in Winnipeg, with space to grow into, in a well-established neighbourhood.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks around average for living space and value on Mara Place itself, but stands out with a newer build year (2023) and a significantly larger lot size compared to street averages.
2. What is the neighbourhood like?
Fraipont is a mature Winnipeg neighbourhood. This home is part of a newer infill development, offering modern amenities within an established community setting.
3. Is the basement finished?
No, the basement is not renovated. This presents a blank slate for future development to suit a buyer’s needs, but would require additional investment to finish.
4. Why is the assessed value higher than some similar-sized nearby homes?
The assessed value reflects the home’s new construction (2023), its above-average lot size, and its premium positioning within both the Fraipont area and the city-wide market.
5. What are the utility costs likely to be for a home of this age and size?
As a modern build (2023), the home is likely to have current building code insulation and efficient mechanical systems, which should help manage heating and cooling costs despite the generous living space.