71 Mara Place

Property Overview: 71 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 foundation with room for personalization. Its key appeal lies in its balance of above-average space and contemporary construction within a newer neighbourhood context.

The 1,877 sqft living area is notably spacious compared to the Winnipeg average, providing ample room for a growing family or those who value open, modern layouts. The attached garage adds practical convenience. It’s important to note the basement is present but not renovated, representing both a cost-saving on the initial purchase and a clear opportunity for future expansion or customization to suit the next owner's needs.

This home would suit first-time buyers or young families looking for a newer build without the premium of a fully customized property, as well as value-conscious buyers who see potential in finishing spaces like the basement themselves. Its assessed value positions it as a strong performer within the broader city and Fraipont area, suggesting a solid investment in a desirable community. A thoughtful perspective is that while the land size is more compact compared to some older neighbourhood lots, this often translates to less exterior maintenance, aligning with a modern, efficient lifestyle.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street and in Fraipont?
The home is newer than most on its street and in the wider city. Its living space is above average for Fraipont and Winnipeg overall, while its assessed value is also above average for these larger areas, indicating good relative value.

2. What does "basement not renovated" mean?
The basement is included and is a blank canvas—it is likely unfinished or only partially finished. This allows a new owner to design and finish the space to their own taste and budget, rather than paying a premium for a prior owner’s choices.

3. Is the sold price history available?
Exact sold prices are not publicly displayed. The listing service provides an estimated sold price range (for May 2023: $555,000-$585,000) and offers to provide the exact figure via a manual email request at no cost, with a commitment to no marketing spam.

4. What are the trade-offs of a newer home like this?
The primary benefit is modern construction, systems, and design. The trade-off, common in newer subdivisions, is a more compact land size (3,681 sqft) compared to many older city lots. This means a smaller yard but typically less maintenance.

5. Who might this property not suit?
It may not be ideal for buyers seeking a fully turnkey home with a finished basement ready for immediate use, or for those who prioritize a very large, established yard over interior space and modern build quality.