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.