Property Overview
This two-storey home at 2 Mara Place in Winnipeg's Fraipont neighbourhood is a modern, low-maintenance property built in 2022. Its key appeal lies in being a recently constructed home that offers move-in readiness without the concerns of aging infrastructure or immediate major renovations. With 2,031 sqft of living space, it sits comfortably above the average size for both the city and the immediate area, providing ample room for daily life. The home features an attached garage and a full, unrenovated basement offering potential for future customization.
The property is particularly well-suited for first-time buyers or young families seeking a newer build in a developing community, who prioritize modern amenities and energy efficiency over an established, mature landscape. It also appeals to buyers looking for a pragmatic choice: a home that is newer than most in the city (placing in the top 1% citywide for year built) and sized above average, yet with an assessed value that is modest relative to its condition and square footage within the Fraipont area. A thoughtful perspective is the balance it strikes; while the lot size is more compact citywide, this often translates to less exterior upkeep, aligning with the low-maintenance lifestyle the home itself promotes.
Frequently Asked Questions
1. Is this a good value for the neighbourhood?
The data suggests it is competitively positioned. The home's living area is in the top 11% for Fraipont, meaning it's notably larger than many area homes, while its assessed value ranks above the neighbourhood average (top 28%). This indicates you get more interior space per dollar assessed compared to many local peers.
2. What does the "unrenovated basement" mean?
The basement is finished as living space but has not been updated since the home was built in 2022. It presents a clean slate—it's fully functional and modern, but without any custom upgrades. This is a positive for buyers who want to personalize the space later or prefer the standard builder finish.
3. How does the lot size impact the property?
At 4,020 sqft, the lot is typical for newer subdivisions in Fraipont but is below the wider city average. This means smaller yard maintenance, which many appreciate, but less private outdoor space than you might find in older city neighbourhoods.
4. The home sold in late 2022. Why is that recent sale relevant?
The sale price from December 2022 (listed in the data) provides a crucial benchmark for the home's market value when it was essentially new. Tracking how the current asking price relates to that last sale price, alongside changes in assessed value, is a key step in evaluating its market trajectory.
5. Who would this property NOT be ideal for?
It may not suit buyers seeking a large, mature garden, extensive outdoor space, or the character of an older, established neighbourhood. The appeal here is modern convenience and efficient use of space rather than expansive land or classic architectural details.