Property Overview
50 Mara Place is a modern, two-storey home in Winnipeg's Fraipont neighbourhood, built in 2023. It stands out for its generous proportions, featuring 2,377 sqft of living space and a 7,580 sqft lot, both of which rank well above average for the area. The home includes an attached garage and a basement that is present but not renovated. Its appeal lies in the combination of a like-new build with substantial room to grow, set on a larger-than-typical lot in a newer community. This property would best suit buyers looking for a turn-key, spacious family home who also value the potential to customize unfinished spaces, such as the basement, to their own taste over time. It offers a balance of immediate modern comfort and future project potential.
Key Details & FAQs
Key Characteristics & Appeal
This home’s primary strengths are its space, modernity, and land. The living area places it in the top tier of homes locally and citywide, meaning you get significantly more interior room than most. The lot size is also a standout, offering ample outdoor space that is becoming rarer in newer subdivisions. As a 2023 build, it promises contemporary construction standards, energy efficiency, and minimal immediate maintenance. The appeal is grounded in not having to compromise: it provides the "new home" feel without the typical postage-stamp lot. It’s ideally suited for growing families or those who work from home and need dedicated space, as well as buyers who appreciate having a blank canvas in the basement for a future rec room, home gym, or suite.
Frequently Asked Questions
1. What is the significance of the "Elite" and "Above Average" rankings?
These rankings compare the home against similar properties on its street, in Fraipont, and across Winnipeg. For example, its living area is in the "Elite" top 4% citywide, meaning it's larger than 96% of comparable homes. This quantifies the home's standout features in the market.
2. The assessed value is noted as $69.10k. Is that the market price?
No. In Manitoba, the assessed value is for municipal tax purposes and is typically much lower than the market value. The market price is better indicated by the sold price history, which shows a range of $69.50k ~ $72.50k from its last sale in June 2023.
3. What does "basement yes, not renovated" imply?
It confirms the home has a full basement, but it is unfinished. This is a key point of potential, allowing a new owner to design and finish the space according to their needs and budget, without needing to undo previous work.
4. How does the land area compare to an average city lot?
The lot is 7,580 sqft, which is above average for Fraipont (top 5%) and also larger than the citywide average lot for comparable homes. This suggests more privacy, yard space, and landscaping possibilities than many newer properties.
5. Are there any recent comparable sales nearby for reference?
The page lists several nearby properties in Fraipont with similar year-built (2019-2021) for reference. For exact, verified sold prices of this specific home, the site offers a manual email service to ensure accuracy beyond the publicly displayed range.