14 Ike Kraut Place

South Tuxedo, Winnipeg

Property score

97.5

Excellent

Overall 97.5 · Larger and newer than most nearby homes

3,119 sqft (top 29%) · Built in 2019 (31 yrs newer than avg)

Located in a high-income area with median household income of ~218k

Transit 56.0 · 5-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby

Living Area

Above average

10% larger than neighborhood avg.

Year Built

Above average

31 yrs newer than neighborhood avg.

Mother tongue

English · 78%Chinese · 2%

Past 10 years South Tuxedo sales snapshot (~80% of all data)

Sold Count

226

Median price

826k

$/sqft

$348/sqft

Avg build year

1988

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Property score

97.5 is composed by the two sections below.

Property Score

98.3Excellent
Living Area100
3,119 sqftExcellent
Year Built97
2019Excellent
Lot Size97
10,235 sqftExcellent
Neighbourhood Sales Activity87
Excellent

Community Score

96.4Excellent
Household Income99
Excellent
Education Level100
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

South Tuxedo

How to read: Share of sales in each ~$50k price band for “south tuxedo” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110361

Community deep dive

$218K

Median household income

$376K

Average household income

7%

Low income (LIM-AT)

0.6

Income inequality (Gini)

6.7

P90 / P10 ratio

12%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)1,000
Labour force participation rate65%
Median age54.8
Avg household size2.8
Unemployment rate3%
Population density347 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households12%
Couple families with children38%
Median household income (2020)$218K

Housing

Renter households0%
Condominium dwellings8%
Median dwelling value (owners)$900K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority12%
Bachelor's or higher (25–64)75%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Chinese · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
3,119 sqft
0255075100
Same streetTop 45%Same areaTop 29%CitywideTop 1%
Same street · Ike Kraut Place
#5 / 11
Top 45% · Avg 2,901 sqft
Same area · South Tuxedo
#226 / 787
Top 29% · Avg 2,840 sqft
Citywide · Winnipeg
#1,661 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.61M
0255075100
Same streetBottom 45%Same areaTop 7%CitywideTop 1%
Same street · Ike Kraut Place
#6 / 11
Bottom 45% · Avg 1.6M
Same area · South Tuxedo
#55 / 787
Top 7% · Avg 1.01M
Citywide · Winnipeg
#318 / 194,458
Top 1% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetBottom 45%Same areaTop 1%CitywideTop 4%

Lot Size

above average
10,235 sqft
0255075100
Same streetBottom 18%Same areaBottom 47%CitywideTop 6%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

14 Ike Kraut Place — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 373 m).

Search radius
🌳Parks3

Crime & Safety

South Tuxedo · WPS public data · 2025

Annual incidents

58

2025

vs. city avg

+97%

relative to avg

Year-over-year

-22%

vs. prior year

Primary type

Property

83%

Sales History

Sold 9/2020CA$1.6M–1.65M
Sold price

Same street

Bottom 25%

Same area

Top 7%

City-wide

Top 1%

Related homes

Highlights & common questions: 14 Ike Kraut Place, Winnipeg

Property Overview: 14 Ike Kraut Place, South Tuxedo

Key Characteristics & Appeal

This modern two-storey home, built in 2019, offers a move-in-ready proposition in the established South Tuxedo neighbourhood. Its primary appeal lies in the combination of new construction benefits—like contemporary building standards and minimal immediate maintenance—within a mature, prestigious area. The home features a renovated basement, an attached garage, and a spacious living area of over 3,100 sqft on a large, 10,235 sqft lot.

The data reveals a compelling value perspective. While the home is newer than 99% of properties in the neighbourhood, its assessed value sits comfortably within the top tier. This suggests you are acquiring a modern property without the premium often associated with brand-new custom builds in such areas. It’s an ideal fit for buyers seeking the space and prestige of South Tuxedo but wanting to avoid the renovation projects common with older homes. It would particularly suit growing families looking for long-term stability, or professionals who value a modern, low-maintenance lifestyle in a prime location.

Frequently Asked Questions

1. How does the assessed value compare to the likely market price?
The assessed value is a municipal figure for tax purposes and is typically below market value. The home last sold in 2020 for $164.8k, and its assessed value has remained stable since. Market price will be influenced by current conditions, the home’s modern condition, and its desirable lot size.

2. What does the lot size mean for potential buyers?
At over 10,000 sqft, the lot is significantly larger than average, ranking in the top 6% in Winnipeg. This offers ample private outdoor space, potential for landscaping or gardening, and a greater sense of privacy—a rare find for a newer build in a central neighbourhood.

3. The home is newer than 99% of the neighbourhood. Is that an advantage?
Yes, primarily in reduced upkeep. You benefit from modern insulation, wiring, plumbing, and building materials, which can mean lower utility costs and fewer major repairs in the near term compared to the area's predominantly older housing stock.

4. How does this property compare to the nearby references listed?
The comparison properties show that 14 Ike Kraut Place offers more living space and a much newer build year than most in Tuxedo/South Tuxedo, while its assessed value aligns with well-situated, older homes. This underscores its value proposition as a modern home in a classic area.

5. Is the renovated basement included in the living area square footage?
Typically, municipal living area (3,119 sqft) refers to above-grade, finished space. A renovated basement adds significant additional functional space (e.g., for recreation, guests, or a home office) but is not usually counted in the official living area figure, representing a valuable bonus.