St. Vital Perimeter South, Winnipeg
Property score
76.7
Good
Overall 76.7 · Smaller and older than most nearby homes
1,444 sqft (bottom 21%) · Built in 1973 (13 yrs older than avg)
Located in a high-income area with median household income of ~137k
Transit 0.0
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Below average
13 yrs older than neighborhood avg.
Mother tongue
English · 77%French · 9%
Past 10 years St. Vital Perimeter South sales snapshot (~80% of all data)
147
741k
$427/sqft
1986
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76.7 is composed by the two sections below.
Property Score
Community Score
St. Vital Perimeter South
How to read: Share of sales in each ~$50k price band for “st. vital perimeter south” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110938
$137K
Median household income
$204K
Average household income
2%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.3
P90 / P10 ratio
16%
Single-person households
38%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
St. Vital Perimeter South · WPS public data · 2026
Annual incidents
1
2026
vs. city avg
-97%
relative to avg
Year-over-year
▼ -98%
vs. prior year
Primary type
Property
100%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 17% | Bottom 27% | Top 15% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview
This single-storey home at 3000 St. Mary's Road in Winnipeg's St. Vital Perimeter South area presents a unique proposition centered on its land. The nearly 2-acre lot (87,158 sq ft) is its most defining characteristic, placing it in the top tier for size locally. The 1,444 sq ft house, built in 1973, features a renovated basement and a detached garage. Its appeal lies in the exceptional potential of its expansive grounds, offering a rare sense of space and privacy within the city. The property suits a buyer with a vision—whether for gardening, recreational space, or future development—who values land size over a newer or larger home. It's a solid, no-frills foundation on a canvas of land that is increasingly hard to find.
Key Considerations & FAQs
1. Why is the assessed value so much lower than nearby properties?
Municipal assessments primarily reflect a property's value for taxation purposes and can lag behind market values, especially for unique properties. This assessment likely emphasizes the older home while underweighting the premium value of its massive, developable lot in today's market.
2. What does the large land size actually mean for a buyer?
Beyond privacy and space, it offers long-term flexibility. It could accommodate extensive landscaping, outbuildings (subject to bylaws), or even future subdivision potential, making it a strategic purchase as much as a residential one.
3. The home sold for $51,300 in 2020. Is the current price justified?
The 2020 sale price reflects a different market and may not be a relevant benchmark today. The significant equity increase since then is likely tied to the soaring value of developable land in Winnipeg, not just the house itself.
4. Who would this property not suit?
It may not suit buyers seeking a modern, move-in-ready home without any projects. The appeal is the land; the 1973-built house requires a buyer comfortable with its era or willing to invest in updates over time.
5. Are there any drawbacks to such a large lot?
Potential buyers should consider higher property taxes relative to the house size, increased maintenance (like lawn care or snow clearing), and should investigate any zoning restrictions or easements that might affect future use plans.
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