40 Libra Street

West Kildonan Industrial, Winnipeg

Property score

76.6

Good

Overall 76.6 · Smaller but newer than most nearby homes

1,305 sqft (bottom 11%) · Built in 2021

Located in a high-income area with median household income of ~105k

Transit 70.0 · 2-min walk to transit with 1 nearby route

Living Area

Below average

18% smaller than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 45%Tagalog · 18%

Past 10 years West Kildonan Industrial sales snapshot (~80% of all data)

Sold Count

626

Median price

422.5k

$/sqft

$297/sqft

Avg build year

2021

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Property score

76.6 is composed by the two sections below.

Property Score

71.4Good
Living Area1,305 sqft71Good
Year Built2021100Excellent
Lot Size2,557 sqft28Low
Neighbourhood Sales Activity93Excellent

Community Score

84.4Excellent
Household Income87Excellent
Education Level82Excellent
Housing Stress74Good
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

West Kildonan Industrial

How to read: Share of sales in each ~$50k price band for “west kildonan industrial” (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: #46110002

Community deep dive

$105K

Median household income

$112K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

13%

Single-person households

40%

Families with children

Population, labour & age

Population (2021)3,678
Labour force participation rate77%
Median age31.6
Avg household size3.2
Unemployment rate9%
Population density744 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households13%
Couple families with children40%
Median household income (2020)$105K

Housing

Renter households32%
Condominium dwellings4%
Median dwelling value (owners)$404K

Diversity, education & language

Immigrants (share of pop.)46%
Visible minority67%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 44%
Mother tongue (2nd)Tagalog · 17%

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

Rankings

Living Area

around average
1,305 sqft
0255075100
Same streetBottom 20%Same areaBottom 11%CitywideTop 41%
Same street · Libra Street
#37 / 46
Bottom 20% · Avg 1,412 sqft
Same area · West Kildonan Industrial
#592 / 664
Bottom 11% · Avg 1,591 sqft
Citywide · Winnipeg
#80,363 / 194,458
Top 41% · Avg 1,342 sqft

Tax-Assessed Value

around average
371k
0255075100
Same streetBottom 30%Same areaBottom 28%CitywideTop 47%
Same street · Libra Street
#32 / 46
Bottom 30% · Avg 377.3k
Same area · West Kildonan Industrial
#477 / 664
Bottom 28% · Avg 442.9k
Citywide · Winnipeg
#90,675 / 194,458
Top 47% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetTop 2%Same areaTop 29%CitywideTop 2%

Lot Size

around average
2,557 sqft
0255075100
Same streetBottom 37%Same areaBottom 19%CitywideBottom 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

Search radius
No data within 500 m.

Crime & Safety

West Kildonan Industrial · WPS public data · 2026

Annual incidents

5

2026

vs. city avg

-83%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Violent

60%

Sales History

Sold 6/2021CA$300k–350k
Sold price

Same street

Bottom 35%

Same area

Bottom 14%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 40 Libra Street, Winnipeg

40 Libra Street – Property Summary

Key Characteristics & Buyer Profile

This is a 1,305 sqft home built in 2021 on a 2,557 sqft lot, with an assessed value of $371,000. Its strongest feature is the year built—newer than 98% of homes citywide in Winnipeg and the newest on Libra Street. The living area sits slightly below the street and neighborhood averages but is right around the citywide norm for comparable homes. The lot is on the smaller side, especially relative to citywide averages, which skew larger due to older, spacious lots.

The appeal here is low-maintenance newness in an established area. Buyers get a modern build without the premium of a brand-new development, and the modest lot means less yard work—a practical trade-off. The assessed value is around average for the street and slightly below the neighborhood, which could suggest reasonable pricing relative to nearby homes.

This property would suit first-time buyers looking for something move-in ready, downsizers who want newer construction without a big yard, or investors targeting newer stock in an area where most homes are older. It’s less suited for buyers seeking space—either indoor square footage or outdoor land—or those wanting a home that stands out in size or value within West Kildonan Industrial.


FAQ

1. Why is the assessed value relatively average when the home is so new?
New construction tends to carry a premium, but the smaller living area and lot size balance that out. The assessment reflects the home’s total package, not just its age.

2. Is the small lot a drawback?
It depends on your priorities. The lot is below average even for the street, and well below citywide norms. If you want a garden, garage addition, or privacy from neighbors, it may feel tight. If you prefer less upkeep and more time indoors, it's a feature.

3. How does this home compare to others built in the same year nearby?
There aren’t many. The neighborhood median build year is 2021, so this fits right in with the newer handful of homes in West Kildonan Industrial. Most surrounding properties are decades older.

4. What does “around average” for the city actually mean for living area?
The home is slightly smaller than the citywide comparable average of 1,342 sqft, but ranks in the top 41%—meaning it’s above most homes citywide due to the prevalence of smaller units in Winnipeg’s overall housing stock.

5. Would this property appreciate faster than older homes in the area?
Not necessarily. While newer homes often hold value well, this property already ranks high for age, so there’s less room for that to improve. Appreciation will likely come from the neighborhood’s development and demand, not from the building itself becoming relatively newer over time.

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