506-755 North Drive

Wildwood, Winnipeg

Property score

87.0

Excellent

Overall 87.0 · Larger and newer than most nearby homes

2,128 sqft (top 18%) · Built in 2019

Located in a high-income area with median household income of ~93k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 1 school, 2 parks, and 2 place of worships nearby

Living Area

Above average

24% larger than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 81%Chinese · 2%

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

Sold Count

14

Median price

500k

$/sqft

$306/sqft

Avg build year

2019

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Property score

87.0 is composed by the two sections below.

Property Score

91.2Excellent
Living Area94
2,128 sqftExcellent
Year Built97
2019Excellent
Neighbourhood Sales Activity19
Low

Community Score

80.8Excellent
Household Income82
Excellent
Education Level82
Excellent
Housing Stress63
Fair
Core Housing Need88
Excellent
Employment Health83
Excellent

Neighbourhood Sales

Wildwood

How to read: Share of sales in each ~$50k price band for “wildwood” (Condos, 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: #46110444

Community deep dive

$93K

Median household income

$121K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

30%

Single-person households

20%

Families with children

Population, labour & age

Population (2021)551
Labour force participation rate70%
Median age41.6
Avg household size2.2
Unemployment rate5%
Population density903 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households30%
Couple families with children20%
Median household income (2020)$93K

Housing

Renter households18%
Condominium dwellings16%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority12%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 80%
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
2,128 sqft
0255075100
Same streetTop 18%Same areaTop 18%CitywideTop 1%
Same street · North Drive
#9 / 50
Top 18% · Avg 1,710 sqft
Same area · Wildwood
#9 / 50
Top 18% · Avg 1,710 sqft
Citywide · Winnipeg
#162 / 26,841
Top 1% · Avg 1,042 sqft

Tax-Assessed Value

Elite
819k
0255075100
Same streetTop 18%Same areaTop 18%CitywideTop 1%
Same street · North Drive
#9 / 50
Top 18% · Avg 632k
Same area · Wildwood
#9 / 50
Top 18% · Avg 632k
Citywide · Winnipeg
#94 / 26,841
Top 1% · Avg 256.1k

Year Built

Elite
2019
0255075100
Same streetTop 14%Same areaTop 14%CitywideTop 5%

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

506-755 North Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 324 m), 2 parks (nearest 380 m).

Search radius
🏫Education1
🌳Parks2
Worship2

Crime & Safety

Wildwood · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

100%

Sales History

Sold 1/2023CA$0.95M–1M
Sold price

Same street

Top 14%

Same area

Top 14%

City-wide

Top 1%

Related homes

Highlights & common questions: 506-755 North Drive, Winnipeg

Property Summary: 506-755 North Drive

Key Characteristics & Buyer Profile

This home stands out for its unusually large living space and high assessed value relative to the rest of Winnipeg. At 2,128 square feet, it ranks in the top 1% city-wide for size, while the average comparable home in the city is just over 1,000 square feet. The assessed value of $819,000 places it in the top 1% as well, reflecting both the size and the desirability of the area.

Built in 2019, the home is also newer than 95% of comparable properties across the city—most of which date to 1990 on average. On its own street and within the Wildwood neighborhood, it ranks in the top 18% for both size and value, meaning it’s above average locally but truly exceptional when compared city-wide.

The appeal is twofold. First, for buyers who prioritize space—whether for a growing family, home offices, or simply not feeling cramped—this property offers square footage that is hard to find in a newer build. Second, the assessed value suggests strong underlying land and location value, which can be a quieter advantage for those thinking about long-term equity, especially since the home is already in an elite tier city-wide.

Who it suits: Buyers who want a newer, oversized home in an established neighborhood without moving to a far-flung new suburb. It also suits those who are price-conscious about future resale: being in the top 1% of assessed value city-wide suggests the property has already demonstrated strong market positioning.


Five Possible FAQs

1. How does the property compare to other homes on North Drive specifically?
On North Drive, it ranks 9th out of 50 homes (top 18%) for both living area and assessed value. That means it’s above average on the street, but not the largest or most expensive—so you’re getting a strong home in a competitive context, without being the outlier that can be harder to sell.

2. Is the high assessed value mostly due to the house size or the land?
The data provided doesn’t break out land versus building value separately, but given that the home is only six years old and the square footage is very high, the building likely contributes significantly. However, ranking top 1% city-wide while only top 18% on the street suggests the street itself is high-value—so location is a meaningful factor too.

3. Why is the average year built in Winnipeg so much older (1990) than this home?
Winnipeg has a large stock of older housing stock, particularly in established neighborhoods like Wildwood. A 2019 build is relatively rare in such areas, which is why this home ranks in the top 5% city-wide for newer construction. It’s a good option if you want modern construction without being in a brand-new development zone.

4. Does the “top 1%” ranking mean I’m overpaying for the area?
Not necessarily. Rank by assessed value is a measure of market perception, not a prediction. Being in the top 1% city-wide is consistent with being a high-end home in a desirable area. It’s worth comparing to recent sale prices on the street to see if the assessed value aligns with what buyers are actually paying.

5. How can I see this home on a map with nearby properties for comparison?
The property detail page includes a link to an interactive neighbourhood analysis map. That tool lets you view this home alongside others on North Drive and in Wildwood, comparing year built, living area, assessed value, and lot size directly. It’s a practical way to get a fuller picture before viewing in person.