Property score
67.7
Good
Overall 67.7 · Smaller but newer than most nearby homes
1,036 sqft (bottom 8%) · Built in 1947 (3 yrs older than avg)
Located in a high-income area with median household income of ~131k
Transit 64.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, 4 parks, and 4 sports facilitys nearby
Living Area
Below average
37% smaller than neighborhood avg.
Year Built
Above average
3 yrs older than neighborhood avg.
Mother tongue
English · 88%French · 1%
Past 10 years Wildwood sales snapshot (~80% of all data)
91
598.2k
$381/sqft
1950
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67.7 is composed by the two sections below.
Property Score
Community Score
Wildwood
How to read: Share of sales in each ~$50k price band for “wildwood” (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: #46110466
$131K
Median household income
$157K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
19%
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
507 South Drive — 9 amenities found within 500 m, across 3 categories, including 1 education (nearest 438 m), 4 parks (nearest 117 m).
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%
507 South Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a compact, older home on an unusually large lot in Wildwood. The house itself is 1,036 square feet—smaller than most others on South Drive and below average for the neighbourhood, but in line with typical Winnipeg home sizes. Built in 1947, it’s older than the citywide average but actually newer than many homes in Wildwood, where the average build year is 1950.
The standout feature is the land. At 12,149 square feet, the lot is among the largest in Winnipeg (top 3% citywide) and well above the Wildwood average of 9,032 square feet. This is a property where the value is in the dirt, not the structure. The assessed value of $472,000 reflects that: it’s lower than the street average ($985,600) but above the citywide median ($390,100), ranking in the top 25% of Winnipeg homes.
Who it suits: Someone looking for a fixer-upper or a tear-down on a premium lot in an established neighbourhood. It’s not ideal for a buyer who wants a move-in-ready home with generous living space—the house is small and dated. But for someone who values yard space, privacy, or the potential to renovate or rebuild on a large site in a desirable area, this is a rare opportunity. The street itself is mixed, with much larger, higher-value homes, so it could also appeal to an investor betting on infill potential.
1. Why is the assessed value so much lower than the street average?
The street average of $985,600 is skewed by larger, more expensive homes on South Drive. Your property’s value is based on a smaller living area and older structure, but the large lot still puts it well above the citywide median.
2. The lot is huge—can I subdivide or build a second house?
Zoning rules vary by street and neighbourhood. Wildwood is an established area with lot size minimums and setback requirements. You’d need to check with the City of Winnipeg’s planning department to confirm whether subdivision or a secondary dwelling is even possible here.
3. Is the small living area a problem for resale?
It depends on the buyer. Some families will want more square footage, but in a neighbourhood like Wildwood (where many homes are older and have been expanded), a small house on a large lot can be attractive to someone planning a major renovation or custom build.
4. How does the year built affect insurance and maintenance?
Homes from 1947 often have original wiring, plumbing, or foundations that need upgrading. Insurance premiums can be slightly higher, and you should budget for potential asbestos or lead paint if a renovation uncovers it. That said, many homes in Wildwood are from the same era, so contractors in the area are familiar with the quirks.
5. Is this a good investment compared to a newer home in the suburbs?
The land value here is the asset. In most cases, land in established neighbourhoods holds or appreciates better than the structure itself. A newer suburban home may offer lower maintenance upfront, but the lot here gives you asset appreciation potential that’s harder to find in a standard development.
