570 South Drive

Wildwood, Winnipeg

Property score

80.3

Excellent

Overall 80.3 · Newer than most nearby homes

1,655 sqft (top 42%) · Built in 1954 (4 yrs newer than avg)

Located in a high-income area with median household income of ~128k

Transit 64.0 · 1-min walk to transit with 1 nearby route · Within 500m: 6 parks nearby

Living Area

Near average

0% smaller than neighborhood avg.

Year Built

Above average

4 yrs newer than neighborhood avg.

Mother tongue

English · 89%French · 2%

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

Sold Count

91

Median price

598.2k

$/sqft

$381/sqft

Avg build year

1950

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Property score

80.3 is composed by the two sections below.

Property Score

73.0Good
Living Area83
1,655 sqftExcellent
Year Built36
1954Low
Lot Size100
23,750 sqftExcellent
Neighbourhood Sales Activity19
Low

Community Score

91.2Excellent
Household Income91
Excellent
Education Level100
Excellent
Housing Stress74
Good
Core Housing Need100
Excellent
Employment Health83
Excellent

Neighbourhood Sales

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.

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: #46110465

Community deep dive

$128K

Median household income

$268K

Average household income

9%

Low income (LIM-AT)

0.5

Income inequality (Gini)

8.0

P90 / P10 ratio

30%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)423
Labour force participation rate74%
Median age48.0
Avg household size2.4
Unemployment rate6%
Population density863 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households30%
Couple families with children30%
Median household income (2020)$128K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)2%
Visible minority6%
Bachelor's or higher (25–64)64%
Mother tongue (1st)English · 89%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

above average
1,655 sqft
0255075100
Same streetBottom 24%Same areaTop 42%CitywideTop 23%
Same street · South Drive
#82 / 108
Bottom 24% · Avg 2,437 sqft
Same area · Wildwood
#157 / 377
Top 42% · Avg 1,657 sqft
Citywide · Winnipeg
#44,353 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.12M
0255075100
Same streetTop 31%Same areaTop 5%CitywideTop 1%
Same street · South Drive
#33 / 108
Top 31% · Avg 985.6k
Same area · Wildwood
#19 / 377
Top 5% · Avg 568.2k
Citywide · Winnipeg
#1,357 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
1954
0255075100
Same streetBottom 45%Same areaTop 10%CitywideBottom 33%

Lot Size

Elite
23,750 sqft
0255075100
Same streetTop 35%Same areaTop 5%CitywideTop 1%

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

570 South Drive — 6 amenities found within 500 m, across 1 categories, including 6 parks (nearest 252 m).

Search radius
🌳Parks6

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 6/2024CA$1.4M–1.45M
Sold price

Same street

Top 18%

Same area

Top 1%

City-wide

Top 1%

Related homes

Highlights & common questions: 570 South Drive, Winnipeg

Key Characteristics & Buyer Profile

This property, located at 570 South Drive in Winnipeg’s Wildwood neighborhood, stands out for its land size and assessed value, rather than its living area. The home sits on a 23,750 sqft lot—placing it in the top 1% citywide and top 5% within Wildwood, where the average lot is just over 9,000 sqft. Its assessed value of $1.12M also ranks in the top 1% citywide and top 5% in the neighborhood, well above the local average of $568,200.

The living area is 1,655 sqft, which is slightly below the street average (2,437 sqft) but above the citywide average (1,342 sqft). The house was built in 1954, putting it in line with many older homes in Wildwood (average 1950) but older than the citywide average (1966).

The appeal here is not a large, newly built home, but a rare, oversized lot in a desirable neighborhood with strong underlying land value. The house itself may be a candidate for renovation, expansion, or even redevelopment, depending on zoning. The property suits buyers who prioritize lot size and location over move-in-ready interior space—for example, someone looking to build a custom home, renovate a mid-century structure, or secure land in an established area where large lots are uncommon. It may also appeal to buyers who want a modestly sized home with substantial outdoor space in a top-tier neighborhood.


Five Possible FAQs

1. How does the living area compare to other homes in the area?
The living area (1,655 sqft) is smaller than the average on South Drive (2,437 sqft) but close to the Wildwood neighborhood average (1,657 sqft). Citywide, it’s above average. So it’s typical for the neighborhood but undersized relative to the immediate street.

2. Why is the assessed value so high if the house isn’t large?
The high assessed value is driven primarily by the land. The lot is nearly 24,000 sqft—more than double the neighborhood average and among the largest 1% of lots citywide. In a neighborhood like Wildwood, land value often outweighs the structure’s contribution.

3. Is this a good property for a renovation or rebuild?
Potentially, yes. The lot size is exceptional, and the home’s age (1954) means it may have good bones but likely needs updates. Buyers interested in a major renovation or teardown should verify zoning rules, setback requirements, and any heritage or tree-protection bylaws that might affect plans.

4. How does the year built affect things like insurance or maintenance?
Homes from the 1950s often have solid construction but may have older wiring, plumbing, or insulation. Insurance rates can be higher if systems haven’t been updated. A thorough home inspection and review of any recent upgrades (e.g., roof, furnace, windows) is recommended before purchase.

5. What does “ranked #1,971 out of 194,458” mean for the land size?
It means this property’s lot is larger than 99% of all comparable homes across Winnipeg. That’s an extremely high ranking and indicates the land is a scarce asset. In practical terms, it offers privacy, gardening space, or development potential that few other properties in the city can match.