Property score
83.4
Excellent
Overall 83.4 · Older than most nearby homes
2,364 sqft (top 38%) · Built in 1930 (66 yrs older than avg)
Located in a high-income area with median household income of ~159k
Transit 40.0 · 7-min walk to transit with 1 nearby route · Within 500m: 1 place of worship nearby
Living Area
Near average
1% smaller than neighborhood avg.
Year Built
Below average
66 yrs older than neighborhood avg.
Mother tongue
English · 81%Chinese · 1%
Past 10 years Wilkes South sales snapshot (~80% of all data)
58
1.6M
$506/sqft
1996
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83.4 is composed by the two sections below.
Property Score
Community Score
Wilkes South
How to read: Share of sales in each ~$50k price band for “wilkes 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: #46111062
$159K
Median household income
$456K
Average household income
5%
Low income (LIM-AT)
0.5
Income inequality (Gini)
4.0
P90 / P10 ratio
10%
Single-person households
47%
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
1234 Liberty Street — 1 amenities found within 500 m, across 1 categories.
Wilkes South · WPS public data · 2025
Annual incidents
28
2025
vs. city avg
-5%
relative to avg
Year-over-year
▲ +12%
vs. prior year
Primary type
Property
64%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 31% | Bottom 47% | Top 4% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 20% | Top 12% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
This 1930 home offers 2,364 square feet of living space on a 42,755-square-foot lot. It sits on Liberty Street in the Wilkes South neighbourhood of Winnipeg. The home's assessed value is $700,000.
The property stands out for its combination of a very large urban lot and a modest assessed value relative to its size. Citywide, it ranks in the top 4% for living area and the top 1% for land area—yet it ranks below average for assessed value on both its street and in its neighbourhood. That gap between physical size and market value is what gives this property its appeal. For a buyer who values space and land over a turnkey, modern interior, this represents a rare opportunity to own a substantial piece of property without paying a premium for finishings or recent renovations.
It would suit buyers who are comfortable with an older home and see the land as the primary asset. This includes someone looking to renovate a heritage-era house on a generous lot, a hobby gardener or small-scale urban farmer wanting room for a greenhouse or workshop, or a buyer who wants a large private yard within city limits without the price tag of a newer or fully updated home. It is less suited for someone wanting a move-in-ready property with modern fixtures or for those who prefer a low-maintenance, small-lot home.
1. Why is the assessed value lower than other homes on the street?
The property is ranked 34th out of 51 homes on Liberty Street by assessed value. Although the house itself is large, it was built in 1930—significantly older than the street average of 1992—and likely has original or dated mechanicals, windows, and interior finishes. Assessed value reflects condition, age, and comparable sales, not just square footage.
2. Is the lot size unusual for this neighbourhood?
Yes. While the lot is 42,755 square feet—top 1% citywide—it is actually smaller than the average for both the street and neighbourhood, where many lots exceed 69,000 and 136,000 square feet respectively. In a neighbourhood of larger rural-style lots, this one straddles the line between spacious city lot and small acreage.
3. What condition should I expect from a 1930-built home?
The home likely has original structural elements common to that era, such as plaster-and-lath walls, cast-iron plumbing, and possibly knob-and-tube wiring. It may have had some updates, but given its below-average assessed value, major systems—heating, electrical, roofing—should be carefully inspected. A permit history check is advisable.
4. How does living area compare to a typical Winnipeg home?
This home is more than 1,000 square feet larger than the Winnipeg average for comparable homes (1,342 sqft). Citywide, it ranks in the top 4% for living area. On Liberty Street and in Wilkes South, it is close to the neighbourhood average—so it feels typical for the area, but well above the city norm.
5. Is this property suited for development or subdivision?
The lot is large by city standards, but zoning and lot dimensions would determine subdivision potential. At 42,755 square feet—roughly one acre—it is not a standard suburban lot size. Buyers should verify current zoning with the City of Winnipeg, and check for any easements, heritage designations, or minimum lot size requirements before assuming redevelopment options.
