1269 Liberty Street

Property Overview

This is a distinctive single-family home in Winnipeg's Wilkes South neighbourhood, built in 2000. Its defining feature is an exceptionally large, 55,239 sqft lot, placing it in the top 1% of all properties in Winnipeg for land size. The home itself is a 1,904 sqft bungalow with a finished basement and an attached garage. Its overall assessed value ranks within the top 3% citywide, indicating a premium property. The appeal lies in the rare combination of a modern, manageable single-storey home with vast, private grounds more typical of rural acreages, yet located within the city. It suits buyers seeking space for privacy, gardening, or future expansion without the maintenance of a large house, or those looking for a unique asset where the land itself holds significant value.

Key Details & Suitability

• Key Characteristics: A 2000-built bungalow on a massive, flat lot (over 1.25 acres). It offers modern amenities with a finished basement and attached garage, all within city limits.
• Primary Appeal: The extraordinary land size is the star here. It provides unparalleled privacy, space for recreation, hobbies, or landscaping projects, and potential for future additions like a workshop, pool, or secondary suite (subject to zoning).
• Ideal Buyer: This property suits someone who values expansive outdoor space over excessive square footage indoors. It's ideal for families wanting room to play, gardening enthusiasts, or buyers viewing the land as a long-term investment. It also fits those seeking a modern, single-level living layout with room to customize their surroundings.

Frequently Asked Questions

1. What does the ranking data (e.g., "top 1% for land") actually mean?
It means this property's lot size is larger than 99% of all residential properties in Winnipeg, making it an exceptionally rare find within the city. The other rankings compare its age, size, and value to immediate neighbours and the wider market.

2. Is the house too small for such a large lot?
Not necessarily. The bungalow layout offers efficient, single-level living. For many buyers, the value proposition is the land itself. The home provides comfortable modern living, while the lot offers the freedom to enjoy outdoor space or plan future enhancements.

3. What are the annual property taxes?
While the exact amount isn't listed here, taxes are based on the assessed value of $747,000. You can calculate an estimate using the City of Winnipeg's current mill rate, but consulting a real estate agent for precise figures is recommended.

4. What could the land be used for?
The vast lot is zoned for residential use. Potential uses include extensive gardens, sports courts, a large detached garage or workshop, or possibly subdividing in the future if municipal zoning allows. Any major changes would require verifying current zoning bylaws and obtaining permits.

5. How does the location in Wilkes South balance privacy and convenience?
Wilkes South offers a more suburban, spacious feel. While you gain immense privacy on your own lot, you will likely rely on a vehicle for most shopping and amenities. It's a trade-off: maximum private space versus immediate walkability to urban services.