Property score
92.1
Excellent
Overall 92.1 · Newer than most nearby homes
2,315 sqft (top 41%) · Built in 2015 (19 yrs newer than avg)
Located in a high-income area with median household income of ~159k
Transit 30.0 · 9-min walk to transit with 1 nearby route · Within 500m: 1 place of worship nearby
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Above average
19 yrs newer 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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92.1 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
1270 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 | Top 25% | Top 20% | Top 1% |
Request exact sold prices and history by email
Address · Distance
This property stands out for its strong value and modern construction relative to the broader Winnipeg market. The home was built in 2015, placing it in the top 7% citywide for newer builds—a significant advantage on a street where the average home was built in 1992. Its assessed value of $1.24 million is in the top 1% across the city, yet the living area (2,315 sqft) is only slightly below the average on Liberty Street and in the Wilkes South neighborhood. In other words, you’re getting a newer, high-value home in a neighborhood where comparable properties are older and often higher-priced per square foot.
The land area is where this property diverges: at just under an acre (47,095 sqft), it’s on the smaller side for the street and well below the neighborhood average of nearly 3.1 acres. Citywide, however, that lot size is elite (top 1%), reflecting how uncommon such generous land is in Winnipeg overall. The appeal here is less about maximum acreage and more about balance: a modern, well-sized home on a large lot by city standards, in an area where neighbors tend to have much older houses and more land.
This property would suit a buyer who values a newer, turnkey home in a suburban-style setting, without needing an oversized estate lot. It’s also a good fit for someone who wants strong citywide value rankings (top 1% in assessed value) but is comfortable being in the middle of the pack on the street itself. It may be less ideal for buyers prioritizing privacy or land mass, as the lot is modest relative to the immediate area.
1. Why is the assessed value so high compared to the neighborhood average, but the living area is only average?
The assessed value reflects overall property worth, which here is driven heavily by the home’s newer build (2015) and its citywide desirability. Living area is just one factor; condition, layout, finishes, and market demand for newer construction all push the value higher. The neighborhood average for year built is 1996, so many nearby homes are older and likely valued lower even if they have similar square footage.
2. How does the lot size affect daily use and maintenance?
At 47,095 sqft (just under 1.1 acres), this is a large garden lot by city standards but manageable for most homeowners. It’s small enough to mow with a standard riding mower and won’t require the heavy equipment or time needed for multi-acre properties common in this neighborhood. Expect moderate yard work, with room for gardens, play areas, or a shop, but no need for a tractor or hired landscaping crew.
3. Is this a desirable street or neighborhood?
The street ranking tells a mixed story: the home ranks near the middle for lot size and living area, but high for assessed value and year built. This suggests Liberty Street has a range of housing stock, and this property is a newer entry in an older, well-established area. The Wilkes South neighborhood is above-average for newer builds and values, so you’re in a stable, desirable pocket—but it may not be the most exclusive part of the area.
4. How does this home compare to newer subdivisions in Winnipeg?
This home was built in 2015, so it’s recent enough to have modern construction standards and energy efficiency, but not brand new. Compared to outer-ring subdivisions where 2,000+ sqft homes on smaller lots (often under 5,000 sqft) are common, this property offers significantly more land. The citywide lot ranking (top 1%) makes it a rare find for someone who wants acreage without leaving the city—or without paying a premium for a new build in a far-flung development.
5. What should I check before making an offer?
Because the land area is large relative to city norms but small for the street, check zoning and any subdivision potential or restrictions—this lot may not be easy to split, and the assessed value suggests the land itself is a significant part of the price. Also verify the condition of the home’s major systems (roof, HVAC, windows) since 2015 construction is now about a decade old. Finally, confirm property taxes on the $1.24M assessment, as they may be notably higher than on a newer home in a lower-value area.
