1314 Liberty Street

Wilkes South, Winnipeg

Property score

91.6

Excellent

Overall 91.6 · Larger but older than most nearby homes

4,384 sqft (top 6%) · Built in 1987 (9 yrs older than avg)

Located in a high-income area with median household income of ~159k

Transit 30.0 · 11-min walk to transit with 1 nearby route

Living Area

Above average

83% larger than neighborhood avg.

Year Built

Below average

9 yrs older than neighborhood avg.

Mother tongue

English · 81%Chinese · 1%

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

Sold Count

58

Median price

1.6M

$/sqft

$506/sqft

Avg build year

1996

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Property score

91.6 is composed by the two sections below.

Property Score

91.5Excellent
Living Area100
4,384 sqftExcellent
Year Built78
1987Good
Lot Size100
51,284 sqftExcellent
Neighbourhood Sales Activity18
Low

Community Score

91.7Excellent
Household Income94
Excellent
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health90
Excellent

Neighbourhood Sales

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.

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: #46111062

Community deep dive

$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

Population, labour & age

Population (2021)724
Labour force participation rate73%
Median age42.0
Avg household size3.1
Unemployment rate2%
Population density27 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households10%
Couple families with children47%
Median household income (2020)$159K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$800K

Diversity, education & language

Immigrants (share of pop.)8%
Visible minority10%
Bachelor's or higher (25–64)46%
Mother tongue (1st)English · 80%
Mother tongue (2nd)Chinese · 0%

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

Rankings

Living Area

Elite
4,384 sqft
0255075100
Same streetTop 4%Same areaTop 6%CitywideTop 1%
Same street · Liberty Street
#2 / 51
Top 4% · Avg 2,394 sqft
Same area · Wilkes South
#14 / 246
Top 6% · Avg 2,399 sqft
Citywide · Winnipeg
#295 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.24M
0255075100
Same streetTop 24%Same areaTop 20%CitywideTop 1%
Same street · Liberty Street
#12 / 51
Top 24% · Avg 978.5k
Same area · Wilkes South
#50 / 246
Top 20% · Avg 968.9k
Citywide · Winnipeg
#971 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
1987
0255075100
Same streetBottom 43%Same areaBottom 28%CitywideTop 25%

Lot Size

Elite
51,284 sqft
0255075100
Same streetBottom 43%Same areaBottom 17%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

Search radius
No data within 500 m.

Crime & Safety

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%

Sales History

Sold 7/2021CA$1.1M–1.15M
Sold price

Same street

Top 38%

Same area

Top 28%

City-wide

Top 1%
Sold 9/2017CA$800k–850k
Sold price

Same street

Bottom 44%

Same area

Top 40%

City-wide

Top 2%

Related homes

Highlights & common questions: 1314 Liberty Street, Winnipeg

1314 Liberty Street – Property Summary

Key Characteristics & Buyer Profile

This is a large, high-value property in Winnipeg’s Wilkes South area, built in 1987. The home offers 4,384 square feet of living space on a 51,284-square-foot lot. Assessed at $1.24 million, it ranks in the top 1% citywide for both living area and land size, and in the top 1% for assessed value. On its own street, Liberty Street, it ranks second for living area and twelfth for assessed value—meaning it stands out even among larger homes in the area. The lot, while generous by city standards, is actually smaller than the average for its immediate neighbourhood, where many properties sit on over six figures of land.

The appeal lies in the combination of a very large home on a substantial lot within a well-established neighbourhood. It’s not the newest build (the neighbourhood average is 1996), but its citywide ranking for living space and value signals a property that offers far more square footage and land than typical Winnipeg homes. Buyers who value interior space and a solid lot over a modern build date will find this compelling. It would suit someone looking for a long-term family home, a hobby farmer or gardener wanting room to work, or a buyer who wants a property that holds its own in terms of size and value relative to the rest of the city—without being the largest or priciest on its street.


Frequently Asked Questions

1. How does this property compare to others on Liberty Street?
It’s one of the biggest and most valuable homes on the street. It ranks 2nd for living area and 12th for assessed value out of 51 comparable homes. While the lot size is around average for the street (29th out of 51), the house itself is significantly larger than most.

2. Is the lot large enough for a secondary suite or garden?
At just over 51,000 square feet (roughly 1.2 acres), the lot is far bigger than a typical city property. It’s well above citywide averages, but in Wilkes South it’s considered on the smaller side—many nearby lots are over 130,000 square feet. You’d have substantial room for a large garden, outbuildings, or possibly a secondary suite, but local zoning rules would need to be checked.

3. The home was built in 1987. Is that considered old for this area?
It’s older than most homes in Wilkes South, where the average build year is 1996 (this home ranks 178th out of 246 for age in the neighbourhood). Citywide, however, a 1987 build is newer than average. Buyers should expect that mechanical systems, roof, windows, and finishes may be original or nearing replacement age, depending on prior upkeep.

4. What does the assessed value of $1.24M actually mean?
It’s a highly assessed property—top 1% citywide—but it’s not the most expensive on its street or in its neighbourhood. On Liberty Street it ranks 12th out of 51, so there are pricier homes nearby. The assessment reflects a combination of size, location, and market conditions, but it doesn’t necessarily indicate recent renovations or premium finishes.

5. What’s the neighbourhood like?
Wilkes South is a higher-end residential area with large lots and mature homes. It’s not a dense urban neighbourhood; you’d typically find more space and privacy here than in central Winnipeg. The trade-off is that it’s less walkable to amenities, and the older housing stock means maintenance costs can be higher than in newer subdivisions.