Property score
88.1
Excellent
Overall 88.1 · Older than most nearby homes
2,020 sqft (bottom 46%) · Built in 1976 (20 yrs older than avg)
Located in a high-income area with median household income of ~159k
Transit 22.0 · 12-min walk to transit with 1 nearby route
Living Area
Near average
16% smaller than neighborhood avg.
Year Built
Below average
20 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
88.1 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
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%
1376 Liberty Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview
This is a distinctive, single-family home on an exceptionally large, 2-acre lot in Winnipeg's Wilkes South neighborhood. Built in 1976, the 2,020 sqft bungalow features a finished basement and an attached garage. Its standout feature is the immense private land, which ranks in the top tier for size city-wide. The home itself offers above-average living space compared to most Winnipeg houses. While its age and assessed value place it in the middle-to-upper range within its immediate community, the property presents a unique proposition centered on land value and space.
Key Characteristics & Appeal
The primary appeal of 1376 Liberty Street lies in its extraordinary land size. A 87,018 sqft (2-acre) lot within city limits is a rare find, offering unparalleled potential for privacy, gardening, recreation, or future expansion. The home is a spacious, practical bungalow with a finished basement, suitable for comfortable family living. Its appeal is for a specific buyer: someone who values extensive outdoor space over a brand-new home. It would perfectly suit buyers looking for a "blank canvas" property—where the land is the main asset—such as large families, hobbyists, or those planning to enjoy the benefits of a rural-sized property without leaving the city. A thoughtful perspective is recognizing that while the house itself is of average standing in its local area, the land asset makes it a top-tier property in the broader Winnipeg market, suggesting its long-term value is tied to the scarcity of such large parcels.
Frequently Asked Questions
1. What can the land be used for?
The 2-acre lot offers significant space for large gardens, sports courts, extensive landscaping, or outdoor entertaining. Buyers should verify specific zoning bylaws with the city for any intended structures or uses beyond a single-family residence.
2. What does the "finished basement" include?
The listing notes a finished basement, but specifics on layout, ceiling height, permits, and finish quality are not provided. This would be a key area for inspection and clarification.
3. How does the age of the home (1976) affect it?
The 50-year-old home will likely have older major systems (roof, windows, HVAC, plumbing). A thorough inspection is crucial to understand the condition, update history, and any upcoming capital requirements.
4. Why is the assessed value ranking lower in the neighborhood than the city-wide ranking?
This indicates that while the property's assessed value is high compared to all Winnipeg homes, there are other homes in Wilkes South with even higher assessments. It reflects the specific property mix and values within this established community.
5. Is the property competitively priced?
The price should be evaluated against two factors: the value of similar-sized homes in the area and, more uniquely, the premium for an exceptionally large urban lot. Comparing it to typical suburban homes may not capture its full value proposition.
