Property score
86.3
Excellent
Overall 86.3 · Older than most nearby homes
1,930 sqft (bottom 42%) · Built in 1972 (24 yrs older than avg)
Located in a high-income area with median household income of ~159k
Transit 0.0
Living Area
Near average
20% smaller than neighborhood avg.
Year Built
Below average
24 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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86.3 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%
1400 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
1400 Liberty Street presents a unique proposition in Winnipeg's Wilkes South neighbourhood. Its primary appeal lies in the exceptional land size—over 54,000 square feet—which is a rare find within the city and places it in the top 1% of all Winnipeg properties for lot size. The home itself is a 1,930 sqft, one-storey bungalow built in 1972, featuring an unfinished basement and an attached garage. While the house ranks in the middle tiers for size and condition within its immediate area, the sheer scale of the land offers transformative potential beyond the existing structure.
This property would best suit a specific type of buyer: those who value space and privacy above turn-key convenience. It's ideal for someone with a vision for extensive outdoor use—whether for gardening, recreation, or keeping animals—or for a buyer planning a future renovation or rebuild who wants to secure a massive lot now. It’s less suited for those seeking a modern, low-maintenance home without any projects.
A less obvious perspective is the value of "permission" that comes with such a lot. The space allows for additions like a large workshop, secondary suite, or pool that wouldn't be feasible on a standard plot. Additionally, its rankings suggest it's a property of contrasts: it sits on a premier piece of land, yet the dwelling itself is more modest, indicating that its true value is anchored in the dirt it sits on rather than the current structure.
Frequently Asked Questions
1. What can the land be used for?
The 1.25-acre lot is zoned residential. Its vast size allows for possibilities not found on typical city lots, such as extensive landscaping, large gardens, substantial outdoor storage or workshops (subject to bylaws), and plenty of room for children or pets to play.
2. Is the basement developable?
Yes, the basement exists but is currently unfinished. This presents a straightforward opportunity to add significant living space, such as additional bedrooms, a family room, or a rental suite, according to the buyer's needs and budget.
3. How does the age of the home affect its value?
Built in 1972, the home will likely require updates to mechanical systems, windows, or insulation. However, the property's overall value is heavily weighted toward the land. A buyer should budget for modernizations but can be confident that the lot itself is a lasting and appreciating asset.
4. Why are the assessment rankings for the house itself lower than for the land?
The rankings compare specific features. The lot size is exceptional (top 1%), while the home's size, assessed value, and age are more average or below average for its immediate area. This highlights the property's character: you are primarily purchasing land with a usable existing home.
5. What is the neighbourhood like?
Wilkes South is a mature, established community. The property's rankings show it is on a street with a mix of homes, and it offers more privacy and space than 99% of properties in Winnipeg, while still being part of a conventional residential area.
