Here is a clean, standalone summary of the property at 1400 Loudoun Road, written in a natural, grounded tone.

Key Characteristics & Buyer Profile

This property stands out for its sheer size and value relative to the broader market, but with a few specific quirks at the local level. The home offers 3,066 square feet of living space, ranking it in the top 1% city-wide in Winnipeg—nearly two and a half times the average comparable home in the city. Built in 2013, it is also significantly newer than most city-wide inventory, though in its immediate Wilkes South neighborhood, newer builds are more common.

The assessed value of $1.32 million places it in the top 1% city-wide as well, which reflects its scale and modernity. However, the land area tells a more nuanced story. While the 55,500 sqft lot is still elite compared to the city average (which sits around 6,570 sqft), it is smaller than the typical lot on Loudoun Road and in the broader Wilkes South area. Many neighboring properties sit on over 90,000 sqft, meaning this home offers a large interior footprint without the oversized estate grounds common to the street.

The appeal here is for a buyer who wants an obvious top-tier property by city standards—large, new, and high-value—but who does not require the maximum lot size in the area. It would suit a family or professional looking for a premium home in the Wilkes South area, where newer construction and spacious floor plans are the norm, but who prefers a more manageable yard relative to the oversized local standard. It is a good fit for someone who values interior space and modern finishes over having the largest acreage on the block.

Frequently Asked Questions

1. How does the living space compare to other homes nearby?
The home’s 3,066 sqft is above average on Loudoun Road (top 14%) and in Wilkes South (top 21%). While the neighborhood has many large homes, this one is notably bigger than most. City-wide, it is in a league of its own, ranking in the top 1% for living area.

2. The lot is large, but why is it ranked lower than the street average?
The lot is still very large by any city standard—well over eight times the average Winnipeg lot. However, Loudoun Road and the Wilkes South neighborhood are known for having exceptionally generous acreages, with many properties on over 90,000 to 130,000 sqft. This lot is smaller than the local average, making it a good fit if you want land without the maintenance of an estate-sized yard.

3. Is the assessed value in line with the neighborhood?
The $1.32 million assessment is well above the average on the street and in the neighborhood, by roughly $300,000 to $400,000. This reflects the home’s larger living area and newer construction. It is ranked at the top of the market locally, but not an outlier—other top-tier homes on the street carry similar values.

4. Is a house built in 2013 considered old for this area?
Not at all. A 2013 build is newer than most homes on Loudoun Road, where the average year built is 1998. In Wilkes South, the average is 1996, and city-wide it is 1966. You are buying a relatively modern home in a neighborhood where many homes are 15 to 20 years older.

5. Is this property a good fit if I want privacy and space from neighbors?
Yes, but with a caveat. The lot is still very spacious at over an acre, providing plenty of separation from most city homes. However, because neighboring lots on this street tend to be larger, you may be closer to your immediate neighbors than on the big estate properties nearby. If maximum personal buffer is your top priority, you might want to compare it to homes on larger parcels in the area.