Property score
75.1
Good
Overall 75.1 · Smaller and older than most nearby homes
1,240 sqft (bottom 6%) · Built in 1960 (36 yrs older than avg)
Located in a high-income area with median household income of ~159k
Transit 0.0
Living Area
Below average
48% smaller than neighborhood avg.
Year Built
Below average
36 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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75.1 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%
1435 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 & Key Characteristics
This is a distinctive, one-storey home in Winnipeg's Wilkes South neighbourhood, sitting on an exceptionally large, approximately 2.9-acre lot. Its primary appeal lies in the extraordinary scale and potential of its land, which ranks in the top tier for size across the entire city. The 1,240 sqft bungalow itself, built in 1960, features a finished basement and a detached garage. While the house is modest in size and typical of its era, the property offers a rare opportunity for buyers seeking space, privacy, and long-term potential in an established urban area.
This property would perfectly suit a buyer with a vision for the land itself. It's ideal for someone looking for extensive outdoor space for hobbies, gardening, or future expansion, or an investor/developer who recognizes the unique value of such a large parcel within city limits. It may also appeal to a buyer willing to live in the existing home while planning a future custom build, effectively using the current structure as a stepping stone.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Wilkes South, and across all of Winnipeg. Key takeaways: its land size is in the top 0% city-wide (extremely rare), while the house itself is older and smaller than most in its immediate area. The assessment value ranks highly city-wide, likely reflecting the land premium.
2. Is the house in good condition?
The listing confirms a finished basement but does not specify the renovation level or condition of major systems. Given the 1960 build date, a prospective buyer should budget for a thorough inspection to assess the roof, foundation, plumbing, and electrical, which may require updates.
3. What can I do with all that land?
The nearly 3 acres offer significant flexibility beyond a large yard. Potential uses could include extensive landscaping, adding outbuildings (subject to bylaws), creating recreational spaces, or even subdivision potential. Its value is as a blank canvas for outdoor living or future development.
4. Why is the assessment value high compared to the home's age and size?
The municipal assessment reflects both the building and the land value. In this case, the exceptionally high land value—due to its massive size and scarcity in the city—drives the total assessment, not the characteristics of the 1,240 sqft bungalow.
5. What are the less obvious considerations?
Maintaining 2.9 acres requires considerable time or expense for landscaping and snow removal. Utility costs and property taxes may be higher due to the lot size. Also, the home's interior layout and ceiling heights will be characteristic of 1960s bungalows, which may influence renovation plans. The value here is fundamentally in the land, not the existing structure.
