Property score
79.8
Good
Overall 79.8 · Smaller and older than most nearby homes
1,394 sqft (bottom 7%) · Built in 1976 (20 yrs older than avg)
Located in a high-income area with median household income of ~159k
Transit 0.0
Living Area
Below average
42% 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
79.8 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%
1451 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 & Appeal
This unique property is defined by its extraordinary land size of nearly 39,325 sqft, a rare find that places it in the top 1% of all Winnipeg lots. The home itself is a 1,394 sqft one-storey bungalow from 1976, featuring a finished basement, an in-ground pool, and both attached and detached garage spaces. Its primary appeal lies not in the size of the house, but in the immense potential of the land. It offers a private, resort-like setting within the city, perfect for extensive gardening, recreation, or future expansion.
The home would best suit a buyer who values space and privacy over a modern or large residence. It's ideal for someone with a vision—whether that's creating a private compound, enjoying summer days by the pool, or seeing the value in a land asset that significantly outpaces the building itself. It’s a property for those who understand that the true value here is in the ground it sits on, offering a lifestyle of quiet seclusion rarely available so close to urban amenities.
Frequently Asked Questions
1. How does such a large lot impact costs?
While offering great privacy, a lot of this size typically means higher property taxes relative to the home's square footage, and maintenance (like lawn care or snow clearing) requires more time or investment in equipment/services.
2. Is the 1976 build date a concern?
The home is 50 years old, so a thorough inspection is essential to assess the condition of major systems like roof, plumbing, and electrical. Its ranking shows it's newer than 57% of Winnipeg homes, but proactive maintenance will be key.
3. What does the "finished basement" include?
The listing notes a finished basement but does not specify the extent, quality, or if it includes legal egress. Clarifying the finish level and whether it adds functional living space or just recreational room is important.
4. The assessment value is high, but the house is modest. Why?
The $614,000 assessment overwhelmingly reflects the value of the land, not the structure. This is confirmed by its top 6% city-wide ranking for assessed value, despite the home's size and age rankings being more moderate.
5. Are there any development possibilities for the land?
While the large lot sparks imagination, any development (like a subdivision or building a second home) would be subject to local zoning bylaws and city approval. A buyer with such plans should investigate these regulations thoroughly before purchasing.
