1470 Liberty Street

Wilkes South, Winnipeg

Property score

90.1

Excellent

Overall 90.1 · Compared with neighbourhood average

2,112 sqft (top 49%) · Built in 1998 (2 yrs newer than avg)

Located in a high-income area with median household income of ~159k

Transit 0.0

Living Area

Near average

12% smaller than neighborhood avg.

Year Built

Below average

2 yrs newer than neighborhood avg.

Mother tongue

English · 81%Chinese · 1%

Past 10 years Wilkes South sales snapshot (~80% of all data)

Sold Count

58

Median price

1.6M

$/sqft

$506/sqft

Avg build year

1996

Need help understanding this property?

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

Property score

90.1 is composed by the two sections below.

Property Score

89.1Excellent
Living Area94
2,112 sqftExcellent
Year Built84
1998Excellent
Lot Size100
44,108 sqftExcellent
Neighbourhood Sales Activity18
Low

Community Score

91.7Excellent
Household Income94
Excellent
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health90
Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111062

Community deep dive

$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

Population, labour & age

Population (2021)724
Labour force participation rate73%
Median age42.0
Avg household size3.1
Unemployment rate2%
Population density27 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households10%
Couple families with children47%
Median household income (2020)$159K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$800K

Diversity, education & language

Immigrants (share of pop.)8%
Visible minority10%
Bachelor's or higher (25–64)46%
Mother tongue (1st)English · 80%
Mother tongue (2nd)Chinese · 0%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
2,112 sqft
0255075100
Same streetBottom 47%Same areaTop 49%CitywideTop 8%
Same street · Liberty Street
#27 / 51
Bottom 47% · Avg 2,394 sqft
Same area · Wilkes South
#121 / 246
Top 49% · Avg 2,399 sqft
Citywide · Winnipeg
#16,010 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

Elite
869k
0255075100
Same streetTop 41%Same areaTop 43%CitywideTop 2%
Same street · Liberty Street
#21 / 51
Top 41% · Avg 978.5k
Same area · Wilkes South
#105 / 246
Top 43% · Avg 968.9k
Citywide · Winnipeg
#3,279 / 194,458
Top 2% · Avg 390.1k

Year Built

above average
1998
0255075100
Same streetTop 45%Same areaBottom 39%CitywideTop 18%

Lot Size

Elite
44,108 sqft
0255075100
Same streetBottom 27%Same areaBottom 13%CitywideTop 1%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

Search radius
No data within 500 m.

Crime & Safety

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%

Sales History

Sold 7/2023CA$0.95M–1M
Sold price

Same street

Top 44%

Same area

Top 35%

City-wide

Top 1%
Sold 7/2019CA$650k–700k
Sold price

Same street

Bottom 25%

Same area

Bottom 43%

City-wide

Top 4%

Related homes

Highlights & common questions: 1470 Liberty Street, Winnipeg

Property Overview: 1470 Liberty Street, Winnipeg

Key Characteristics & Appeal

This property is a standout offering in Winnipeg’s Wilkes South neighbourhood, built in 1998. Its most defining feature is the exceptionally large, one-acre lot (44,108 sqft), which places it in the top 1% of all properties in Winnipeg for land size. The home itself is a spacious 2,112 sqft bi-level with a finished basement and a combined attached/detached garage setup. Recent market activity is strong, with a sale in July 2023 at $951,000, well above the current assessed value of $869,000.

The appeal lies in the rare combination of generous, modern living space and vast, private outdoor grounds within the city—a true “country-like” setting without leaving Winnipeg. It suits buyers who prioritize land and privacy above all else, such as families seeking room for play, gardening, or future expansion, or those who value the potential for outdoor hobbies and entertaining on a grand scale. The strong value rankings, especially for land size and recent sale price, indicate a property that is both a comfortable home and a competitive asset in the broader market.

Frequently Asked Questions

1. What does the "bi-level" design mean for daily living?
A bi-level typically features a split entry, with living areas spread over two main levels accessed from a central foyer. This design often creates distinct zones for living and sleeping, and can offer good separation of space, but may involve more stairs than a traditional bungalow.

2. How does the massive lot impact maintenance and costs?
While offering unparalleled privacy and space, a one-acre lot requires significant upkeep for lawn care, landscaping, and snow removal. Prospective buyers should budget accordingly for their own equipment or for professional maintenance services.

3. The 2023 sale price is higher than the current assessed value. Why is that?
Assessed values are for municipal tax purposes and can lag behind rapid market changes. The recent sale price is a clearer reflection of current market demand and the premium buyers are willing to pay for such a unique, large-lot property.

4. What is the significance of the combined attached/detached garage?
This flexible setup provides both the convenience of direct access to the home and the potential for a detached workshop, studio, or extra vehicle storage, which complements the property’s expansive, versatile nature.

5. The home ranks highly city-wide but lower within its own street and community. What does this indicate?
This suggests the immediate area may consist of other very substantial properties, making it a prime enclave. The home’s superior rankings across all of Winnipeg confirm its rarity and appeal on a macro scale, even if it's among peers locally.