1489 Liberty Street

Wilkes South, Winnipeg

Property score

84.1

Excellent

Overall 84.1 · Smaller and older than most nearby homes

1,756 sqft (bottom 28%) · Built in 1971 (25 yrs older than avg)

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

Transit 0.0

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Below average

25 yrs older 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

84.1 is composed by the two sections below.

Property Score

79.1Good
Living Area86
1,756 sqftExcellent
Year Built58
1971Fair
Lot Size100
82,013 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
1,756 sqft
0255075100
Same streetBottom 27%Same areaBottom 28%CitywideTop 19%
Same street · Liberty Street
#37 / 51
Bottom 27% · Avg 2,394 sqft
Same area · Wilkes South
#177 / 246
Bottom 28% · Avg 2,399 sqft
Citywide · Winnipeg
#36,502 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

Elite
709k
0255075100
Same streetBottom 35%Same areaBottom 30%CitywideTop 4%
Same street · Liberty Street
#33 / 51
Bottom 35% · Avg 978.5k
Same area · Wilkes South
#171 / 246
Bottom 30% · Avg 968.9k
Citywide · Winnipeg
#7,139 / 194,458
Top 4% · Avg 390.1k

Year Built

around average
1971
0255075100
Same streetBottom 10%Same areaBottom 11%CitywideTop 47%

Lot Size

Elite
82,013 sqft
0255075100
Same streetTop 35%Same areaBottom 24%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

1489 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.

Related homes

Highlights & common questions: 1489 Liberty Street, Winnipeg

Property Overview & Key Characteristics

This property is defined by its exceptional land size and solid, established presence. Situated on an 82,013 sqft lot—a rare urban holding that places it in the top 1% of all Winnipeg properties by land area—it offers immense space and privacy. The 1,756 sqft, one-and-a-half storey home, built in 1971, features a finished basement and an attached garage. While the house itself is of a comfortable size and ranks well above average city-wide, its age is reflected in its community rankings, positioning it as a classic, well-maintained structure rather than a modern build.

The primary appeal lies in the unparalleled potential of the land itself. This isn't just a yard; it's a canvas for extensive gardens, recreational space, or future expansion. The high assessment value suggests the property is a significant asset. It would perfectly suit a buyer who values space over flashy updates—someone looking for a peaceful retreat within the city, a multi-generational family needing room to spread out, or a visionary buyer who sees the long-term value in securing such a large parcel of land. It’s a property for those who measure value in acreage and possibility, not just square footage and recent renovations.


Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in its neighbourhood (Wilkes South), and across all of Winnipeg. For example, being in the top 1% for land size in Winnipeg highlights just how rare a lot of this scale is. The varying rankings for age and living area give a balanced picture of where the property excels and where it is more typical for its immediate area.

2. Is the house in need of major updates?
Built in 1971, the home is over 50 years old. Its rankings show it is among the older homes in its specific street and community. Prospective buyers should budget for updates consistent with a home of this vintage, though the presence of a finished basement indicates some level of modernization.

3. How can the large lot be utilized?
The nearly 1.9-acre lot offers rare opportunities for urban gardening, installing sport courts or a pool, keeping pets, or simply enjoying vast private green space. It also represents significant future potential, subject to local zoning bylaws.

4. Who determines the assessed value, and is it accurate?
The assessment of $709,000 is set by the municipal authority for taxation purposes. It is a formal estimate of the property's market value as of a specific date and is a strong indicator of its worth, especially given it places the property in the top 3% city-wide.

5. What is a "One & 1/2 Storey" design?
This common architectural style typically features a main floor with full-height ceilings and a second floor with sloping ceilings where the roofline descends, often creating cozy bedrooms or unique spaces. It offers more character and space than a bungalow but with a different layout than a full two-storey home.