1505 Charleswood Road

Wilkes South, Winnipeg

Property score

84.1

Excellent

Overall 84.1 · Smaller and older than most nearby homes

1,787 sqft (bottom 30%) · Built in 1973 (23 yrs older than avg)

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

Transit 0.0

Living Area

Below average

26% smaller than neighborhood avg.

Year Built

Below average

23 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

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Property score

84.1 is composed by the two sections below.

Property Score

79.1Good
Living Area1,787 sqft86Excellent
Year Built197358Fair
Lot Size119,266 sqft100Excellent
Neighbourhood Sales Activity18Low

Community Score

91.7Excellent
Household Income94Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health90Excellent

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
1,787 sqft
0255075100
Same streetTop 25%Same areaBottom 30%CitywideTop 18%
Same street · Charleswood Road
#55 / 218
Top 25% · Avg 1,517 sqft
Same area · Wilkes South
#171 / 246
Bottom 30% · Avg 2,399 sqft
Citywide · Winnipeg
#34,394 / 194,458
Top 18% · Avg 1,342 sqft

Tax-Assessed Value

above average
609k
0255075100
Same streetTop 22%Same areaBottom 15%CitywideTop 7%
Same street · Charleswood Road
#47 / 218
Top 22% · Avg 511.1k
Same area · Wilkes South
#209 / 246
Bottom 15% · Avg 968.9k
Citywide · Winnipeg
#14,235 / 194,458
Top 7% · Avg 390.1k

Year Built

around average
1973
0255075100
Same streetBottom 49%Same areaBottom 14%CitywideTop 43%

Lot Size

Elite
119,266 sqft
0255075100
Same streetTop 10%Same areaTop 31%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 7/2024CA$650k–700k
Sold price

Same street

Top 6%

Same area

Bottom 48%

City-wide

Top 3%

Related homes

Highlights & common questions: 1505 Charleswood Road, Winnipeg

1505 Charleswood Road – Property Summary

Key Characteristics and Buyer Profile

This property sits on an exceptional 119,266 sqft land parcel that ranks in the top 1% citywide in Winnipeg for lot size. While the land itself is the standout feature, the home’s 1,787 sqft of living area is above average for its street and for the city overall, though it falls slightly below the average for the broader Wilkes South neighbourhood. The home was built in 1973, placing it around the middle of the pack on Charleswood Road and slightly older than the neighbourhood average.

The assessed value of $609,000 is notably higher than the street average of $511,100 and well above the citywide median of $390,100, ranking in the top 7% across Winnipeg. However, it sits well below the Wilkes South neighbourhood average of $968,900, reflecting that this property is more modest in structure compared to many of its neighbours, despite its sizable lot.

Where the appeal lies: The land is the primary asset here. For buyers who value space, privacy, or potential for subdivision, this lot offers rare scale. The home itself is functional and above average for its street, but not the main draw.

Ideal buyer: Someone looking for a large lot in a well-established area who is willing to invest in an older home or potentially redevelop. It may also suit a buyer who wants a quiet, spacious yard in a lower-density part of Winnipeg without paying for a brand-new or luxury property.


Frequently Asked Questions

1. How does the land size compare to typical Winnipeg lots?
This lot is in the top 1% citywide. With nearly 120,000 sqft, it is about 18 times larger than the average single-family lot in Winnipeg (roughly 6,500 sqft). On its street, it ranks in the top 10%.

2. Why is the assessed value below the neighbourhood average if the lot is so large?
The Wilkes South neighbourhood includes many newer and larger homes, some built in the 1990s or later with higher square footage. The house at 1505 Charleswood Road was built in 1973 and has a living area of 1,787 sqft, which is smaller and older than many nearby properties, so the overall assessed value reflects the structure, not just the land.

3. Is the home considered old compared to others in Winnipeg?
The home is about average for the city (built 1973 vs. citywide median of 1966), but it is older than the Wilkes South neighbourhood average of 1996. Buyers should factor in typical maintenance and updates for a home over 50 years old.

4. Could this property be subdivided or developed further?
The lot size suggests potential, but zoning and local regulations are not covered in this data. A buyer would need to check with the City of Winnipeg planning department to understand what’s possible. Many large lots in established areas come with restrictions on minimum lot sizes or frontage.

5. How does the living space compare to other homes on this street?
It ranks in the top 25% on Charleswood Road, with 1,787 sqft versus a street average of 1,517 sqft. So it is one of the larger homes on the street, though not the largest. It is still well under the neighbourhood average of 2,399 sqft.

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