Property score
87.4
Excellent
Overall 87.4 · Larger but older than most nearby homes
4,570 sqft (top 5%) · Built in 1958 (38 yrs older than avg)
Located in a high-income area with median household income of ~159k
Transit 0.0
Living Area
Above average
90% larger than neighborhood avg.
Year Built
Below average
38 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
87.4 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 7% | Bottom 7% | Top 18% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview
This is a distinctive 4-level split home on an exceptionally large, mature lot in Winnipeg's Wilkes South neighborhood. Built in 1958, its primary appeal lies in the combination of generous, well-above-average living space and a truly rare land parcel of over 131,000 square feet. The home itself, at 4,570 sqft of finished living area including a developed basement, offers substantial room for a large or multi-generational family. Its rankings show it outperforms the vast majority of homes in Winnipeg for both lot size and living area, placing it in a unique category.
The property would best suit buyers who prioritize land and space over a modern build. It's ideal for someone seeking privacy, room for gardens, recreational space, or future expansion, and who appreciates the character and layout of a well-maintained split-level home. The significant increase in assessed value since its 2017 purchase indicates substantial improvement and perceived market potential. A thoughtful perspective for a buyer is to see this not just as a home, but as a long-term property holding where the land itself represents a major, appreciating asset in a city where lots of this size are virtually nonexistent.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in its community, and across all of Winnipeg. For example, being in the "top 0%" for lot size in Winnipeg means it has a larger lot than 100% of compared properties, making it exceptionally rare.
2. The house was built in 1958. What should I consider?
While the home has been updated (note the finished basement), a buyer should budget for ongoing maintenance typical of a older home and consider a thorough inspection of major systems like roof, plumbing, and electrical to understand their condition and lifespan.
3. How does the assessed value relate to the asking price?
The assessed value of $979,000 is for municipal tax purposes and reflects the city's valuation. The listing price is set by the seller based on the current market. The two figures can differ, and the recent sale history shows significant growth from its last sale price.
4. What are the practical implications of such a large lot?
Beyond privacy and space, consider the ongoing responsibility: property taxes are likely influenced by the land value, and maintenance like landscaping or snow clearing requires more time, equipment, or cost if hired out. It also offers unique opportunities like adding a workshop, extensive gardening, or even potential subdivision subject to city zoning approval.
5. What is a 4-level split layout like?
This design features multiple short flights of stairs separating living zones, offering good separation between living, sleeping, and recreational areas. It's excellent for defining private spaces but may be less suitable for those seeking single-level living or with mobility concerns. The finished basement adds a significant fourth level of flexible space.
