Property score
87.0
Excellent
Overall 87.0 · Older than most nearby homes
2,280 sqft (top 42%) · Built in 1969 (27 yrs older than avg)
Located in a high-income area with median household income of ~159k
Transit 0.0
Living Area
Near average
5% smaller than neighborhood avg.
Year Built
Below average
27 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
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87.0 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 44% | Bottom 45% | Top 4% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview
This is a classic two-storey home on an exceptionally large, 20,000 sqft lot in Winnipeg's Wilkes South neighbourhood. Built in 1969, the 2,280 sqft house features a finished basement and sits in a quiet, established area. Its standout feature is the land itself—a rare, expansive parcel that ranks in the top 1% for size citywide. While the home's assessed value is modest for its size, a recent sale in June 2024 at $688,000 suggests strong market interest, likely driven by the lot's potential. This property suits buyers looking for space, privacy, and a long-term project. It’s ideal for someone who values a large yard for gardens, recreation, or future expansion over a brand-new, turn-key home. The appeal lies in the opportunity it presents: a solid, spacious house on a piece of land that is increasingly hard to find within the city.
Key Considerations: Frequently Asked Questions
What does the lot's top 1% ranking really mean? It means the physical land area is larger than 99% of residential properties in Winnipeg. This isn't just a big yard; it's a canvas for landscaping, adding structures like a garage or workshop, or simply enjoying unparalleled privacy for an in-city location.
The home is older and the assessment is lower than the sale price. Why? The municipal assessment often lags behind rapid market shifts. The recent sale price likely reflects what buyers are willing to pay for the unique combination of a very large lot and a liveable home—a premium for the land's scarcity and potential that isn't fully captured in the assessment.
Who would this property suit best? It's perfect for a growing family that prioritizes outdoor space over a modern interior, a multi-generational household needing room to adapt, or a visionary buyer who sees the long-term value in a large, central lot. It's less suited for those seeking a low-maintenance, updated property.
Are there any immediate drawbacks to consider? The home itself ranks average or below for its age and value within its immediate street and community, indicating it may be one of the older or more modestly updated houses on the block. The lack of a garage is also a notable consideration for Winnipeg winters.
What's the less obvious perspective here? This property represents a trade-off. You're investing significantly in land rather than a finished product. The value will come from your enjoyment of the space and future possibilities, not from high-end finishes or a new build. It's a strategic purchase for the long term.
