1550 Mccreary Road

Wilkes South, Winnipeg

Property score

91.0

Excellent

Overall 91.0 · Larger but older than most nearby homes

3,120 sqft (top 19%) · Built in 1982 (14 yrs older than avg)

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

Transit 0.0

Living Area

Above average

30% larger than neighborhood avg.

Year Built

Below average

14 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

91.0 is composed by the two sections below.

Property Score

90.5Excellent
Living Area100
3,120 sqftExcellent
Year Built73
1982Good
Lot Size100
130,705 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

Elite
3,120 sqft
0255075100
Same streetTop 38%Same areaTop 19%CitywideTop 1%
Same street · Mccreary Road
#25 / 65
Top 38% · Avg 2,826 sqft
Same area · Wilkes South
#47 / 246
Top 19% · Avg 2,399 sqft
Citywide · Winnipeg
#1,652 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
743k
0255075100
Same streetBottom 29%Same areaBottom 38%CitywideTop 3%
Same street · Mccreary Road
#46 / 65
Bottom 29% · Avg 1.16M
Same area · Wilkes South
#152 / 246
Bottom 38% · Avg 968.9k
Citywide · Winnipeg
#5,866 / 194,458
Top 3% · Avg 390.1k

Year Built

around average
1982
0255075100
Same streetBottom 25%Same areaBottom 22%CitywideTop 32%

Lot Size

Elite
130,705 sqft
0255075100
Same streetBottom 45%Same areaTop 28%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

1550 Mccreary Road: 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: 1550 Mccreary Road, Winnipeg

Property Summary: 1550 McCreary Road

Key Characteristics & Appeal

This is a substantial, one-storey family home built in 1982, situated on an exceptionally large lot of approximately 3 acres (130,705 sq ft). Its primary appeal lies in the rare combination of generous indoor living space (3,120 sq ft) and vast outdoor potential. The home ranks in the top 1% of Winnipeg for lot size and living area, offering a private, rural-like setting within the city. Key features include an unfinished basement, an attached garage, and no pool.

The property suits buyers prioritizing land over a turn-key or modern home. It’s ideal for those seeking privacy, space for hobbies, gardening, or future expansion. The unfinished basement presents a clear project for customization. Given its age and ranking for newer builds (only newer than 22% in its community), it would likely appeal to a handy buyer or one planning renovations. The value proposition is clearly in the land and square footage, making it a strong candidate for buyers who see long-term potential over immediate luxury.

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, its lot size ranks in the top 0% city-wide, meaning it’s larger than 100% of compared properties—an extraordinary standout feature.

2. Is the land usable, or is it just a large lot?
At 3 acres, the land is a defining asset. It offers significant potential for gardening, recreation, or even subdividing (subject to city bylaws and approvals), which is a rare opportunity in Winnipeg.

3. The home is older and ranks low for "newness." What should I consider?
Built in 1982, the house is older than most in its immediate area. Buyers should budget for updates consistent with a home of this age and be prepared for a property where the land value is a major component of the price.

4. Who is this property not suited for?
It’s likely not a match for buyers seeking a low-maintenance, modern, or immediately updated home. The unfinished basement and the scale of the grounds imply ongoing projects and upkeep.

5. The assessed value is $743,000. How should I interpret this?
The assessment is for tax purposes and reflects the municipal government’s valuation. It ranks in the top 3% city-wide, confirming this is a high-value property. Market value can differ based on condition, market trends, and the unique value buyers place on such a large parcel of land.