Here is a clean summary of the property at 1885 Loudoun Road, written for direct display on a webpage.

Key Characteristics & Buyer Profile

This property stands out most for its land and its citywide positioning. The lot is nearly 130,000 square feet, placing it in the top 1% citywide and well above the average on its own street. The home itself is a modern build from 2008, which is newer than the vast majority of homes in Winnipeg (top 13%). With 2,493 square feet of living space, it is comfortably larger than the city average and ranks in the top 3% citywide for size. The assessed value of $1.01M reflects this combination of a large, new home on an exceptional piece of land, placing it in the top 1% of all properties in Winnipeg by value.

The appeal here is nuanced. Most large lots in this price range come with older homes that need work, or are located far from the city. This property avoids both traps: the house is relatively new and in a well-established neighbourhood (Wilkes South), and the lot is genuinely oversized by local street standards. It is not simply a large house on a standard plot.

This property would suit a buyer who values space—both indoors and outdoors—but wants a move-in-ready home rather than a renovation project. It is ideal for someone who needs a large, private yard in a mature suburban setting without sacrificing a modern floor plan. It may also appeal to buyers who intend to keep horses, run a home-based business requiring space, or simply want separation from neighbours that a typical city lot cannot provide. Because the home is newer and well-ranked on its street, it is also a practical choice for someone looking for long-term stability in a desirable area, rather than a speculative fixer-upper.

Frequently Asked Questions

1. How does the property actually compare to other homes on this specific street?
On Loudoun Road, this home is above average in almost every category. It ranks 9th out of 70 for lot size (top 13%), 16th out of 70 for assessed value (top 23%), and 19th out of 70 for living area (top 27%). It is also newer than the street average (2008 vs. 1998). This means it is one of the larger, newer, and more valuable properties on its immediate street, not just in the broader area.

2. Can you explain why the land area is so much higher than the city average but still ranked slightly above average in the neighbourhood?
The citywide average lot size in Winnipeg is roughly 6,570 square feet, which is typical for a standard urban lot. This property’s 129,681 sqft lot is enormous by that standard. However, the Wilkes South neighbourhood contains many large, estate-style properties. The average lot in this neighbourhood is about 136,915 sqft, which is actually slightly larger than this property. So while this lot is massive compared to most of Winnipeg, it is only "above average" within its own neighbourhood.

3. The assessed value is $1.01M, but what does that actually tell me about the property vs. buying it?
The assessed value is a strong indicator that the home is priced in line with its peer group in a very high-value tier. Citywide, it is in the top 1% of all properties, meaning it competes with the most expensive homes in Winnipeg. On its street and in its neighbourhood, it is ranked similarly high (top 23% and top 29%, respectively). This suggests the property is not an outlier in terms of value; it is simply in a premium bracket and ranks consistently well across all three geographic scopes.

4. Is 2,493 sqft considered large for a newer home in this area?
Locally, yes. On Loudoun Road, the average living area is 2,297 sqft, and this home is 196 sqft above that. It is also slightly above the Wilkes South average of 2,399 sqft. Nationally and citywide, it is elite—the citywide average for comparable homes is only 1,342 sqft. So while you will find larger homes in other parts of the city, this is a spacious, above-average size for its immediate street and neighbourhood.

5. The home was built in 2008. Is that considered modern for this market?
Yes, particularly for this area. The average year built on Loudoun Road is 1998, and in Wilkes South it is 1996. This property is a full decade newer than those averages. Citywide, most homes date from 1966, meaning this home is roughly 40 years newer than the typical Winnipeg house. For a buyer who wants modern construction, current building standards, and less immediate maintenance than an older home, this is a strong point. It is not brand new, but it is clearly in the newer tier for its location.