1978 Loudoun Road

Wilkes South, Winnipeg

Property score

89.4

Excellent

Overall 89.4 · Compared with neighbourhood average

1,911 sqft (bottom 39%) · Built in 1999 (3 yrs newer than avg)

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

Transit 0.0

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Near average

3 yrs newer 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

Need help understanding this property?

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

Property score

89.4 is composed by the two sections below.

Property Score

87.9Excellent
Living Area92
1,911 sqftExcellent
Year Built84
1999Excellent
Lot Size100
109,002 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

above average
1,911 sqft
0255075100
Same streetBottom 41%Same areaBottom 39%CitywideTop 13%
Same street · Loudoun Road
#41 / 70
Bottom 41% · Avg 2,297 sqft
Same area · Wilkes South
#149 / 246
Bottom 39% · Avg 2,399 sqft
Citywide · Winnipeg
#25,561 / 194,458
Top 13% · Avg 1,342 sqft

Tax-Assessed Value

Elite
780k
0255075100
Same streetBottom 41%Same areaBottom 46%CitywideTop 2%
Same street · Loudoun Road
#41 / 70
Bottom 41% · Avg 930.2k
Same area · Wilkes South
#133 / 246
Bottom 46% · Avg 968.9k
Citywide · Winnipeg
#4,819 / 194,458
Top 2% · Avg 390.1k

Year Built

above average
1999
0255075100
Same streetBottom 37%Same areaBottom 43%CitywideTop 18%

Lot Size

Elite
109,002 sqft
0255075100
Same streetTop 19%Same areaTop 38%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 9/2019CA$600k–650k
Sold price

Same street

Bottom 33%

Same area

Bottom 33%

City-wide

Top 6%

Related homes

Highlights & common questions: 1978 Loudoun Road, Winnipeg

Property Overview

This 1999-built two-storey home in Wilkes South is defined by its exceptionally large, private lot of approximately 2.5 acres (109,002 sqft), a rarity within Winnipeg. With 1,911 sqft of living space, a finished basement, and a combined attached/detached garage, it offers practical family living. Its standout appeal lies not just in the sheer size of the land, but in the privacy and potential it affords—for gardening, recreation, or future expansion. The property’s value is underscored by its current assessment, which places it in the top 2% of all Winnipeg homes.

This home would best suit buyers seeking a suburban retreat with a profound sense of space without leaving the city. It’s ideal for families, hobbyists, or anyone who values room to breathe and sees land as a primary asset. The 2019 sale price suggests significant equity growth, appealing to value-conscious buyers looking for established properties with a strong performance history.


Key Questions for Consideration

1. What does the land ranking actually mean?
The property’s land size ranks in the top 0% for Winnipeg, meaning it’s larger than 100% of comparable listings. This isn’t just a big yard; it’s an unusually large parcel for the city, offering unparalleled privacy and scope.

2. How does the 2019 sale price relate to today’s value?
The home sold for $620,000 in 2019 and is now assessed at $780,000. This indicates substantial market growth over five years, but a buyer’s offer would be influenced by current market conditions, not past data.

3. Is the house itself modern, given the 1999 build?
Built in 1999, the home is nearly 25 years old. While not a new build, it falls in a period of modern construction standards. Buyers should be prepared for potential updates to interiors, roofing, or major systems that align with this age.

4. What are the implications of a combined attached/detached garage?
This setup offers significant flexibility—providing standard vehicle storage and workshop or additional storage space separately. It’s a strong feature for those with multiple vehicles, hobbies, or a need for extra storage.

5. The home ranks lower for size within its own street and community. Why?
While the house itself is a comfortable size (ranking in the top 12% city-wide), the lot is the true differentiator. On a street and in a neighborhood with other large properties, the dwelling may be modest relative to the land, highlighting a property where the land itself is the central feature.