2038 Loudoun Road

Wilkes South, Winnipeg

Property score

89.4

Excellent

Overall 89.4 · Compared with neighbourhood average

1,988 sqft (bottom 44%) · Built in 1998 (2 yrs newer than avg)

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

Transit 0.0

Living Area

Near average

17% smaller than neighborhood avg.

Year Built

Below average

2 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

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Property score

89.4 is composed by the two sections below.

Property Score

87.9Excellent
Living Area92
1,988 sqftExcellent
Year Built84
1998Excellent
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
1,988 sqft
0255075100
Same streetBottom 49%Same areaBottom 44%CitywideTop 11%
Same street · Loudoun Road
#36 / 70
Bottom 49% · Avg 2,297 sqft
Same area · Wilkes South
#137 / 246
Bottom 44% · Avg 2,399 sqft
Citywide · Winnipeg
#21,598 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

Elite
817k
0255075100
Same streetBottom 49%Same areaTop 50%CitywideTop 2%
Same street · Loudoun Road
#36 / 70
Bottom 49% · Avg 930.2k
Same area · Wilkes South
#122 / 246
Top 50% · Avg 968.9k
Citywide · Winnipeg
#4,077 / 194,458
Top 2% · Avg 390.1k

Year Built

above average
1998
0255075100
Same streetBottom 29%Same areaBottom 39%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

2038 Loudoun 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: 2038 Loudoun Road, Winnipeg

Property Overview

This is a distinctive, single-family home situated on an exceptionally large, 2.5-acre lot in Winnipeg's Wilkes South neighborhood. Built in 1998, the 1,988 sqft bungalow features a finished basement and an attached garage. Its most defining characteristic is the vast, private land, which ranks in the top tier for lot size across the entire city. The home itself offers above-average living space compared to most Winnipeg properties. While its interior finishes reflect its late-90s build, the property's immense value lies in its land and privacy within the city limits. It would perfectly suit buyers seeking space for hobbies, gardening, or future expansion, who value seclusion over a brand-new interior. It also appeals to those looking for a property where the land asset is a significant portion of the total value.

Key Details & Questions

Q: What is the property’s biggest advantage?
A: The unparalleled lot size. At over 109,000 sqft, it offers a rare level of privacy and potential in Winnipeg, functioning more like a rural acreage while still being within city services.

Q: Is the house modern or recently updated?
A: The home was built in 1998. Buyers should be prepared for interiors that may reflect that era and likely require cosmetic updates or maintenance consistent with a 28-year-old home.

Q: How does it compare to other homes in the area?
A: The data shows it excels in land size (top 0% in Winnipeg) and living space (top 10%). It is more average within its immediate street and community for assessed value and age, meaning the premium is primarily for the land.

Q: What kind of maintenance should be anticipated?
A: Beyond standard home upkeep, a lot of this size requires significant seasonal maintenance (e.g., lawn care, snow clearing). The long driveway and extensive grounds are a consideration for both time and equipment costs.

Q: Is this a good investment?
A: Its value is highly tied to its unique, scarce asset—the large urban lot. This can be a strength, but market appeal may be more specialized compared to a standard suburban home. It's a solid investment for the right buyer who will utilize the land.