3240 Wilkes Avenue

Wilkes South, Winnipeg

Property score

79.0

Good

Overall 79.0 · Smaller and older than most nearby homes

1,618 sqft (bottom 18%) · Built in 1940 (56 yrs older than avg)

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

Transit 40.0 · 7-min walk to transit with 1 nearby route · Within 500m: 1 place of worship nearby

Living Area

Below average

33% smaller than neighborhood avg.

Year Built

Below average

56 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

79.0 is composed by the two sections below.

Property Score

70.5Good
Living Area83
1,618 sqftExcellent
Year Built24
1940Low
Lot Size100
102,181 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
1,618 sqft
0255075100
Same streetBottom 22%Same areaBottom 18%CitywideTop 25%
Same street · Wilkes Avenue
#7 / 9
Bottom 22% · Avg 2,097 sqft
Same area · Wilkes South
#201 / 246
Bottom 18% · Avg 2,399 sqft
Citywide · Winnipeg
#47,643 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
533k
0255075100
Same streetBottom 33%Same areaBottom 8%CitywideTop 15%
Same street · Wilkes Avenue
#6 / 9
Bottom 33% · Avg 656.4k
Same area · Wilkes South
#227 / 246
Bottom 8% · Avg 968.9k
Citywide · Winnipeg
#28,966 / 194,458
Top 15% · Avg 390.1k

Year Built

below average
1940
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 19%

Lot Size

Elite
102,181 sqft
0255075100
Same streetBottom 11%Same areaBottom 31%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

3240 Wilkes Avenue — 1 amenities found within 500 m, across 1 categories.

Search radius
Worship1

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

3240 Wilkes Avenue: 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: 3240 Wilkes Avenue, Winnipeg

Property Summary: 3240 Wilkes Avenue

Key Characteristics & Appeal

This is a unique property defined by its exceptionally large, 2.3-acre lot in the Wilkes South area of Winnipeg. The 1,618 sqft one-and-a-half storey home, built in 1940, sits on over 102,000 square feet of land, a rare find within the city. Its primary appeal lies in this vast, blank-canvas outdoor space, offering unparalleled potential for gardening, recreation, or future expansion. The home itself has above-average living space for its street and a solid assessed value, but the unfinished basement and lack of garage or pool indicate it's a property with room to personalize.

It would best suit a buyer with a vision for the land—whether seeking privacy, space for hobbies, or a multi-generational compound. It's a project-oriented property, ideal for someone who values land size over turn-key condition and is prepared to invest in both the home and the grounds. A less obvious perspective is its value as a "legacy lot," offering a sense of country-like space within city limits, which could be particularly appealing for those wanting to instill a deep connection to the outdoors in their family.

Frequently Asked Questions

1. What does "one & 1/2 storey" mean?
This is a common Winnipeg architectural style, typically featuring a main floor and a second floor with sloped ceilings (under the roofline), which often results in cozy, character-filled bedrooms.

2. The rankings show the house is very old compared to neighbors. Is that a concern?
While the 1940 build date is older than most in the area, the home's assessed value and living space rank highly. This suggests the structure has been maintained and valued, but a thorough inspection is crucial to understand the condition of major systems like plumbing, wiring, and the foundation.

3. What can I do with such a large lot?
The possibilities are significant, from extensive gardens and orchards to adding outbuildings (subject to city bylaws), creating sports areas, or simply enjoying immense private green space. The key is to verify zoning regulations for any specific plans.

4. The basement is unfinished. What should I consider?
An unfinished basement from this era offers the opportunity to customize it to your needs but requires investigation. Check for ceiling height, moisture control, and the condition of the furnace and hot water tank, as upgrading these systems during a renovation is common.

5. There's no garage. Can one be built?
Given the vast lot size, adding a garage or workshop is likely feasible from a space perspective. The main considerations would be obtaining the proper permits, navigating any easements, and budgeting for the construction of a new driveway and structure.