3450 Wilkes Avenue

Wilkes South, Winnipeg

Property score

76.8

Good

Overall 76.8 · Smaller and older than most nearby homes

1,410 sqft (bottom 9%) · Built in 1950 (46 yrs older than avg)

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

Transit 40.0 · 6-min walk to transit with 1 nearby route · Within 500m: 1 place of worship nearby

Living Area

Below average

41% smaller than neighborhood avg.

Year Built

Below average

46 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

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

76.8 is composed by the two sections below.

Property Score

66.9Good
Living Area75
1,410 sqftGood
Year Built30
1950Low
Lot Size100
45,872 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

around average
1,410 sqft
0255075100
Same streetBottom 11%Same areaBottom 9%CitywideTop 35%
Same street · Wilkes Avenue
#8 / 9
Bottom 11% · Avg 2,097 sqft
Same area · Wilkes South
#224 / 246
Bottom 9% · Avg 2,399 sqft
Citywide · Winnipeg
#68,099 / 194,458
Top 35% · Avg 1,342 sqft

Tax-Assessed Value

around average
352k
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 47%
Same street · Wilkes Avenue
#9 / 9
Bottom 1% · Avg 656.4k
Same area · Wilkes South
#246 / 246
Bottom 1% · Avg 968.9k
Citywide · Winnipeg
#103,191 / 194,458
Bottom 47% · Avg 390.1k

Year Built

below average
1950
0255075100
Same streetBottom 22%Same areaBottom 3%CitywideBottom 28%

Lot Size

Elite
45,872 sqft
0255075100
Same streetBottom 1%Same areaBottom 14%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

3450 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

3450 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: 3450 Wilkes Avenue, Winnipeg

Property Overview: 3450 Wilkes Avenue

This one-storey home, built in 1950, presents a unique proposition in Winnipeg’s Wilkes South neighbourhood. Its most defining feature is the exceptionally large lot of approximately 45,872 square feet, placing it in the top 1% of all properties in Winnipeg for land size. The 1,410 sqft bungalow sits on this expansive parcel, featuring a finished basement and a detached garage. While the home itself is of a modest, mid-century build, its appeal is fundamentally rooted in the land. The property suits two distinct types of buyers: those with a long-term vision for redevelopment or substantial expansion who value the rare blank canvas, and those seeking unparalleled outdoor space for gardens, recreation, or privacy within the city. Its value lies not in modern finishes, but in future potential and immediate spatial freedom that is increasingly scarce.

Key Considerations & FAQs

  1. What does the ranking data actually mean?
    The rankings highlight a property of contrasts. While the home’s age and assessed value rank in the lower halves locally, its living space is above average for the street. Crucially, the land size ranking is exceptional city-wide. This signals a property where the land asset significantly outweighs the current structure in terms of scarcity and value.

  2. Is the house in need of major updates?
    Given its 1950 construction, buyers should anticipate elements typical of its era. The core systems, roof, and windows likely require evaluation or modernization. The value proposition here is investing in the property's potential, which may include significant updates or a future rebuild.

  3. How can such a large lot be utilized?
    Beyond a spacious yard, possibilities could include future subdivision (subject to zoning and city approval), adding substantial additions, or creating custom outdoor amenities like a workshop, extensive gardening, or recreational space. The lot offers rare flexibility for a buyer’s imagination or investment strategy.

  4. What is the neighbourhood like?
    Wilkes South is a mature, established community. The property’s rankings within the neighbourhood suggest it is a larger-than-average lot in an area with a mix of home ages and values, offering a quiet, grounded setting without the premium of newer suburbs.

  5. Why is the assessed value relatively moderate given the lot size?
    Municipal assessments typically reflect current use and structures more than development potential. The assessment likely captures the value of the existing older home on a large lot, not the premium for rare, redevelopable land. The market value may reflect this potential more strongly.