58 Peace Road

Wilkes South, Winnipeg

Property score

84.0

Excellent

Overall 84.0 · Smaller but newer than most nearby homes

1,484 sqft (bottom 13%) · Built in 2009 (13 yrs newer than avg)

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

Transit 0.0

Living Area

Below average

38% smaller than neighborhood avg.

Year Built

Above average

13 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

84.0 is composed by the two sections below.

Property Score

78.9Good
Living Area1,484 sqft75Good
Year Built200990Excellent
Lot Size115,315 sqft100Excellent
Neighbourhood Sales Activity18Low

Community Score

91.7Excellent
Household Income94Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health90Excellent

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
1,484 sqft
0255075100
Same streetBottom 1%Same areaBottom 13%CitywideTop 32%
Same street · Peace Road
#4 / 4
Bottom 1% · Avg 1,941 sqft
Same area · Wilkes South
#214 / 246
Bottom 13% · Avg 2,399 sqft
Citywide · Winnipeg
#61,266 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
579k
0255075100
Same streetBottom 25%Same areaBottom 12%CitywideTop 10%
Same street · Peace Road
#3 / 4
Bottom 25% · Avg 771k
Same area · Wilkes South
#217 / 246
Bottom 12% · Avg 968.9k
Citywide · Winnipeg
#18,675 / 194,458
Top 10% · Avg 390.1k

Year Built

above average
2009
0255075100
Same streetBottom 25%Same areaTop 26%CitywideTop 12%

Lot Size

Elite
115,315 sqft
0255075100
Same streetTop 25%Same areaTop 33%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

58 Peace 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: 58 Peace Road, Winnipeg

Property Summary: 58 Peace Road, Winnipeg

Key Characteristics & Appeal

This property is defined by two standout features: an exceptionally large, private lot and a modern, low-maintenance home. The nearly 2.65-acre (115,315 sq ft) lot is its most significant asset, offering a rare level of space and seclusion within Winnipeg, ranking in the top tier of all city properties for land size. The house itself is a 2009-built, one-storey bungalow with 1,484 sq ft of living space and an unfinished basement, presenting a move-in-ready canvas. It includes both attached and detached garage options.

The appeal lies in the unique balance of rural-like privacy with the convenience of city services. It perfectly suits buyers seeking space for hobbies, gardening, or future expansion without leaving the city limits. It would fit a downsizer looking for single-level living with ample outdoor room, or a family prioritizing space for children and pets to play over a larger interior footprint. A thoughtful perspective is the long-term flexibility; the vast, blank-slate lot and unfinished basement offer significant potential for customization, whether adding a workshop, expanding the home, or simply enjoying unspoiled green space.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in the Wilkes South neighbourhood, and across all of Winnipeg. For example, its land size is larger than 100% of Winnipeg properties, meaning it's in the top 0% for lot size. This provides quick context for its relative standing in key metrics.

2. Is the property in a flood zone or have any land-use restrictions?
Prospective buyers must verify this directly with the city. A lot of this size may have specific zoning regulations or environmental considerations that affect what can be built or how the land can be used.

3. What are the estimated annual property taxes?
Based on the current assessed value of $579,000, you should consult the City of Winnipeg's tax calculator for an accurate estimate, as the final tax bill incorporates the annual mill rate.

4. Why is the home's living area ranking lower than the lot ranking?
The rankings reflect different priorities. The house is a comfortable, modern bungalow, but its square footage is modest compared to the enormous lot. This highlights the property's core offering: you are primarily investing in land and privacy, with a functional, newer home included.

5. What is the condition of the well and septic system?
For a rural-style lot of this size, confirming the operational status, capacity, age, and compliance of the private water and wastewater systems is an essential due diligence step before purchase.

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