596 South Drive – Property Summary
1. Key Characteristics, Appeal, and Suitability
This is a notably large and valuable property in Winnipeg’s Wildwood neighbourhood, built in 2019. It stands out for its size and assessed value at every level of comparison—street, neighbourhood, and citywide.
Living Space: At 3,544 square feet, the home ranks in the top 1% across Winnipeg and top 3% within Wildwood. The street average is 2,437 sqft, so this is a full third larger than neighbouring homes.
Assessed Value: Valued at $1.98 million, it sits at #4 on South Drive and #1 in the neighbourhood. Citywide, it places in the top 1% of all properties.
Land: The lot is 27,295 square feet—top 3% in Wildwood, top 1% citywide. It’s roughly three times the neighbourhood average lot size.
Age: Built in 2019, it’s among the newest homes on a street where the average build year is 1959. This means modern construction standards, likely better insulation, mechanical systems, and layout.
Where the appeal lies: The property offers a rare combination—new construction on a large, private lot in an established, desirable neighbourhood. Many buyers in this bracket face a trade-off: a newer home on a small lot, or an older character home on a large lot. This one avoids that compromise entirely. The size also suggests flexibility for multi-generational living, home offices, or dedicated hobby/entertainment spaces.
Type of buyer it suits: Families who need significant space and prefer a newer, lower-maintenance structure but don’t want a suburban estate far from the core. Also buyers who value privacy and yard space—27,000 sqft on a level lot is uncommon inside Winnipeg. Someone relocating from a larger city (Toronto, Vancouver) might find the relative value compelling: $1.98M buys a fraction of the lot and a far older home there. Conversely, it may feel oversized for empty-nesters or minimalists.
2. Frequently Asked Questions
How does the assessed value compare to recent sale prices in Wildwood?
The assessed value is $1.98M, but that’s a municipal estimate typically based on a recent valuation cycle. Sales in Wildwood for homes of this size and age are infrequent, so actual market value could differ—often above assessment in low-inventory, high-demand pockets.
What kind of yard maintenance does a 27,000 sqft lot require?
That’s roughly two-thirds of an acre. It’s manageable with a ride-on mower, but the labor and equipment cost are notably higher than a standard city lot. Some buyers with this much land hire a service. The upside is privacy, space for gardens, play structures, or even a detached workshop.
Is the property in a flood zone or subject to special drainage considerations?
Wildwood generally sits on higher ground relative to the Red River, but specific drainage details depend on exact lot grading. A title search or local real estate agent can confirm. The newer construction (2019) means modern weeping tile and sump systems are likely already installed.
Why does the rank say “Top 4%” for year built on one line and “Top 1%” on another?
The rankings compare the property against different peer groups. It’s top 4% citywide (out of nearly 200,000 homes)—meaning most homes in Winnipeg are older. But within the immediate neighbourhood, it’s top 1% because Wildwood has a high concentration of older, mid-century homes. So “older” locally still means “very new” citywide.
Is the living area measurement inclusive of finished basement space?
The 3,544 sqft figure shown is typically above-grade living area (main and upper floors), which is standard for MLS and municipal comparisons. Finished basement space is not included. If there’s a developed lower level, total usable square footage would be higher. The citywide percentile ranking already accounts for above-grade area only.