621 South Drive — Property Summary
Key Characteristics & Buyer Profile
This is a newly built home (2023) in Winnipeg’s Wildwood neighbourhood, standing out for its size and value relative to everything around it. The living area is 3,587 square feet, putting it in the top 1% citywide and top 2% within the neighbourhood, where the average home is closer to 1,650 square feet. The assessed value of $1.79 million places it in the top 1% locally and citywide, though on the street itself it ranks just above average—meaning neighbouring homes are also high-value, but this one is significantly newer and larger than most.
The land is 12,730 square feet, which is modest by South Drive standards (where lots tend to be larger) but still top 3% citywide. That’s worth noting: you’re getting a big house on a lot that’s generous for Winnipeg, but not oversized relative to the immediate street. This trade-off—a very large, brand-new home on a lot that’s large but not the biggest—makes the property feel spacious inside without requiring a huge yard to maintain.
The property suits buyers who want a turnkey modern home in an established, high-value neighbourhood. It would appeal to families or professionals who prioritize interior space and new construction over raw land area, and who want to be in a top-ranked school catchment or near the river trails and golf courses that Wildwood is known for. It’s less suited to someone looking for a fixer-upper, a massive estate lot, or a more central urban location.
Frequently Asked Questions
1. How does this home compare to others on South Drive?
South Drive has older homes, mostly built in the 1950s and 1960s, on larger lots. This property is one of the newest on the street and has more living space than most, but its land area is smaller than the street average. So you’re trading some lot size for a completely modern house.
2. Is the assessed value of $1.79 million a reliable indicator of market price?
Assessed value is a useful benchmark but not a guarantee of market value. This home ranks top 1% in the city, which reflects both its size and newness. However, sale prices can vary depending on finishes, condition, and current demand in Wildwood. It’s best to treat the assessment as a starting point.
3. What does “top 1% citywide” actually mean for a home like this?
Out of nearly 195,000 comparable properties in Winnipeg, only about 1,950 have a larger living area, and only 204 have a higher assessed value. In practical terms, this home is in the very top tier of the city for both space and value. These numbers are based on city assessment data, not asking prices.
4. Why is the land area ranked lower on the street but still top 3% citywide?
Because South Drive itself has some very large lots—averaging over 20,000 square feet—so 12,730 sqft looks average there. But across all of Winnipeg, most residential lots are much smaller (around 6,500 sqft average), so this lot is still well above the norm. You’re getting a big yard by city standards, just not the biggest one on the block.
5. What is Wildwood like as a neighbourhood?
Wildwood is an older, established area near the Red River, known for larger lots, mature trees, and a mix of mid-century and newer infill homes. It’s quiet and residential, with good access to parks, the river pathway, and schools. The neighbourhood ranking (top 2% for living area, top 1% for assessed value) suggests this home is among the most substantial properties in an already desirable area.