Property Summary: 1279 Liberty Street, Winnipeg
Key Characteristics & Buyer Profile
This is a distinctive, single-family home situated on an exceptionally large, nearly 2.2-acre lot in the Wilkes South neighbourhood. Built in 1986, the one-storey home offers 2,247 sqft of living space, a finished basement, and an attached garage. Its standout feature is the immense private land, which ranks in the top 5% of Winnipeg for lot size, offering rare potential for privacy, expansion, or outdoor pursuits.
The appeal lies in a unique combination of space and value. While the home itself is comfortably sized and ranks well above average for the city, the true draw is the land itself—a sizable canvas within the city that is increasingly hard to find. It suits buyers prioritizing long-term potential and outdoor space over a brand-new build. This property would be ideal for someone seeking a project, such as creating extensive gardens, adding recreational amenities, or potentially subdividing (subject to municipal approval). It also fits families or individuals who value significant separation from neighbours and a sense of retreat, without leaving the city. A thoughtful perspective is that the mature age of the property (40 years) means major systems may need evaluation, but it also presents an opportunity to customize a solid structure on a premier lot.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Wilkes South, and across all of Winnipeg. For example, its lot size is in the top 5% city-wide, making it exceptionally large, while its assessed value is in the top 4%, indicating it is considered a higher-value property overall.
2. Is the land usable as-is, or does it require work?
The lot is vast at over 95,000 sqft. While it offers tremendous potential, buyers should consider the ongoing maintenance of such a large property (e.g., landscaping, snow clearing) and assess if any portions are low-lying or have specific covenants.
3. What are the implications of the home being 40 years old?
Key components like the roof, windows, HVAC, and plumbing may be near or past their typical lifespan. A thorough inspection is crucial to understand the condition and plan for any updates, which can be an opportunity to modernize the home to your taste.
4. Who would this property not suit?
It may not be ideal for buyers seeking a low-maintenance, turn-key property or a modern open-concept layout without renovation plans. The scale of the lot requires a willingness for upkeep or creative planning.
5. Could this large lot be subdivided?
Subdivision is a complex process dependent on city zoning bylaws, servicing access, and lot configuration. It is a possibility that should be explored with the City of Winnipeg's planning department and is not guaranteed, but the lot size makes it a logical question for future potential.