1300 Liberty Street – Property Summary
Key Characteristics & Buyer Profile
This is a large, modern home on an oversized lot in Winnipeg’s Wilkes South area. At 3,555 square feet of living space and built in 2018, it ranks in the top 1% city-wide for both size and assessed value ($2.01M). While the land itself is below average for the neighbourhood (where lots tend to be much larger), it still places in the top 1% city-wide at just under an acre—meaning you get generous space without the maintenance burden of a true estate property.
What sets this home apart is its combination of new construction and city-level exclusivity. Most homes in the top 1% for value are older or located on significantly larger rural tracts. Here, the appeal is a newer, move-in-ready house that doesn't feel isolated, but still commands presence. The street-level data shows it’s among the newest and most valuable on Liberty Street, but not the biggest lot—suggesting a well-finished home in a solid, established pocket rather than a raw compound.
This property would suit a buyer who wants a premium suburban home without compromising on location convenience. It’s ideal for someone who prioritizes interior space and modern build quality over raw acreage, and who values being in a top-tier bracket city-wide without needing to manage a multi-acre property. Think professionals, families looking to upsize within the city, or anyone relocating to Winnipeg who wants an immediate top-end home.
Frequently Asked Questions
1. How does the land area compare to other top-tier properties in Winnipeg?
At 48,695 square feet, this lot is roughly 7.5 times larger than the average city-wide comparable home (6,570 sqft), but smaller than the Wilkes South neighbourhood average of nearly 137,000 sqft. You’re getting a large urban lot—not a hobby farm. For most buyers, this is a practical sweet spot: enough room for privacy, gardens, or a shop, but not so much that landscaping becomes a second job.
2. Why is the assessed value so high relative to the street and neighbourhood averages?
The assessed value of $2.01M is roughly double the street average ($978.5k) and more than double the neighbourhood average ($968.9k). This likely reflects the newer construction (2018 vs. a neighbourhood average of 1996) and the living area, which is significantly larger than typical homes nearby. The house is an outlier in an already desirable area, not just a big lot in a cheap zone.
3. What does a “Top 1% city-wide ranking” actually mean for resale?
It means this property competes with the most exclusive homes in Winnipeg, not just within its immediate neighbourhood. While this can support strong long-term value, it also means the pool of future buyers is smaller—most people in the city won’t be shopping in this price range. Resale may take longer, but the lack of direct competition in its class can work in your favour if you’re patient.
4. Is the neighbourhood (Wilkes South) considered an up-and-coming area or established?
Wilkes South is well-established, with an average home built in 1996 and an average assessed value near $969k. It’s not a new subdivision—it’s a mature, higher-end suburban area. The 2018 build date on this property makes it one of the newer homes in the pocket, which can be a plus for buyers who want modern construction without waiting for a developing community to fill in.
5. How does the property compare to new builds available right now?
Most new builds in this price range within Winnipeg tend to sit on smaller lots in master-planned communities. This property offers a larger older-style lot in a built-out neighbourhood, which often means more mature trees, less construction noise, and no phased development timelines. If you value immediate neighbourhood character and established infrastructure over a brand-new subdivision, this is a strong alternative to building custom.