1601 Liberty Street

Property Overview

This is a distinctive, single-family home built in 1995, situated on an exceptionally large, 2.5-acre lot (approximately 109,187 sqft) in Winnipeg's Wilkes South neighbourhood. Its primary appeal lies in the rare combination of a modern, fully finished home with vast, private land within the city—a pairing that is increasingly uncommon. The 1,530 sqft bungalow features a fully finished basement and an attached garage.

The property is ideally suited for buyers who prioritize space and privacy over a central urban location. It’s a strong match for families or individuals seeking room for hobbies, gardening, or pets without leaving the city limits, or for those who envision future expansion. The rankings provided show its unique position: while its living space is fairly typical for the area, the lot size is in the top tier for all of Winnipeg, making it a niche offering. Its value is rooted in the land itself, offering a rural-like setting with urban conveniences.

Key Questions for Consideration

1. What does the "fully finished basement" include, and what is the total livable square footage? Understanding the basement's layout, ceiling height, and features (like additional bedrooms or a separate entrance) is crucial to gauging the home's full utility.
2. What are the annual property taxes? Given the above-average assessed value and large lot, confirming the exact tax burden is an important part of budgeting.
3. How is the property currently utilized, and are there any land-use restrictions or easements? With such a large parcel, it's wise to inquire about any subdivision potential, zoning rules, or shared access lanes that could affect future plans.
4. What are the typical utility costs for a property of this size and age? Heating, cooling, and maintaining a home and lot of this scale can differ significantly from a standard city lot.
5. How does the location balance privacy with daily convenience? Prospective buyers should assess the commute times, access to schools, shopping, and services to ensure the semi-rural feel aligns with their lifestyle needs.