156 Ridley Place

Crestview, Winnipeg

Property score

56.2

Fair

Overall 56.2 · Smaller and older than most nearby homes

948 sqft (bottom 11%) · Built in 1963 (4 yrs older than avg)

Located in a above-average income area with median household income of ~69.5k

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 10 dining spots, 2 healthcare facilitys, 3 shops, and 5 parks nearby

Living Area

Below average

16% smaller than neighborhood avg.

Year Built

Below average

4 yrs older than neighborhood avg.

Mother tongue

English · 80%Tagalog · 3%

Past 10 years Crestview sales snapshot (~80% of all data)

Sold Count

838

Median price

345k

$/sqft

$277/sqft

Avg build year

1967

A Location Report is available — transit, safety, amenities & AI review.
View Report →

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

56.2 is composed by the two sections below.

Property Score

50.1Fair
Living Area42
948 sqftLow
Year Built46
1963Low
Lot Size91
7,994 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

65.3Good
Household Income70
Good
Education Level44
Low
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health76
Good

Neighbourhood Sales

Crestview

How to read: Share of sales in each ~$50k price band for “crestview” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110313

Community deep dive

$70K

Median household income

$77K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

40%

Single-person households

19%

Families with children

Population, labour & age

Population (2021)789
Labour force participation rate75%
Median age41.2
Avg household size2.1
Unemployment rate12%
Population density4641 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households40%
Couple families with children19%
Median household income (2020)$70K

Housing

Renter households46%
Condominium dwellings32%
Median dwelling value (owners)$296K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority27%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 79%
Mother tongue (2nd)Tagalog · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
948 sqft
0255075100
Same streetBottom 10%Same areaBottom 11%CitywideBottom 21%
Same street · Ridley Place
#56 / 62
Bottom 10% · Avg 1,109 sqft
Same area · Crestview
#2,190 / 2,463
Bottom 11% · Avg 1,129 sqft
Citywide · Winnipeg
#153,474 / 194,458
Bottom 21% · Avg 1,342 sqft

Tax-Assessed Value

below average
298k
0255075100
Same streetBottom 13%Same areaBottom 23%CitywideBottom 29%
Same street · Ridley Place
#54 / 62
Bottom 13% · Avg 333.6k
Same area · Crestview
#1,892 / 2,463
Bottom 23% · Avg 327.3k
Citywide · Winnipeg
#138,741 / 194,458
Bottom 29% · Avg 390.1k

Year Built

above average
1963
0255075100
Same streetTop 18%Same areaBottom 25%CitywideBottom 45%

Lot Size

above average
7,994 sqft
0255075100
Same streetTop 13%Same areaTop 6%CitywideTop 11%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

156 Ridley Place — 31 amenities found within 500 m, across 8 categories, including 10 dining (nearest 55 m), 2 healthcare (nearest 63 m), 3 shopping (nearest 44 m).

Search radius
🍽️Dining10
🏥Healthcare2
🛒Shopping3
🌳Parks5
💪Sports2
🏦Finance3
Fuel Stations3
Worship3

Crime & Safety

Crestview · WPS public data · 2026

Annual incidents

53

2026

vs. city avg

+80%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

70%

Sales History

156 Ridley Place: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 156 Ridley Place, Winnipeg

Property Summary

Key Characteristics & Buyer Profile

This is a compact single-family home in Winnipeg’s Crestview area, built in 1963 on a notably large lot. The living area is below average at 948 square feet—smaller than roughly 90% of homes on the same street and in the broader neighbourhood. The assessed value of $298,000 is also below typical comparables. However, the land sets it apart: the lot measures 7,994 square feet, putting it in the top 13% on Ridley Place and the top 11% citywide.

The appeal here lies in the land-to-house ratio. For a buyer who values outdoor space, gardening, or future expansion potential more than interior square footage, this offers something most nearby properties don’t. It’s not a turnkey family home for someone needing four bedrooms and an open-concept layout. But for someone willing to renovate, add on, or simply enjoy a large yard in a modest house, the value is in the dirt—not the drywall. The year built (1963) is actually slightly newer than average for the area, meaning the bones may be sound even if finishes are dated.

Best suited for: first-time buyers looking to get into a stable neighbourhood with room to grow, handyperson types who can improve the house over time, or downsizers who want a manageable home with generous outdoor space. Less ideal for anyone who prioritizes move-in-ready interior size or wants to avoid renovation work.


Frequently Asked Questions

1. Why is the assessed value low relative to other homes nearby?
Assessed value is influenced heavily by living area. Since this house is smaller than most on the street and in Crestview, the valuation reflects that—even though the lot is larger. You’re essentially paying less for the structure and more for the land.

2. Can I build an addition on this property?
The lot is well above average size for the area, which makes an addition or secondary structure physically possible, but you’d need to check local zoning bylaws and setback requirements in Winnipeg. The 1963 build date also suggests the foundation may be suitable, but a structural inspection would be the next step.

3. How does the living area compare to other homes in Crestview?
It’s in the bottom 11% of the neighbourhood—meaning roughly 9 out of 10 homes have more interior space. This is a genuinely small house for the area, so expect compact rooms and possibly limited storage unless improvements have been made.

4. Is a 1963 home likely to have issues?
Homes from this era often have original mechanicals, windows, or insulation that may need updating. However, 1963 is not unusually old for the city, and being newer than many nearby homes can mean fewer surprises. Still, an inspection should focus on electrical, plumbing, and the roof.

5. What’s the typical buyer for this kind of property?
Either someone who sees the large lot as a blank canvas (gardener, hobbyist, or future builder) or a buyer priced out of larger homes in the area who doesn’t mind working with less interior space. It’s not a conventional family home as-is, but it has flexibility that standard houses often don’t.