4377 Ridgewood Avenue

Eric Coy, Winnipeg

Property score

72.4

Good

Overall 72.4 · Smaller but newer than most nearby homes

1,138 sqft (bottom 27%) · Built in 1981 (10 yrs newer than avg)

Located in a high-income area with median household income of ~120k

Transit 30.0 · 11-min walk to transit with 1 nearby route

Living Area

Below average

23% smaller than neighborhood avg.

Year Built

Above average

10 yrs newer than neighborhood avg.

Mother tongue

English · 89%French · 1%

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

Sold Count

243

Median price

457.5k

$/sqft

$369/sqft

Avg build year

1971

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Property score

72.4 is composed by the two sections below.

Property Score

65.8Good
Living Area60
1,138 sqftFair
Year Built73
1981Good
Lot Size93
8,183 sqftExcellent
Neighbourhood Sales Activity24
Low

Community Score

82.3Excellent
Household Income91
Excellent
Education Level54
Fair
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health60
Fair

Neighbourhood Sales

Eric Coy

How to read: Share of sales in each ~$50k price band for “eric coy” (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: #46111064

Community deep dive

$120K

Median household income

$129K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

19%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)549
Labour force participation rate55%
Median age47.6
Avg household size2.6
Unemployment rate4%
Population density1444 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households19%
Couple families with children38%
Median household income (2020)$120K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority5%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 89%
Mother tongue (2nd)French · 0%

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

Rankings

Living Area

around average
1,138 sqft
0255075100
Same streetBottom 25%Same areaBottom 27%CitywideBottom 44%
Same street · Ridgewood Avenue
#6 / 8
Bottom 25% · Avg 1,471 sqft
Same area · Eric Coy
#650 / 888
Bottom 27% · Avg 1,472 sqft
Citywide · Winnipeg
#109,715 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

around average
371k
0255075100
Same streetBottom 12%Same areaBottom 16%CitywideTop 47%
Same street · Ridgewood Avenue
#7 / 8
Bottom 12% · Avg 431k
Same area · Eric Coy
#745 / 888
Bottom 16% · Avg 465k
Citywide · Winnipeg
#90,675 / 194,458
Top 47% · Avg 390.1k

Year Built

above average
1981
0255075100
Same streetTop 50%Same areaTop 20%CitywideTop 33%

Lot Size

above average
8,183 sqft
0255075100
Same streetBottom 37%Same areaBottom 26%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

Search radius
No data within 500 m.

Crime & Safety

Eric Coy · WPS public data · 2026

Annual incidents

2

2026

vs. city avg

-93%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Other

50%

Sales History

Sold 11/2021CA$300k–350k
Sold price

Same street

Bottom 33%

Same area

Bottom 17%

City-wide

Bottom 48%
Sold 2/2019CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 9%

City-wide

Bottom 39%

Related homes

Highlights & common questions: 4377 Ridgewood Avenue, Winnipeg

Property Overview: 4377 Ridgewood Avenue, Winnipeg

Key Characteristics & Appeal

This 1981-built, single-storey home sits on a notably large, 8,183 sqft lot in the Eric Coy neighbourhood. With 1,138 sqft of living space and an unfinished basement, it presents a straightforward layout with significant potential for expansion or customization. The property's primary appeal lies in its substantial land size, which ranks within the top 11% of all lots in Winnipeg, offering rare space for gardens, recreation, or future additions in the city.

Its value proposition is grounded in its lot and location. While the home itself is modest in size and finish relative to the area, the recent assessment value has seen a notable increase since its last sale in 2021. This home would best suit a value-conscious buyer—perhaps a first-time homeowner, an investor, or a hands-on renovator—who prioritizes land over turn-key luxury. The large lot offers a blank canvas for outdoor enthusiasts or those planning a future home expansion, making it a property where the core investment is in the land itself, with the existing house providing functional living space to build upon.


Frequently Asked Questions

1. What does the "ranking" data actually mean?
The rankings compare this property against others on its street, in Eric Coy, and across all of Winnipeg. For example, its land size is better than 89% of Winnipeg properties, placing it in the top 11%. Conversely, its living area is smaller than 54% of city homes. This helps gauge its relative strengths and weaknesses.

2. The assessed value jumped significantly since 2021. What does that indicate?
The current assessment of $371,000 is considerably higher than the 2021 sale price of $330,000. This typically reflects strong market-wide appreciation and, likely, the premium value assigned to its very large lot. It's important to note that assessed value is for municipal taxation and may differ from current market value.

3. Is the unfinished basement a drawback or an opportunity?
It's primarily an opportunity. The basement provides essential mechanical space and significant storage. For a buyer willing to invest, it represents potential to add finished living space, increasing the home's total square footage and value.

4. Who would this property NOT be well-suited for?
It may not suit buyers seeking a modern, move-in-ready home without renovation projects. Those prioritizing immediate move-in convenience, extensive finished space, or a newer build might find the property too basic.

5. There's no garage. How big of an issue is that?
For many Winnipeg buyers, a garage is a major asset for vehicle protection. Its absence here is a trade-off for the large lot. The lot size does, however, provide ample space to add a detached garage or workshop in the future, subject to local zoning and permits.