231 Laurel Ridge Drive

Linden Ridge, Winnipeg

Property score

88.7

Excellent

Overall 88.7 · Larger than most nearby homes

2,486 sqft (top 15%) · Built in 2004

Located in a high-income area with median household income of ~112k

Transit 92.0 · 4-min walk to transit with 6 nearby routes · Within 500m: 4 parks, 4 sports facilitys, 1 place of worship, and 1 government office nearby

Living Area

Above average

17% larger than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 58%Chinese · 13%

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

Sold Count

115

Median price

743k

$/sqft

$371/sqft

Avg build year

2004

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

88.7 is composed by the two sections below.

Property Score

92.1Excellent
Living Area96
2,486 sqftExcellent
Year Built87
2004Excellent
Lot Size88
7,497 sqftExcellent
Neighbourhood Sales Activity79
Good

Community Score

83.5Excellent
Household Income89
Excellent
Education Level100
Excellent
Housing Stress42
Low
Core Housing Need88
Excellent
Employment Health60
Fair

Neighbourhood Sales

Linden Ridge

How to read: Share of sales in each ~$50k price band for “linden ridge” (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: #46111189

Community deep dive

$112K

Median household income

$137K

Average household income

19%

Low income (LIM-AT)

0.4

Income inequality (Gini)

24.6

P90 / P10 ratio

21%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)1,296
Labour force participation rate60%
Median age44.0
Avg household size2.6
Unemployment rate5%
Population density678 / km²

Households & income

Low income (LIM-AT, % pop.)19%
Single-person households21%
Couple families with children38%
Median household income (2020)$112K

Housing

Renter households29%
Condominium dwellings50%
Median dwelling value (owners)$612K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority44%
Bachelor's or higher (25–64)67%
Mother tongue (1st)English · 58%
Mother tongue (2nd)Chinese · 13%

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

Rankings

Living Area

Elite
2,486 sqft
0255075100
Same streetTop 11%Same areaTop 15%CitywideTop 3%
Same street · Laurel Ridge Drive
#8 / 74
Top 11% · Avg 2,003 sqft
Same area · Linden Ridge
#46 / 316
Top 15% · Avg 2,120 sqft
Citywide · Winnipeg
#5,879 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
769k
0255075100
Same streetTop 9%Same areaTop 28%CitywideTop 3%
Same street · Laurel Ridge Drive
#7 / 74
Top 9% · Avg 682.3k
Same area · Linden Ridge
#90 / 316
Top 28% · Avg 747k
Citywide · Winnipeg
#5,115 / 194,458
Top 3% · Avg 390.1k

Year Built

above average
2004
0255075100
Same streetTop 41%Same areaBottom 46%CitywideTop 15%

Lot Size

above average
7,497 sqft
0255075100
Same streetTop 16%Same areaBottom 49%CitywideTop 13%

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

231 Laurel Ridge Drive — 10 amenities found within 500 m, across 4 categories, including 4 parks (nearest 280 m).

Search radius
🌳Parks4
💪Sports4
Worship1
🏛️Government1

Crime & Safety

Linden Ridge · WPS public data · 2026

Annual incidents

2

2026

vs. city avg

-93%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Violent

100%

Sales History

Sold 7/2023CA$800k–850k
Sold price

Same street

Top 9%

Same area

Top 17%

City-wide

Top 2%
Sold 8/2022CA$650k–700k
Sold price

Same street

Top 32%

Same area

Top 50%

City-wide

Top 4%
Sold 12/2020CA$600k–650k
Sold price

Same street

Bottom 38%

Same area

Bottom 28%

City-wide

Top 7%

Related homes

Highlights & common questions: 231 Laurel Ridge Drive, Winnipeg

Property Summary: 231 Laurel Ridge Drive

Section 1: Key Characteristics & Appeal

This home at 231 Laurel Ridge Drive in Linden Ridge presents a compelling blend of space, modern comfort, and established value. Built in 2004, it offers a generous 2,486 sqft of living area, which ranks in the top 11% of homes on its own street and an elite top 3% citywide. The lot size of 7,497 sqft is also notably above average for the immediate area, providing ample outdoor space.

The primary appeal lies in its strong, data-backed standing within a desirable neighbourhood. Its assessed value and recent sold prices consistently perform in the top tiers compared to local and city-wide benchmarks, suggesting a well-regarded property in a stable area. The home suits buyers looking for a move-in ready, spacious family home in a mature, established setting without the unknowns of an older build. It’s particularly suited for those who value quantifiable metrics—seeing that the home outperforms most peers in size and value can offer confidence. A less obvious perspective is that its "above average but not extreme" rankings on its own street indicate it fits harmoniously within a consistent, quality streetscape, avoiding the risk of being over-improved or underwhelming relative to its neighbours.

Section 2: Frequently Asked Questions

1. How does this home truly compare to others in the area?
The data shows it consistently outperforms averages. Its living space is larger than 89% of similar Winnipeg homes, and its assessed value is higher than 97% of properties citywide. On its own street in Linden Ridge, it ranks in the top 10-15% for both size and value.

2. What is the exact recent sale price?
Public records show sold price ranges: approximately $800k-$850k in 2023, $650k-$700k in 2022, and $600k-$650k in 2020. The listing service offers to provide the exact sale prices via email upon request.

3. Is the 2004 build date a concern?
A 2004 build means major components like the roof, windows, and HVAC systems are likely approaching or within their typical replacement window. This isn't unusual, but a thorough inspection is advised. Positively, it places the home in a newer cohort compared to the Winnipeg city-wide average build year of 1966.

4. How stable is the property’s value?
The sold price history shows significant appreciation between 2020 and 2023. While past performance doesn't guarantee future results, its consistent "above average" and "elite" rankings across metrics suggest a history of strong market positioning.

5. What are the neighbours like?
The nearby properties on Laurel Ridge and Fall Ridge Road are very close in proximity (18-43 meters), typical of suburban subdivisions. The similar assessed values of nearby homes suggest a neighbourhood of comparable quality and market perception, which can be positive for maintaining uniform streetscape appeal.