3 Cherry Ridge Lane

Linden Ridge, Winnipeg

Property score

88.4

Excellent

Overall 88.4 · Larger than most nearby homes

2,286 sqft (top 29%) · Built in 2004

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

Transit 92.0 · 2-min walk to transit with 6 nearby routes · Within 500m: 4 parks, 4 sports facilitys, and 1 place of worship nearby

Living Area

Above average

8% larger than neighborhood avg.

Taon ng Paggawa

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

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Property score

88.4 is composed by the two sections below.

Property Score

91.7Excellent
Living Area96
2,286 sqftExcellent
Taon ng Paggawa87
2004Excellent
Lupa85
6,734 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

Istatistika ng benta ng komunidad

Linden Ridge

How to read: Share of sales in each ~$50k price band for “linden ridge” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

Elite
2,286 sqft
0255075100
Same streetTop 40%Same areaTop 29%CitywideTop 5%
Same street · Cherry Ridge Lane
#4 / 10
Top 40% · Avg 2,176 sqft
Same area · Linden Ridge
#92 / 316
Top 29% · Avg 2,120 sqft
Citywide · Winnipeg
#10,067 / 194,458
Top 5% · Avg 1,342 sqft

Assessed Value

Elite
744k
0255075100
Same streetTop 40%Same areaTop 38%CitywideTop 3%
Same street · Cherry Ridge Lane
#4 / 10
Top 40% · Avg 720.5k
Same area · Linden Ridge
#120 / 316
Top 38% · Avg 747k
Citywide · Winnipeg
#5,831 / 194,458
Top 3% · Avg 390.1k

Taon ng Paggawa

lampas sa average
2004
0255075100
Same streetBottom 20%Same areaBottom 46%CitywideTop 15%

Lupa

lampas sa average
6,734 sqft
0255075100
Same streetBottom 10%Same areaBottom 25%CitywideTop 19%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

3 Cherry Ridge Lane — 9 amenities found within 500 m, across 3 categories, including 4 parks (nearest 245 m).

Search radius
🌳Parks4
💪Sports4
Worship1

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%

Kasaysayan ng Benta

Naibenta 8/2021CA$650k–700k
Presyo ng benta

Parehong kalye

Bottom 17%

Parehong lugar

Top 45%

Buong lungsod

Top 4%

Related homes

Mga tampok at karaniwang tanong: 3 Cherry Ridge Lane, Winnipeg

Property Overview: 3 Cherry Ridge Lane, Linden Ridge, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 3 Cherry Ridge Lane is a well-sized, early-2000s property situated in Winnipeg's Linden Ridge neighbourhood. Its primary appeal lies in its balance of above-average citywide space and value within a quiet, established suburban setting.

Key Characteristics:

  • Living Space: At 2,286 sqft, the living area is notably spacious compared to the Winnipeg average, placing it within the top 5% citywide. It offers ample room for family living.
  • Value & Lot: The assessed value is substantial and ranks within the top 3% citywide, reflecting a premium property. The lot size of 6,734 sqft is above the city median, providing good outdoor space, though it is on the smaller side for its immediate street and neighbourhood.
  • Context: Built in 2004, the home is newer than most in Winnipeg but is one of the older homes on its own block. Its metrics suggest it is a solid, established property on its street—not the largest or newest, but consistently above average in core categories like size and value when viewed from a broader perspective.

Ideal Buyer Profile:
This property would suit buyers looking for a move-in ready, spacious family home in a mature suburb. It appeals to those who prioritize interior square footage and citywide elite rankings in value and living area over having the largest lot on the block. It’s a fit for someone seeking a established neighbourhood character without an older, high-maintenance property.


Section 2: Frequently Asked Questions

1. How does this home’s value compare to its last sale price?
The home sold in the range of $650k-$700k in 2021. Its current assessed value of $74.40k (note: this appears to be a truncated figure; typical Winnipeg assessments are in the hundreds of thousands) suggests significant appreciation. For the exact historical sold price, you can request the information directly via the listing page.

2. Is the lot size a drawback?
While the yard is above the citywide average, it ranks below average for Linden Ridge and Cherry Ridge Lane specifically. Buyers seeking extensive outdoor space for gardening or recreation may find it adequate but not expansive. It likely represents a lower-maintenance yard compared to larger lots in the area.

3. What does the "older home on the street" ranking mean?
Built in 2004, this home is newer than about 85% of Winnipeg homes. However, on its own street, it ranks in the top 80%, meaning most neighbours' homes were built later. This isn't necessarily negative—it indicates the home is part of the original phase of the street's development, possibly on a prime lot, with any neighbourhood teething issues long resolved.

4. How does Linden Ridge compare to the wider city?
The data shows homes in Linden Ridge generally have larger lots and are more valuable than the Winnipeg average. This property’s elite citywide rankings in value and living area confirm it as a premium offering, even if it is more average within the high-standard context of its own neighbourhood.

5. Where can I see more detailed neighbourhood comparisons?
A dedicated neighbourhood analysis page is available for this property, allowing you to map it alongside nearby homes and compare details like year built, living area, and lot size in a visual format. A link is provided on the listing detail page.