47 Laurel Ridge Drive

Linden Ridge, Winnipeg

Property score

87.4

Excellent

Overall 87.4 · Older than most nearby homes

2,252 sqft (top 32%) · Built in 2003 (1 yr older than avg)

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

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 5 dining spots, 1 school, 3 healthcare facilitys, and 6 parks nearby

Living Area

Near average

6% larger than neighborhood avg.

Year Built

Below average

1 yrs older 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

87.4 is composed by the two sections below.

Property Score

90.0Excellent
Living Area2,252 sqft96Excellent
Year Built200387Excellent
Lot Size5,969 sqft74Good
Neighbourhood Sales Activity79Good

Community Score

83.5Excellent
Household Income89Excellent
Education Level100Excellent
Housing Stress42Low
Core Housing Need88Excellent
Employment Health60Fair

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

above average
2,252 sqft
0255075100
Same streetTop 23%Same areaTop 32%CitywideTop 6%
Same street · Laurel Ridge Drive
#17 / 74
Top 23% · Avg 2,003 sqft
Same area · Linden Ridge
#101 / 316
Top 32% · Avg 2,120 sqft
Citywide · Winnipeg
#11,053 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

Elite
646k
0255075100
Same streetBottom 28%Same areaBottom 17%CitywideTop 5%
Same street · Laurel Ridge Drive
#53 / 74
Bottom 28% · Avg 682.3k
Same area · Linden Ridge
#262 / 316
Bottom 17% · Avg 747k
Citywide · Winnipeg
#10,681 / 194,458
Top 5% · Avg 390.1k

Year Built

above average
2003
0255075100
Same streetBottom 22%Same areaBottom 21%CitywideTop 16%

Lot Size

around average
5,969 sqft
0255075100
Same streetBottom 5%Same areaBottom 1%CitywideTop 34%

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

47 Laurel Ridge Drive — 20 amenities found within 500 m, across 6 categories, including 5 dining (nearest 298 m), 1 education (nearest 299 m), 3 healthcare (nearest 324 m).

Search radius
🍽️Dining5
🏫Education1
🏥Healthcare3
🌳Parks6
💪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%

Sales History

Sold 8/2022CA$700k–750k
Sold price

Same street

Top 24%

Same area

Top 37%

City-wide

Top 3%

Related homes

Highlights & common questions: 47 Laurel Ridge Drive, Winnipeg

Property Overview: 47 Laurel Ridge Drive, Linden Ridge, Winnipeg

Section 1: Key Characteristics & Appeal

This well-sized family home, built in 2003, offers over 2,250 square feet of living space. Its primary appeal lies in its generous interior footprint, which ranks well above the Winnipeg city average, providing ample room for comfortable living. The property sits on a manageable, low-maintenance lot within the established Linden Ridge neighbourhood.

The home’s value proposition is nuanced. While its living space is a significant asset, its assessed value is notably lower than many neighbours, potentially indicating room for updates or a value opportunity for a buyer. It would suit practical buyers—growing families or those looking to upsize—who prioritize interior space over a large yard and are comfortable with a home that may benefit from personalization. A thoughtful buyer might see the below-average assessment for the street not as a drawback, but as a chance to add value through renovations while enjoying a home that already offers substantial square footage in a desirable area.

Section 2: Frequently Asked Questions

1. Is the assessed value a cause for concern?
Not necessarily. While below the street and neighbourhood average, it is in the elite tier city-wide. This discrepancy often reflects older assessments, specific home features, or the condition relative to recently renovated homes on the street. It’s a key point for discussion with your realtor.

2. How does the lot size compare?
The lot is smaller than most in Linden Ridge, which typically features larger properties. This translates to less yard maintenance but also less private outdoor space. It’s a trade-off that emphasizes the home’s interior living area.

3. What does the sale history indicate?
The home sold between $700,000 and $750,000 in 2022. This price was significantly above the neighbourhood average at the time, suggesting strong buyer demand for homes of this size in the area, despite the lot size or assessed value.

4. Who is the ideal buyer for this property?
This home is ideal for buyers seeking above-average interior space in a mature neighbourhood without the upkeep of a massive yard. It’s well-suited for a family that values room to grow indoors and may be planning to update the home to their taste over time.

5. How does the age of the home factor in?
Built in 2003, the home is newer than the Winnipeg average but is now over 20 years old. Buyers should anticipate the potential need for updates to major systems (like HVAC or roof) and interior finishes that are typical for a home of this era, which is factored into its current valuation.

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