55 Laurel Ridge Drive

Linden Ridge, Winnipeg

Property score

88.1

Excellent

Overall 88.1 · Larger and newer than most nearby homes

2,393 sqft (top 22%) · Built in 2005 (1 yr newer 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, 1 healthcare facility, and 5 parks nearby

Living Area

Above average

13% larger than neighborhood avg.

Year Built

Above average

1 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

88.1 is composed by the two sections below.

Property Score

91.1Excellent
Living Area96
2,393 sqftExcellent
Year Built87
2005Excellent
Lot Size81
6,057 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
2,393 sqft
0255075100
Same streetTop 16%Same areaTop 22%CitywideTop 4%
Same street · Laurel Ridge Drive
#12 / 74
Top 16% · Avg 2,003 sqft
Same area · Linden Ridge
#68 / 316
Top 22% · Avg 2,120 sqft
Citywide · Winnipeg
#7,400 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
744k
0255075100
Same streetTop 16%Same areaTop 38%CitywideTop 3%
Same street · Laurel Ridge Drive
#12 / 74
Top 16% · Avg 682.3k
Same area · Linden Ridge
#120 / 316
Top 38% · Avg 747k
Citywide · Winnipeg
#5,831 / 194,458
Top 3% · Avg 390.1k

Year Built

Elite
2005
0255075100
Same streetTop 4%Same areaTop 17%CitywideTop 15%

Lot Size

above average
6,057 sqft
0255075100
Same streetBottom 20%Same areaBottom 5%CitywideTop 29%

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

55 Laurel Ridge Drive — 17 amenities found within 500 m, across 6 categories, including 5 dining (nearest 331 m), 1 education (nearest 284 m), 1 healthcare (nearest 357 m).

Search radius
🍽️Dining5
🏫Education1
🏥Healthcare1
🌳Parks5
💪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 4/2022CA$750k–800k
Sold price

Same street

Top 21%

Same area

Top 30%

City-wide

Top 2%
Sold 7/2020CA$600k–650k
Sold price

Same street

Top 47%

Same area

Bottom 37%

City-wide

Top 6%

Related homes

Highlights & common questions: 55 Laurel Ridge Drive, Winnipeg

Property Overview: 55 Laurel Ridge Drive, Linden Ridge

Key Characteristics & Appeal

This home presents a compelling blend of above-average interior space and a modern build within a well-established Winnipeg neighbourhood. With 2,393 sqft of living area, it ranks in the top 16% on its own street and an elite top 4% city-wide, offering significantly more room than the typical Winnipeg home. Built in 2005, it is newer than most homes in the city, potentially reducing immediate renovation needs. The assessed value places it in the top 3% city-wide, indicating a premium valuation that aligns with its size and age.

The appeal lies in this "move-in ready" scale and modernity for a buyer seeking space without an older home's upkeep. It suits growing families or professionals who prioritize generous, contemporary living areas over a large yard, as the lot size is more modest compared to others in Linden Ridge. A thoughtful perspective is that this property represents efficient use of space; the value is concentrated in the home itself rather than the land, ideal for those who prefer low-maintenance outdoor areas. It would also suit a value-conscious buyer looking for a home that stands out statistically in the broader Winnipeg market, not just its immediate area.

Frequently Asked Questions

1. How does the lot size compare?
The land area is 6,057 sqft, which is below average for both Laurel Ridge Drive and the wider Linden Ridge area. This suggests a home-focused property with a more manageable yard.

2. What do the sold prices indicate about value?
The home sold in the $750k-$800k range in 2022 and $600k-$650k in 2020. This history shows significant appreciation and confirms its positioning in the upper tier of the market.

3. Is the assessed value a reliable indicator of the selling price?
The assessed value is $74.40k (a provincial calculation for tax purposes), which is not the market value. The actual sold prices are far higher, as shown in the history. Market value is determined by recent sales of comparable homes.

4. Who would this home not suit?
It may not be the best fit for buyers seeking a very large, private yard or those looking for the largest lot on the block. The data indicates the home's strengths are its interior space and modern construction.

5. How can I get the exact sold price?
The exact sold price is not publicly listed. You can request it by email through this listing page; the service is manual with a same-day reply aim and no unsolicited marketing.