Property score
83.8
Excellent
Overall 83.8 · Larger and newer than most nearby homes
2,772 sqft (top 21%) · Built in 1994 (15 yrs newer than avg)
Located in a above-average income area with median household income of ~79k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 dining spot, 1 school, 2 parks, and 1 sports facility nearby
Living Area
Above average
16% larger than neighborhood avg.
Year Built
Above average
15 yrs newer than neighborhood avg.
Mother tongue
English · 85%French · 1%
Past 10 years Ridgedale sales snapshot (~80% of all data)
65
790k
$323/sqft
1979
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83.8 is composed by the two sections below.
Property Score
Community Score
Ridgedale
How to read: Share of sales in each ~$50k price band for “ridgedale” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111099
$79K
Median household income
$116K
Average household income
16%
Low income (LIM-AT)
0.4
Income inequality (Gini)
5.3
P90 / P10 ratio
33%
Single-person households
16%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
15 Great Elm Cove — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 257 m), 1 education (nearest 460 m), 2 parks (nearest 148 m).
Ridgedale · WPS public data · 2026
Annual incidents
1
2026
vs. city avg
-97%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Violent
100%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 40% | Top 23% | Top 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 15 Great Elm Cove, Ridgedale, Winnipeg
Section 1: Key Characteristics & Appeal
This is a spacious, well-established two-storey family home in Winnipeg's Ridgedale neighbourhood, built in 1994. Its primary appeal lies in its generous proportions and mature setting. With nearly 2,800 sqft of living space and a large, 9,847 sqft lot, it offers significant room to grow and relax. The home features a finished basement and an attached garage.
The data suggests a property that stands out in several key areas. It ranks within the top 6% of all Winnipeg homes for lot size and the top 1% for living area, indicating a rare level of spaciousness for the city. Its assessed value also places it in the top 2% citywide. This combination of size and established value makes it a substantial and above-average offering.
This home would best suit buyers looking for a settled, spacious property in a mature neighbourhood, who prioritize interior room and a large yard over a brand-new build. It’s ideal for a growing or multi-generational family needing ample space, or for those who appreciate a home with a established footprint and the privacy a large lot can afford. The 2023 sale suggests a recent transaction, which may appeal to buyers interested in a property with modern market history.
Section 2: Frequently Asked Questions
1. How does the home’s age (32 years) factor into its condition and value?
While built in 1994, the home's very high rankings for living area and lot size compared to Winnipeg as a whole are significant value drivers. Buyers should anticipate maintenance consistent with a home of this age, but the core assets—space and land—are permanent and highly desirable.
2. The lot is in the top 6% for size in Winnipeg. What are the implications?
This is a major feature. It offers exceptional outdoor space for gardens, play, or entertaining, and provides a level of privacy uncommon in many parts of the city. It also represents long-term value, as land of this scale is increasingly rare in urban settings.
3. The assessed value is higher than the 2023 sale price. What does this indicate?
The current assessment ($781,000) being higher than the last recorded sale price ($740,000 in June 2023) is not uncommon and can reflect municipal valuation methods or market adjustments. It establishes a formal benchmark for municipal taxes, but the current market value will be determined by present-day supply, demand, and the home's condition.
4. What is the neighbourhood (Ridgedale) like?
The rankings show the home is above average in size and value within its own community, but the neighbourhood itself appears to have a wide variety of home sizes and ages. This suggests a well-established, diverse area rather than a uniform subdivision. Prospective buyers should explore the area personally to see if its character aligns with their lifestyle.
5. Are there any obvious concerns based on the provided data?
The data itself doesn't show red flags, but the rankings indicate the home is on the larger and more valuable end of the spectrum for its immediate street and community. This is positive for space, but buyers should consider if the property's scale aligns with their needs and if its value is consistent with their expectations for the specific location.
