Property score
65.6
Good
Overall 65.6 · Smaller and older than most nearby homes
1,092 sqft (bottom 1%) · Built in 1925 (54 yrs older than avg)
Located in a high-income area with median household income of ~118k
Transit 74.0 · 5-min walk to transit with 2 nearby routes
Living Area
Below average
54% smaller than neighborhood avg.
Year Built
Below average
54 yrs older than neighborhood avg.
Mother tongue
English · 89%Punjabi · 21%
Past 10 years Ridgedale sales snapshot (~80% of all data)
65
790k
$323/sqft
1979
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65.6 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: #46111100
$118K
Median household income
$170K
Average household income
4%
Low income (LIM-AT)
0.4
Income inequality (Gini)
4.2
P90 / P10 ratio
27%
Single-person households
25%
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
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%
161 Ridgedale Crescent: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 161 Ridgedale Crescent
Section 1: Overview & Appeal
This property is defined by its exceptional and rare land size. Situated on approximately one acre (42,000 sqft) in the Ridgedale area, the lot itself is the primary feature, offering a level of privacy and space that is increasingly uncommon within the city. The house is a classic one-and-a-half storey build from 1925, with a modest 1,092 sqft of living space and an unfinished basement. It presents as a solid, no-frills character home that serves as a foundation. The appeal here is squarely for a buyer with a vision—someone who values the potential of the land over the current state of the dwelling. It would perfectly suit an owner looking for a private urban retreat with room for extensive gardens, recreation, or future expansion. It’s also a compelling canvas for a builder or renovator seeking a prime lot in a well-established neighborhood. A less obvious perspective is that this property offers a unique opportunity to own a legacy-sized parcel; it’s not just a yard, but a small estate that provides a tangible sense of freedom and possibility that newer subdivisions simply cannot match.
Section 2: Frequently Asked Questions
1. What does the assessment ranking really tell me?
The rankings show the property's position relative to others. While the house is modest in size and age compared to its neighbors, the land size ranks in the top 1% city-wide, and the total assessed value is in the top 5%. This highlights that the value is heavily weighted toward the land.
2. Is the house in livable condition, or is it a teardown?
The listing notes an unfinished basement but does not specify the home's interior condition. Given its age and the significant value of the land, a prospective buyer should budget for substantial updates or even full renovation. An inspection is essential to determine feasibility.
3. What can be done with such a large lot?
Beyond a spacious private yard, the lot size may allow for additions, a garage or workshop, or even subdivision, subject to all City of Winnipeg zoning bylaws, permits, and approvals. This is a key point for due diligence.
4. What are the annual property taxes?
Taxes are not listed but would be based on the $653,000 assessed value. You can estimate them using the City of Winnipeg's current mill rate, but contacting the city for an exact figure is recommended for budgeting.
5. Why is a 100-year-old house assessed so highly?
The assessment reflects the combined value of the land and improvements. In this case, the immense size and desirability of the lot in a mature neighborhood drive the valuation, not the historic structure itself. It's an assessment of the property's total potential.
