Property score
88.8
Excellent
Overall 88.8 · Newer than most nearby homes
2,280 sqft (bottom 49%) · Built in 1994 (15 yrs newer than avg)
Located in a high-income area with median household income of ~118k
Transit 74.0 · 4-min walk to transit with 2 nearby routes
Living Area
Near average
5% smaller than neighborhood avg.
Year Built
Above average
15 yrs newer 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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88.8 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: #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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 14% | Top 3% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 173 Ridgedale Crescent
Key Characteristics, Appeal & Ideal Buyer
This is a substantial, one-storey family home situated on an exceptionally large, mature lot of approximately 30,000 square feet in Winnipeg's Ridgedale area. Built in 1994, the home offers 2,280 sqft of living space, a finished basement, and an attached garage. Its standout feature is the sheer scale and privacy afforded by the land, which ranks in the top 1% for size across the entire city. The home itself is well-sized, ranking in the top 5% for living area in Winnipeg, and has been recently updated with modern finishes.
The primary appeal lies in its unique combination of a spacious, modernized interior and a vast, park-like yard—a rare find within the city. It’s a property for those who value space, privacy, and outdoor potential over a brand-new build. The recent sale price significantly above the assessed value indicates strong market recognition of these qualities.
This property would best suit a family or multi-generational household looking for a long-term home with ample room for gardens, recreation, or future additions. It’s ideal for buyers who appreciate established neighborhoods and are willing to invest in a home for its exceptional land value and solid foundation, rather than seeking a brand-new construction.
Frequently Asked Questions
1. What does the ranking data (e.g., "top 1%") actually mean?
The rankings compare this property against others on its street, in its community, and across all of Winnipeg. For example, being in the "top 1% for land size in Winnipeg" means its lot is larger than 99% of all residential properties in the city, highlighting its rarity.
2. Why was the final sale price so much higher than the assessed value?
The assessed value is for municipal tax purposes and often lags behind rapid market shifts. The sale price reflects what competitive buyers were willing to pay in the current market, strongly suggesting they placed a high premium on the lot size, condition, and recent updates.
3. Is the large lot more of a benefit or a responsibility?
It's both. It offers unparalleled privacy and space for activities, gardens, or pools. However, it also means higher property taxes, more yard maintenance, and potentially higher costs for landscaping or fencing. It's a long-term asset that requires commitment.
4. What might the "finished basement" entail in a 1994 home?
While described as finished, it's important to clarify the level of finish and ceiling height. Basements from this era may be fully livable but could have a different aesthetic or lower ceiling height than newer homes. An inspection would determine its current condition and suitability.
5. Does a one-storey home on such a large lot present any opportunities?
Absolutely. The single-level living is attractive for accessibility and family flow. Furthermore, the vast lot could allow for significant future expansion—like a large addition, a detached workshop, or garage—subject to local zoning bylaws. The land itself holds much of the property's future potential.
