23 Great Elm Cove

Ridgedale, Winnipeg

Property score

83.2

Excellent

Overall 83.2 · Newer than most nearby homes

2,345 sqft (top 48%) · Built in 1998 (19 yrs newer than avg)

Located in a above-average income area with median household income of ~79k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 dining spot, 2 parks, 1 sports facility, and 1 government office nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Above average

19 yrs newer than neighborhood avg.

Mother tongue

English · 85%French · 1%

Past 10 years Ridgedale sales snapshot (~80% of all data)

Sold Count

65

Median price

790k

$/sqft

$323/sqft

Avg build year

1979

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Property score

83.2 is composed by the two sections below.

Property Score

91.7Excellent
Living Area96
2,345 sqftExcellent
Year Built84
1998Excellent
Lot Size93
8,250 sqftExcellent
Neighbourhood Sales Activity67
Good

Community Score

70.5Good
Household Income76
Good
Education Level72
Good
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health42
Low

Neighbourhood Sales

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.

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: #46111099

Community deep dive

$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

Population, labour & age

Population (2021)1,349
Labour force participation rate53%
Median age55.6
Avg household size2.2
Unemployment rate12%
Population density2645 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households33%
Couple families with children16%
Median household income (2020)$79K

Housing

Renter households53%
Condominium dwellings7%
Median dwelling value (owners)$552K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority6%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,345 sqft
0255075100
Same streetBottom 29%Same areaTop 48%CitywideTop 4%
Same street · Great Elm Cove
#5 / 7
Bottom 29% · Avg 2,331 sqft
Same area · Ridgedale
#113 / 237
Top 48% · Avg 2,395 sqft
Citywide · Winnipeg
#8,443 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
760k
0255075100
Same streetBottom 43%Same areaTop 37%CitywideTop 3%
Same street · Great Elm Cove
#4 / 7
Bottom 43% · Avg 718.4k
Same area · Ridgedale
#87 / 237
Top 37% · Avg 758.7k
Citywide · Winnipeg
#5,349 / 194,458
Top 3% · Avg 390.1k

Year Built

above average
1998
0255075100
Same streetTop 14%Same areaTop 13%CitywideTop 18%

Lot Size

above average
8,250 sqft
0255075100
Same streetBottom 29%Same areaBottom 17%CitywideTop 10%

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

23 Great Elm Cove — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 303 m), 2 parks (nearest 165 m).

Search radius
🍽️Dining1
🌳Parks2
💪Sports1
🏛️Government1

Crime & Safety

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%

Sales History

23 Great Elm Cove: 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.

Related homes

Highlights & common questions: 23 Great Elm Cove, Winnipeg

Property Overview & Key Characteristics

This is a spacious, well-established two-storey home in Winnipeg's Ridgedale neighbourhood. Built in 1998, it sits on a large 8,250 sqft lot and offers 2,345 sqft of living space, including a finished basement. Key features include an attached garage and no pool. The home's standout appeal lies in its combination of generous proportions and a mature setting. Its lot size, living area, and assessed value all rank within the top 10% of Winnipeg, indicating a property that offers above-average space and perceived value for the city. The neighbourhood rankings suggest a quiet, settled street that isn't necessarily the most premium in the area, which can be an advantage for buyers seeking space without a premium address price tag.

It would particularly suit buyers looking for a move-in ready family home with room to grow, both indoors and outdoors. The finished basement adds immediate functional space. The appeal is practical and grounded—it's for those who prioritize square footage, a large yard, and a home that has stood the test of time over brand-new construction. A thoughtful perspective is that a home from this era often balances modern layouts with construction methods and material quality from a specific period that some buyers find preferable.


Frequently Asked Questions

1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate street, wider community, and all of Winnipeg. For example, ranking in the top 10% in Winnipeg for lot size means 90% of city homes sit on smaller lots. It's a quick way to gauge its relative strengths.

2. The home is 28 years old. What should I consider?
A home of this age is likely past its major initial settling phase but will require attention to components nearing the end of their lifespan. A thorough inspection should focus on the roof, original windows, HVAC system, and major appliances to plan for upcoming maintenance or updates.

3. How does the assessed value relate to the asking price?
The municipal assessment of $760,000 is for tax purposes and reflects a market valuation from a prior date. It's a useful data point that confirms the home is in a higher value tier, but the final sale price is determined by current market conditions and may differ.

4. The community ranking is lower than the city-wide ranking. Why?
This indicates that while the home itself is very spacious and valuable compared to all of Winnipeg, the Ridgedale neighbourhood may contain a mix of even larger or higher-value properties. It suggests you're getting a strong individual property within a desirable community.

5. Is the finished basement included in the 2,345 sqft living area?
Typically, municipal living area (sqft) calculations in Winnipeg do not include below-grade space, even if finished. The 2,345 sqft likely refers to above-ground living space only. The finished basement is a separate, valuable addition to that total usable area.