54 William Marshall Way

Ridgedale, Winnipeg

Property score

83.2

Excellent

Overall 83.2 · Newer than most nearby homes

2,363 sqft (top 46%) · Built in 1997 (18 yrs newer than avg)

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

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 dining spot, and 3 parks nearby

Living Area

Near average

1% smaller than neighborhood avg.

Year Built

Above average

18 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
2,363 sqftExcellent
Year Built84
1997Excellent
Lot Size93
8,290 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
2,363 sqft
0255075100
Same streetBottom 36%Same areaTop 46%CitywideTop 4%
Same street · William Marshall Way
#16 / 25
Bottom 36% · Avg 2,501 sqft
Same area · Ridgedale
#110 / 237
Top 46% · Avg 2,395 sqft
Citywide · Winnipeg
#8,029 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
944k
0255075100
Same streetTop 8%Same areaTop 15%CitywideTop 1%
Same street · William Marshall Way
#2 / 25
Top 8% · Avg 811.2k
Same area · Ridgedale
#36 / 237
Top 15% · Avg 758.7k
Citywide · Winnipeg
#2,465 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
1997
0255075100
Same streetTop 20%Same areaTop 14%CitywideTop 19%

Lot Size

above average
8,290 sqft
0255075100
Same streetTop 48%Same areaBottom 19%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

54 William Marshall Way — 4 amenities found within 500 m, across 2 categories, including 1 dining (nearest 439 m), 3 parks (nearest 285 m).

Search radius
🍽️Dining1
🌳Parks3

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

Sold 6/2022CA$1.05M–1.1M
Sold price

Same street

Top 14%

Same area

Top 6%

City-wide

Top 1%

Related homes

Highlights & common questions: 54 William Marshall Way, Winnipeg

Property Overview: 54 William Marshall Way

This spacious two-storey home in Ridgedale presents a compelling opportunity for buyers seeking space, established comfort, and a strong value proposition. Built in 1997, it sits on a large, approximately 8,290 sqft lot and offers over 2,300 sqft of finished living space, including a developed basement. Key features include a private in-ground pool and an attached garage. Its appeal lies in the rare combination of a generous property size and a home that ranks in the top tier of Winnipeg for both living area and assessed value. The data suggests it's a property that has historically commanded a premium, evidenced by its 2022 sale price and current assessment significantly above area averages.

It would suit a family or multi-generational household looking for room to grow and entertain in a mature neighbourhood. It's also a fit for value-conscious buyers who appreciate tangible metrics; the home's strong rankings for size and worth relative to the entire city indicate a solid underlying asset, not just neighbourhood appeal. A less obvious perspective is that a home of this age is now entering a phase where strategic updates can personalize it and enhance its value, offering the next owner a chance to put their own stamp on a well-founded property.


Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this home against others on its street, in Ridgedale, and across all of Winnipeg for specific metrics. For example, ranking in the top 4% of Winnipeg for living area confirms its exceptional size. The "top 10%" ranking for its 2022 sale price indicates it was a premium transaction city-wide.

2. Is the pool a major added cost?
While a fantastic private amenity, an in-ground pool does require ongoing maintenance, seasonal opening/closing, and will impact insurance and utility costs. It's a source of enjoyment but also a commitment that buyers should budget for.

3. The home was last sold in 2022. Why is it back on the market?
This isn't uncommon and isn't inherently a red flag. Life circumstances—job changes, family needs—can prompt a quick move. A key point is that the current assessed value ($944,000) remains close to that recent purchase price ($1.053M), suggesting market stability for the property.

4. What might "dated" mean for a 1997 home?
Homes from this era are often structurally sound but may feature original finishes like oak cabinets, specific tile work, or floor plans that feel compartmentalized compared to today's open concepts. This can be seen as a blank canvas for gradual modernization.

5. How does the large lot size benefit me?
Beyond space for the pool and garden, a lot of this size (ranking in the top 10% city-wide) offers long-term flexibility. It provides privacy, room for additions like a shed or deck, and is a land-value asset that is increasingly rare in mature neighbourhoods.