Property score
78.5
Good
Overall 78.5 · Smaller but newer than most nearby homes
1,696 sqft (bottom 19%) · Built in 1994 (15 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, 1 school, 2 parks, and 1 sports facility nearby
Living Area
Below average
29% smaller than neighborhood avg.
Taon ng Paggawa
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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78.5 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 na bahay (hindi 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.
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
7 Great Elm Cove — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 261 m), 1 education (nearest 470 m), 2 parks (nearest 188 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%
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Bottom 20% | Top 44% | Top 4% |
Humiling ng eksaktong mga numero sa email
Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
Property Overview & Key Characteristics
7 Great Elm Cove is a spacious, well-established single-family home in Winnipeg's Ridgedale neighborhood. Built in 1994, this one-storey bungalow sits on a large, approximately 10,261 sqft lot, offering significant outdoor space that ranks highly across the city. The home features 1,696 sqft of living space, a finished basement, and an attached garage.
Its primary appeal lies in its generous land size and solid, move-in-ready foundation. The property's data shows exceptional city-wide rankings, placing in the top 6% for lot size and top 5% for assessed value, suggesting a premium offering within its category. The recent 2023 sale also indicates a stable and strong market perception. This home is ideally suited for buyers seeking a classic bungalow layout with a large yard, possibly families, downsizers looking for single-level living, or those who value established, quiet neighborhoods over brand-new construction. A thoughtful perspective is that while the home's interior size is moderate for the neighborhood, the vast lot presents a major asset for privacy, gardening, or future expansion, making it a property where the land itself is a key driver of value.
Frequently Asked Questions
1. How does the lot size compare to typical Winnipeg homes?
The lot is exceptionally large, ranking in the top 6% of all properties in Winnipeg. At over 10,000 sqft, it provides much more outdoor space than the average home in the city.
2. What does the recent 2023 sale price indicate?
The home sold for $661,000 in August 2023, which is close to its current assessed value. This suggests the market has recently validated the property's worth, providing a clear and current benchmark for its value.
3. Is the basement included in the listed living area?
No. The 1,696 sqft living area refers to the above-ground footprint of the bungalow. The finished basement provides additional, flexible space beyond that stated square footage.
4. Who might this property not suit?
It may not suit buyers seeking a modern, multi-story layout or a brand-new home, as it is a 32-year-old bungalow. The interior space, while comfortable, ranks as more average within its immediate community compared to its standout lot size.
5. What are the key advantages of a one-storey home like this?
The single-level layout offers excellent accessibility and ease of movement, which is ideal for aging in place, young families avoiding stairs, or anyone preferring all living spaces on one floor. It often also means a simpler roof structure and exterior maintenance.
