8 Fairway Place

Ridgedale, Winnipeg

Property score

87.5

Excellent

Overall 87.5 · Larger than most nearby homes

2,584 sqft (top 30%) · Built in 1977 (2 yrs older than avg)

Located in a high-income area with median household income of ~118k

Transit 82.0 · 1-min walk to transit with 2 nearby routes

Living Area

Above average

8% larger than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 89%Punjabi · 21%

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

87.5 is composed by the two sections below.

Property Score

90.1Excellent
Living Area2,584 sqft98Excellent
Year Built197767Good
Lot Size11,576 sqft97Excellent
Neighbourhood Sales Activity67Good

Community Score

83.7Excellent
Household Income90Excellent
Education Level91Excellent
Housing Stress63Fair
Core Housing Need100Excellent
Employment Health42Low

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: #46111100

Community deep dive

$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

Population, labour & age

Population (2021)450
Labour force participation rate49%
Median age58.0
Avg household size2.3
Unemployment rate5%
Population density957 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households27%
Couple families with children25%
Median household income (2020)$118K

Housing

Renter households7%
Condominium dwellings27%
Median dwelling value (owners)$524K

Diversity, education & language

Immigrants (share of pop.)2%
Visible minority0%
Bachelor's or higher (25–64)50%
Mother tongue (1st)English · 88%
Mother tongue (2nd)

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

Rankings

Living Area

Elite
2,584 sqft
0255075100
Same streetTop 25%Same areaTop 30%CitywideTop 2%
Same street · Fairway Place
#2 / 8
Top 25% · Avg 2,306 sqft
Same area · Ridgedale
#71 / 237
Top 30% · Avg 2,395 sqft
Citywide · Winnipeg
#4,621 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

above average
588k
0255075100
Same streetBottom 25%Same areaBottom 32%CitywideTop 9%
Same street · Fairway Place
#6 / 8
Bottom 25% · Avg 631.1k
Same area · Ridgedale
#161 / 237
Bottom 32% · Avg 758.7k
Citywide · Winnipeg
#17,164 / 194,458
Top 9% · Avg 390.1k

Year Built

above average
1977
0255075100
Same streetTop 13%Same areaBottom 47%CitywideTop 37%

Lot Size

Elite
11,576 sqft
0255075100
Same streetTop 38%Same areaTop 47%CitywideTop 4%

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

Search radius
No data within 500 m.

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

8 Fairway Place: 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: 8 Fairway Place, Winnipeg

Property Overview & Key Characteristics

8 Fairway Place is a spacious, two-storey family home built in 1977, situated on a very large, 11,576 sqft lot in Ridgedale. Its primary appeal lies in the generous scale of both the land and the living space (2,584 sqft), which is well above average for Winnipeg. The home offers significant room to grow, with an unfinished basement presenting a clear opportunity for future customization. While it lacks a garage and pool, the property’s strength is its substantial footprint and potential.

The home would best suit buyers who prioritize space and land over turn-key finishes. It’s an ideal project for a growing family looking to put their own stamp on a property over time, or for a value-conscious buyer seeking one of the larger lots and floor plans in the area. The unfinished basement is a key feature for those who want to design additional living space, a rental suite, or specialized rooms to their exact specifications. Its high city-wide rankings for lot and living area size indicate it’s a standout property in terms of pure space for the price.


Frequently Asked Questions

1. What is the significance of the property's rankings?
The rankings show how this home compares to others in its immediate area and across Winnipeg. Notably, it ranks in the top 4% of the city for lot size and the top 2% for living area, confirming its standout spaciousness. This suggests strong long-term value based on its substantial footprint.

2. Is the lack of a garage a major drawback?
It depends on the buyer's needs. While a garage is a common convenience, the exceptionally large lot provides ample space to add a detached garage or workshop in the future, which could be an attractive project for the right owner.

3. What should I consider about the 1977 build date?
Built 49 years ago, the home is older than most in its immediate street but is around the median age for Winnipeg overall. Buyers should budget for age-appropriate updates. The positive perspective is that homes from this era are often known for solid construction and roomy layouts.

4. How does the assessment value relate to the asking price?
The municipal assessment is $588,000, which is a valuation for tax purposes and not a market price. It provides a benchmark, showing the home is assessed higher than 92% of properties in Winnipeg, reflecting its substantial attributes. The final sale price will be determined by current market conditions.

5. What does "unfinished basement" mean for my plans?
The basement has been started (with foundation, walls, and utilities) but not completed as living space. This is a significant opportunity to add square footage and value by finishing it to suit your needs—whether as a rec room, home office, or additional bedrooms—without the major cost of excavation.

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