Property score
83.1
Excellent
Overall 83.1 · Smaller and older than most nearby homes
1,592 sqft (bottom 17%) · Built in 2017
Located in a high-income area with median household income of ~139k
Transit 76.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Below average
0 yrs newer than neighborhood avg.
Mother tongue
English · 74%Tagalog · 3%
Past 10 years Ridgewood South sales snapshot (~80% of all data)
537
600.9k
$308/sqft
2017
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83.1 is composed by the two sections below.
Property Score
Community Score
Ridgewood South
How to read: Share of sales in each ~$50k price band for “ridgewood south” (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: #46111084
$139K
Median household income
$142K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
9%
Single-person households
50%
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
116 Mckellar Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 155 m).
Ridgewood South · WPS public data · 2026
Annual incidents
2
2026
vs. city avg
-93%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
50%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Top 44% | Top 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home on a large lot in Ridgewood South presents a specific and appealing value proposition. Built in 2017, it offers modern construction in a well-established neighbourhood. Its key appeal lies in the combination of a newer, low-maintenance structure with a generous, private land area that is rare for homes of this vintage in the area. The home suits first-time buyers or downsizers seeking a move-in-ready property without the concerns of aging infrastructure, and who prioritize outdoor space over a maximized interior footprint. It’s also a pragmatic choice for value-focused buyers, as the sold price from 2023 sits significantly above the current assessed value, suggesting potential for equity growth as assessments catch up to market trends.
A less obvious perspective is its positioning within the street itself. The data indicates it is among the newest homes on the block, meaning you benefit from modern building standards while being surrounded by mature landscaping and an established community feel. Additionally, while the basement is unrenovated, it presents a clean slate for future customization, adding potential value for a buyer willing to undertake a project down the line.
Frequently Asked Questions
Q: How does the lot size compare to typical properties?
A: Very favorably. The land area of 3,665 sq ft ranks in the top 10% on its own street and the top 1% within the wider Ridgewood South neighbourhood, offering exceptional outdoor space for a home built in 2017.
Q: Is the price fair given the assessed value?
A: The assessed value is currently $40.9k, but the home sold for $354.3k in June 2023. This discrepancy is common and often indicates the municipal assessment hasn't yet caught up to the recent market value. The prior sale price is a more current benchmark.
Q: What is the neighbourhood like?
A: Ridgewood South is a mature, family-friendly neighbourhood in Winnipeg. The listing shows several comparable, newer homes in the same area, indicating it's a sought-after pocket for modern infill development.
Q: What should I know about the basement?
A: The basement is described as "not renovated." It is a full, unfinished space, which provides flexible storage or future living area potential but would require investment to finish.
Q: How does the living space compare to nearby newer homes?
A: At 1,592 sq ft, the living area is functional but modest compared to some newer builds in the area, which can exceed 2,000 sq ft. This reflects a trade-off: you gain a larger lot and a newer home, but not necessarily the largest floor plan on the block.
