Property score
89.6
Excellent
Overall 89.6 · Compared with neighbourhood average
1,964 sqft (top 36%) · Built in 2018 (1 yr newer than avg)
Located in a high-income area with median household income of ~139k
Transit 76.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 1 park nearby
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Near average
5% larger than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Below average
1 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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89.6 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
131 Hofsted Drive — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 488 m), 1 parks (nearest 497 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 44% | ਟਾਪ 27% | ਟਾਪ 6% |
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 33% | ਟਾਪ 36% | ਟਾਪ 9% |
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Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview
This two-storey home at 131 Hofsted Drive in Winnipeg's Ridgewood South neighbourhood presents a practical, modern living option. Built in 2018, it offers nearly 2,000 sqft of living space on a generous 5,234 sqft lot, with an attached garage. The home's appeal lies in its balance of being relatively new—minimizing immediate major repair concerns—while being established enough to see how the neighbourhood has matured. Its assessed value ranks highly city-wide, suggesting a solid foundation of municipal valuation. The property would suit first-time buyers or young families looking for a move-in-ready home without the premium of a brand-new build, or downsizers seeking a manageable, single-family layout without extensive upkeep. A thoughtful perspective is the home’s position within its immediate street: its lot size ranks in the top third on Hofsted Drive, offering more outdoor space than many neighbours, which is a fixed advantage not found in every newer property.
Key Details & Questions
What are the key characteristics?
This is a two-storey home built in 2018, featuring 1,964 sqft of living space, a 5,234 sqft lot, and an attached garage. The basement exists but is not renovated. The home has changed hands twice, in 2019 and 2020.
Where does this property rank compared to others?
The data shows a mix. While its lot size and assessed value rank in the top tiers for Winnipeg overall, its living area is more average within its specific neighbourhood and street. This indicates you're getting a well-sized property by city standards on a desirable lot, but the house itself isn't the largest on the block.
What does the sale history indicate?
It sold for $620,000 in late 2020 and $575,000 in late 2019. This history, alongside the current assessed value of $597,000, provides a reference point for market trends over recent years in this area.
Is the basement finished?
No, the listing specifies the basement is "not renovated." This presents potential for future customization or additional living space, but also means it's not a current living area.
Who might this home not suit?
It may not be ideal for buyers seeking a fully turnkey property with a finished basement, or for those prioritizing a home with extensive recent upgrades. The appeal is more in its solid, newer construction and lot size rather than high-end finishes.
