27 Spillett Cove

Ridgewood South, Winnipeg

Property score

91.1

Excellent

Overall 91.1 · Larger than most nearby homes

2,371 sqft (top 7%) · Built in 2018 (1 yr newer than avg)

Located in a high-income area with median household income of ~139k

Transit 58.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

Living Area

Above average

27% larger than neighborhood avg.

Year Built

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)

Sold Count

537

Median price

600.9k

$/sqft

$308/sqft

Avg build year

2017

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

91.1 is composed by the two sections below.

Property Score

91.4Excellent
Living Area2,371 sqft96Excellent
Year Built201897Excellent
Lot Size5,488 sqft67Good
Neighbourhood Sales Activity86Excellent

Community Score

90.7Excellent
Household Income92Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health90Excellent

Neighbourhood Sales

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.

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: #46111084

Community deep dive

$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

Population, labour & age

Population (2021)1,990
Labour force participation rate78%
Median age34.8
Avg household size3.1
Unemployment rate5%
Population density1542 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households9%
Couple families with children50%
Median household income (2020)$139K

Housing

Renter households4%
Condominium dwellings1%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority24%
Bachelor's or higher (25–64)49%
Mother tongue (1st)English · 74%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

Elite
2,371 sqft
0255075100
Same streetTop 14%Same areaTop 7%CitywideTop 4%
Same street · Spillett Cove
#2 / 14
Top 14% · Avg 2,071 sqft
Same area · Ridgewood South
#57 / 783
Top 7% · Avg 1,872 sqft
Citywide · Winnipeg
#7,840 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

above average
641k
0255075100
Same streetTop 21%Same areaTop 21%CitywideTop 6%
Same street · Spillett Cove
#3 / 14
Top 21% · Avg 560.1k
Same area · Ridgewood South
#168 / 783
Top 21% · Avg 560.2k
Citywide · Winnipeg
#11,090 / 194,458
Top 6% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 21%Same areaBottom 38%CitywideTop 4%

Lot Size

around average
5,488 sqft
0255075100
Same streetBottom 36%Same areaTop 50%CitywideTop 44%

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

27 Spillett Cove — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 373 m).

Search radius
🌳Parks1

Crime & Safety

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%

Sales History

Sold 11/2020CA$550k–600k
Sold price

Same street

Bottom 33%

Same area

Top 38%

City-wide

Top 10%

Related homes

Highlights & common questions: 27 Spillett Cove, Winnipeg

Property Overview

27 Spillett Cove is a modern two-storey home in Winnipeg's Ridgewood South neighbourhood. Built in 2018, it offers a turnkey, low-maintenance living experience with a recently renovated basement. The home stands out on its street for its above-average living space (2,371 sqft) and newer construction, positioning it well within the local market. Its appeal lies in its balance of contemporary comforts and established community, avoiding the uncertainties of a brand-new development while still feeling fresh and modern. The attached garage and generous 5,488 sqft lot add practical value.

This property would suit a young family or professional couple looking for move-in-ready space in a settled area. It’s also a sensible choice for a value-conscious buyer who appreciates a home that ranks highly for size and age compared to its immediate neighbours, suggesting a good long-term investment within the micro-market of the street itself.


Frequently Asked Questions

How does this home compare to others on the street?
The data shows this home ranks in the top 15% for living area and in the top 20% for year built on Spillett Cove, meaning it is both larger and newer than most of its direct neighbours.

What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to request from the listing agent to understand the home's full usable space and quality.

The assessed value is $64,100, but it last sold for $56,800 in 2020. What does this mean?
The assessed value is for municipal tax purposes and is a snapshot in time. The sale history shows appreciation since 2020. The current asking price will reflect today's market conditions, so comparing it to recent sales of similar homes (comps) is more important than either of these past figures.

Are the property rankings a reliable measure of value?
They are a useful tool for quick comparison. This home consistently ranks in the top tiers for size and age within its immediate area, which is a positive indicator. However, they don't account for interior condition, layout, or lot desirability, which a viewing will reveal.

Who might this home not be suitable for?
Given its modern build and family-oriented neighbourhood, it may not suit someone seeking a historic character home or a fixer-upper project. The rankings also suggest it's a premium offering on its street, so buyers seeking the absolute lowest price point in the area might look at older, smaller homes nearby.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.