4 Kestrel Way

Ridgewood South, Winnipeg

Property score

89.7

Excellent

Overall 89.7 · Larger than most nearby homes

2,143 sqft (top 21%) · Built in 2019 (2 yrs newer than avg)

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

Above average

14% larger than neighborhood avg.

Year Built

Near average

2 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

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Property score

89.7 is composed by the two sections below.

Property Score

89.1Excellent
Living Area2,143 sqft94Excellent
Year Built201997Excellent
Lot Size4,628 sqft60Fair
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

above average
2,143 sqft
0255075100
Same streetTop 11%Same areaTop 21%CitywideTop 8%
Same street · Kestrel Way
#5 / 46
Top 11% · Avg 1,798 sqft
Same area · Ridgewood South
#163 / 783
Top 21% · Avg 1,872 sqft
Citywide · Winnipeg
#14,798 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

above average
537k
0255075100
Same streetTop 20%Same areaTop 45%CitywideTop 14%
Same street · Kestrel Way
#9 / 46
Top 20% · Avg 497.1k
Same area · Ridgewood South
#355 / 783
Top 45% · Avg 560.2k
Citywide · Winnipeg
#27,856 / 194,458
Top 14% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetBottom 39%Same areaBottom 48%CitywideTop 4%

Lot Size

around average
4,628 sqft
0255075100
Same streetTop 46%Same areaBottom 29%CitywideBottom 37%

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

4 Kestrel Way — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 279 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 8/2019CA$500k–550k
Sold price

Same street

Top 18%

Same area

Bottom 49%

City-wide

Top 15%

Related homes

Highlights & common questions: 4 Kestrel Way, Winnipeg

Property Overview: 4 Kestrel Way, Ridgewood South, Winnipeg

Key Characteristics & Appeal

This 2,143 sqft home, built in 2019, presents a compelling blend of modern living and established value. Its primary appeal lies in its above-average size and contemporary age compared to the broader Winnipeg market. The living space ranks in the top 8% city-wide, offering more room than most homes in the city, while its 2019 build date places it in the elite top 4% for age in Winnipeg, suggesting modern construction standards and less immediate need for major updates.

The property sits in a nuanced position within its immediate locale. On Kestrel Way itself, it stands out for its living area (top 11%) and assessed value (top 20%), indicating it is a well-regarded home on its street. The lot size, while smaller than some in the wider Ridgewood South area, is manageable and typical for newer subdivisions, potentially appealing to those seeking less yard maintenance.

This home would suit buyers looking for a move-in ready, modern property that offers space and a solid investment profile. It’s ideal for growing families or professionals who value a home that is newer than the vast majority of the city’s housing stock. The data suggests it’s a strong performer on its own street, making it a good choice for someone who wants a premium home within a specific, newer community, rather than the largest lot in the neighborhood.


Frequently Asked Questions

1. How does this home’s value compare to its last sale price?
The home sold in August 2019 for between $500,000 and $550,000. Its current assessed value is $537,000, indicating stable or modest appreciation in line with its street’s average assessed value of approximately $497,000.

2. Is the lot size a disadvantage?
The 4,628 sqft lot is below the neighborhood average but is around average city-wide. It represents a trade-off: it allows for a larger modern home on a manageable yard, which suits buyers preferring less outdoor upkeep. For those prioritizing extensive private outdoor space, it may be a consideration.

3. What does the "elite" city-wide ranking for year built mean?
This means the home is newer than approximately 96% of comparable properties across Winnipeg. For a buyer, this translates to potential benefits like modern building codes, newer major systems (roof, HVAC), and contemporary floor plans, likely reducing near-term renovation costs.

4. How accurate are the sold price figures provided?
The site states sold prices are based on publicly available internet data with limited verification and are not sourced from the MLS. For fully verified figures and exact sale amounts, you must request a manual lookup via email from the service.

5. The assessed value is above average on the street but "around average" for the neighborhood. What does this indicate?
This suggests Ridgewood South is a varied area with a mix of home values. This property is a higher-tier home on its specific street (Kestrel Way), but the neighborhood overall includes pockets with higher-value homes. It highlights the importance of evaluating a property on its immediate block as well as within the wider community.

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