49 Kestrel Way

Ridgewood South, Winnipeg

Property score

93.8

Excellent

Overall 93.8 · Larger than most nearby homes

2,201 sqft (top 17%) · Built in 2020 (3 yrs newer than avg)

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

Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Above average

18% larger than neighborhood avg.

Year Built

Near average

3 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

93.8 is composed by the two sections below.

Property Score

95.9Excellent
Living Area2,201 sqft96Excellent
Year Built202097Excellent
Lot Size10,000 sqft97Excellent
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
2,201 sqft
0255075100
Same streetTop 4%Same areaTop 17%CitywideTop 7%
Same street · Kestrel Way
#2 / 46
Top 4% · Avg 1,798 sqft
Same area · Ridgewood South
#132 / 783
Top 17% · Avg 1,872 sqft
Citywide · Winnipeg
#12,779 / 194,458
Top 7% · Avg 1,342 sqft

Tax-Assessed Value

above average
532k
0255075100
Same streetTop 24%Same areaTop 48%CitywideTop 15%
Same street · Kestrel Way
#11 / 46
Top 24% · Avg 497.1k
Same area · Ridgewood South
#375 / 783
Top 48% · Avg 560.2k
Citywide · Winnipeg
#29,234 / 194,458
Top 15% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 15%Same areaTop 39%CitywideTop 3%

Lot Size

above average
10,000 sqft
0255075100
Same streetTop 7%Same areaTop 8%CitywideTop 6%

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

49 Kestrel Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 373 m).

Search radius
🌳Parks2

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 5/2020CA$450k–500k
Sold price

Same street

Top 24%

Same area

Bottom 38%

City-wide

Top 19%

Related homes

Highlights & common questions: 49 Kestrel Way, Winnipeg

Property Overview: 49 Kestrel Way, Winnipeg

Key Characteristics & Appeal

This 2020-built home in Ridgewood South stands out for its generous proportions and modern age. Its 2,201 sqft of living space is notably larger than most homes on its street, in the neighborhood, and across Winnipeg, placing it in the top tier for size. The property is further distinguished by a 10,000 sqft lot, which is nearly double the street average, offering significant outdoor space rarely found in newer builds.

The appeal lies in acquiring a like-new home without the typical trade-off of a smaller yard. It suits buyers looking for move-in-ready, modern construction who also prioritize privacy, room for gardening, or future expansion. The assessed value of $532k is above average for the city, yet moderate for the immediate area, suggesting a value proposition within a desirable street. It’s an ideal fit for growing families or those seeking a long-term home with ample indoor and outdoor room to grow, all while benefiting from the low maintenance of a recent build.

Frequently Asked Questions

1. How does the property’s value compare to recent sales on the street?
The home last sold in mid-2020 for between $450k and $500k. Its current assessed value of $532k ranks above the street average, indicating appreciation. For precise, verified sale figures of this and comparable homes, you can request a manual lookup via email.

2. Is the lot size typical for the area?
No, it’s a key feature. At 10,000 sqft, the lot is significantly larger than most on Kestrel Way (avg. ~5,345 sqft) and in the wider Ridgewood South neighborhood, offering a uncommon level of space for a home built in 2020.

3. What does the "Elite" or "Above Average" ranking mean for the living area?
These rankings compare the home against groups of similar properties. Its living area is in the top 4% on its street, the top 17% in the neighborhood, and the top 7% city-wide, confirming it is a spacious property by any measure.

4. The neighborhood assessed value ranking is "Around Average." Does that mean it’s overpriced?
Not necessarily. This indicates the home’s value is typical for Ridgewood South. Given that its living area and lot size are well above neighborhood averages, this could reflect a balance where the premium features are offset by the home’s value being in line with the area’s market.

5. How can I see exactly what nearby properties have sold for?
The site provides sold price ranges. Due to industry rules, exact MLS sold records are not displayed. You can request exact, manually verified sale prices for this property and others by email, which will be provided without obligation.

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