5 Zimmerman Drive

Ridgewood South, Winnipeg

Property score

88.7

Excellent

Overall 88.7 · Newer than most nearby homes

1,976 sqft (top 35%) · Built in 2021 (4 yrs newer than avg)

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

Transit 58.0 · 6-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

Living Area

Near average

6% larger than neighborhood avg.

Year Built

Above average

4 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

88.7 is composed by the two sections below.

Property Score

87.4Excellent
Living Area1,976 sqft92Excellent
Year Built2021100Excellent
Lot Size4,251 sqft53Fair
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
1,976 sqft
0255075100
Same streetTop 17%Same areaTop 35%CitywideTop 11%
Same street · Zimmerman Drive
#10 / 58
Top 17% · Avg 1,737 sqft
Same area · Ridgewood South
#274 / 783
Top 35% · Avg 1,872 sqft
Citywide · Winnipeg
#22,188 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

above average
521k
0255075100
Same streetTop 26%Same areaBottom 46%CitywideTop 17%
Same street · Zimmerman Drive
#15 / 58
Top 26% · Avg 478.1k
Same area · Ridgewood South
#424 / 783
Bottom 46% · Avg 560.2k
Citywide · Winnipeg
#32,246 / 194,458
Top 17% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetBottom 7%Same areaTop 30%CitywideTop 2%

Lot Size

around average
4,251 sqft
0255075100
Same streetTop 48%Same areaBottom 12%CitywideBottom 30%

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

5 Zimmerman Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 430 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 11/2024CA$650k–700k
Sold price

Same street

Top 9%

Same area

Top 17%

City-wide

Top 4%
Sold 8/2022CA$600k–650k
Sold price

Same street

Top 23%

Same area

Top 27%

City-wide

Top 6%

Related homes

Highlights & common questions: 5 Zimmerman Drive, Winnipeg

Property Overview: 5 Zimmerman Drive, Winnipeg

Key Characteristics & Appeal

This 2021-built home in Ridgewood South offers a modern, low-maintenance living experience within a newer subdivision. Its primary appeal lies in its balance of above-average space and a contemporary build, all at an assessed value that positions it favorably across different scales.

The nearly 2,000 sqft living area is notably spacious compared to most Winnipeg homes, yet it sits on a more compact, manageable lot typical of newer developments. This creates an efficient layout that suits those who prefer indoor living space over extensive yard upkeep. While the lot size is smaller than many in the wider neighborhood, the home itself is newer than over 98% of citywide properties, suggesting modern building standards, systems, and minimal immediate repair needs.

It would best suit buyers seeking a turnkey, modern home without the premium often attached to brand-new construction. The data indicates strong value retention, with recent sold prices ranking in the top tier for the area. This profile is ideal for professionals, small families, or downsizers who prioritize a modern, spacious interior and predictable costs over a large, traditional yard.


Frequently Asked Questions

1. How does the lot size impact the property?
The lot is compact relative to older areas of Winnipeg, which means lower maintenance but less private outdoor space. It aligns with newer subdivision norms, focusing the property's value on the home itself.

2. The home is newer than most on its street. Is that a concern?
Not necessarily. Being built in 2021, it benefits from modern materials and efficiency standards. While the immediate street is still developing, the home's newer age is a significant asset citywide and may offer more predictable maintenance in the near term.

3. What do the sold price rankings mean?
The home has recently sold in the top 9% of its street and top 4% citywide for price. This suggests it has been a high-performing asset in its class, indicating strong market demand for this type of modern property.

4. How does the assessed value compare to likely market value?
The assessed value is $521k. Historical sold data shows the property transacting between $600k-$700k, indicating the assessed value is used for tax purposes and is typically below current market value.

5. Where can I get verified sale history details?
The site notes that exact sold prices are not displayed publicly due to industry rules. They offer a manual lookup service via email to provide full transaction history and exact figures upon request.

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