Property score
80.9
Excellent
Overall 80.9 · Smaller and older than most nearby homes
1,281 sqft (bottom 5%) · Built in 2016 (1 yr older 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: 2 parks nearby
Living Area
Below average
32% smaller than neighborhood avg.
Year Built
Below average
1 yrs older 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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80.9 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” (Detached houses (non-condo), 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.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
56 Kelly Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 333 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 21% | Bottom 22% | Top 25% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 12% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Section 1: Key Characteristics & Buyer Appeal
This 2016-built home in Ridgewood South presents a specific value proposition. At 1,281 sqft, its living space is notably smaller than most homes on its street and in its immediate neighborhood, but it is very close to the average size for Winnipeg as a whole. This creates an interesting dynamic: it’s a modern, low-maintenance home in a well-established area of newer properties.
Its primary appeal lies in its efficient scale and relative value. With an assessed value of $454k, it sits below the averages for both Kelly Place and Ridgewood South, yet it is above the citywide average. This suggests you are acquiring a newer home in a desirable neighborhood at a lower entry point than most of its direct peers. The lot size is consistent with the street average, offering standard outdoor space.
This property would best suit first-time buyers or downsizers seeking a modern build (just 10 years old) without the premium price tag of the largest homes in the area. It’s for those who prioritize newer systems and construction over sheer square footage, and who see the value in being part of a neighborhood where their property’s assessed value is competitive on a citywide scale. A thoughtful perspective is that this home offers a way to access a top-tier neighborhood (Ridgewood South ranks highly overall) in a more manageable, affordable package.
Section 2: Frequently Asked Questions
1. Is this home significantly smaller than its neighbors?
Yes. The data shows it has the smallest living area on Kelly Place and is in the bottom 5% for size within the Ridgewood South neighborhood. However, it is virtually identical to the typical Winnipeg home.
2. Why is the assessed value lower than the street and neighborhood averages?
The lower assessed value is closely tied to the home’s smaller living area compared to its immediate peers. On Kelly Place and in Ridgewood South, larger homes are the norm, pulling the average value up. Citywide, its value is actually above average.
3. As a newer home, does it have any advantages over older ones in Winnipeg?
Yes. Built in 2016, it is newer than approximately 94% of homes across Winnipeg. This typically suggests greater energy efficiency, modern building standards, and less immediate need for major repairs or updates compared to the city’s median home age of 1966.
4. What do the past sale prices indicate?
It sold in 2016 and again in 2020, both times within the $400k-$450k range. These past prices were in the top 25-30% of Winnipeg sales at those times, confirming its history as a property valued above the city median.
5. How can I get the exact historical sold prices?
The precise sale figures are not published on this site due to data source rules. You can request the exact sold price history by emailing the site directly; they will provide the figures manually at no cost.
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