57 Kestrel Way

Ridgewood South, Winnipeg

Property score

90.2

Excellent

Overall 90.2 · Compared with neighbourhood average

1,886 sqft (top 42%) · 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

Near average

1% 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

90.2 is composed by the two sections below.

Property Score

89.9Excellent
Living Area1,886 sqft89Excellent
Year Built202097Excellent
Lot Size6,707 sqft85Excellent
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
1,886 sqft
0255075100
Same streetTop 37%Same areaTop 42%CitywideTop 14%
Same street · Kestrel Way
#17 / 46
Top 37% · Avg 1,798 sqft
Same area · Ridgewood South
#332 / 783
Top 42% · Avg 1,872 sqft
Citywide · Winnipeg
#27,109 / 194,458
Top 14% · Avg 1,342 sqft

Tax-Assessed Value

above average
485k
0255075100
Same streetBottom 35%Same areaBottom 28%CitywideTop 22%
Same street · Kestrel Way
#30 / 46
Bottom 35% · Avg 497.1k
Same area · Ridgewood South
#567 / 783
Bottom 28% · Avg 560.2k
Citywide · Winnipeg
#43,333 / 194,458
Top 22% · Avg 390.1k

Year Built

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

Lot Size

above average
6,707 sqft
0255075100
Same streetTop 13%Same areaTop 24%CitywideTop 20%

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

57 Kestrel Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 366 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 9/2020CA$400k–450k
Sold price

Same street

Bottom 27%

Same area

Bottom 16%

City-wide

Top 27%

Related homes

Highlights & common questions: 57 Kestrel Way, Winnipeg

Property Overview: 57 Kestrel Way, Ridgewood South, Winnipeg

Key Characteristics & Appeal

This 2020-built home offers a balanced, modern living package in Winnipeg’s Ridgewood South neighborhood. With 1,886 sqft of living space, it sits comfortably above the citywide average, providing ample room for a growing family or those seeking a spacious layout without an oversized footprint. Its primary appeal lies in its relative newness—ranking in the top 3% citywide for year built—which suggests modern construction standards, likely greater energy efficiency, and minimal immediate repair needs.

The lot size of 6,707 sqft is a standout feature on its street, offering more outdoor space than most direct neighbors, which is a valuable and less replaceable asset. The assessed value of $485k positions it as an above-average property citywide but notably below the neighborhood average, potentially offering good value within this specific area.

This home would suit buyers prioritizing a move-in-ready, modern build in a established neighborhood, who value a larger yard and seek a property that balances citywide appeal with local affordability. It’s a pragmatic choice for those who want newer amenities without venturing to the outer edges of new development.

Frequently Asked Questions

1. How does the assessed value compare to likely market value?
The assessed value of $485k is used for property tax calculation. Market value is determined by current buyer demand, recent sale prices of comparable homes, and condition. Given it’s below the neighborhood average assessed value, it may present a value opportunity, but a professional appraisal or comparative market analysis is needed for accuracy.

2. What are the implications of the home being built in 2020?
As a six-year-old home, it should still be under coverage for some original component warranties (like windows, major appliances). Major systems like roof, HVAC, and plumbing are likely in good condition, potentially deferring significant capital costs for several years.

3. The lot is larger than most on the street, but smaller than the neighborhood average. Why?
This indicates Kestrel Way may have smaller, more consistent lot sizes compared to other parts of Ridgewood South. You’re getting one of the larger properties on the block, which is a plus for privacy and outdoor use, even if some nearby areas have even larger lots.

4. What can the 2020 sale price range tell me?
The home sold for an estimated $400k-$450k in late 2020. Comparing that to its current assessed value shows market appreciation. To understand current trends, you would need to examine sale prices of similar nearby homes sold very recently.

5. How reliable is this comparative data?
The rankings provide useful context against public records for comparable homes. However, for precise decision-making—like making an offer—you should verify all details through a real estate professional, a full property inspection, and officially sourced land title and MLS sales history.

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.