Property score
92.4
Excellent
Overall 92.4 · Larger but older than most nearby homes
2,285 sqft (top 11%) · Built in 2017
Located in a high-income area with median household income of ~139k
Transit 68.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
22% larger than neighborhood avg.
Year Built
Below average
0 yrs newer 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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92.4 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
58 Hofsted Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 321 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 | Top 26% | Top 8% | Top 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 58 Hofsted Drive, Winnipeg
Key Characteristics & Appeal
This 2017-built home in Ridgewood South stands out for its generous scale and premium valuation within a modern neighborhood. Its 2,285 sqft living area places it well above averages for the street, neighborhood, and significantly above the Winnipeg norm, ranking in the top 5% city-wide. The assessed value of $846k tells a clear story of established worth, ranking in the top 10% on its street, top 3% in Ridgewood South, and top 2% across the entire city.
The primary appeal lies in acquiring a spacious, relatively new home in a developed area without compromising on size—a combination that is statistically elite for Winnipeg. While the lot size is consistent with the street average, the home itself offers substantial interior space. It suits buyers who prioritize move-in readiness, modern construction, and above-average square footage, and who are comfortable with a value proposition that reflects a premium, established asset rather than a fixer-upper or a bargain lot. A thoughtful perspective is that this property represents stability and "known quantity" value within its micro-market, as evidenced by its strong standing against immediate neighbors and recent comparable sales.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
Based on available data, the home last sold in 2017 for an estimated $750k-$800k. Its current assessed value of $846k places it in the top 10% on Hofsted Drive, suggesting its market value has appreciated in line with or above other homes in the immediate area.
2. Is the lot size typical for the area?
The 6,066 sqft lot is very typical for Hofsted Drive, but is below the broader Ridgewood South neighborhood average. This indicates the street consists of newer homes on efficiently sized lots, with the property’s appeal centered more on the home’s size and modern features than on extensive outdoor space.
3. What does the "Elite" city-wide ranking for year built mean?
While the home is average-aged for its modern street, being built in 2017 makes it newer than approximately 95% of all comparable homes across Winnipeg. This highlights the advantage of a contemporary build in a city with many older housing stocks.
4. How reliable is the sold price history provided?
The sold price range is based on publicly available data, not the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup from the site, which they provide via email.
5. Are property taxes available for this listing?
Property taxes are not detailed in this summary. The assessed value of $846k is a key municipal determinant for calculating taxes, and prospective buyers should inquire directly for an accurate annual tax estimate.
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