59 Eliuk Cove

Ridgewood South, Winnipeg

Property score

83.9

Excellent

Overall 83.9 · Smaller but newer than most nearby homes

1,483 sqft (bottom 10%) · Built in 2024 (7 yrs newer than avg)

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

Transit 52.0 · 7-min walk to transit with 1 nearby route · Within 500m: 1 park nearby

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Above average

7 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

83.9 is composed by the two sections below.

Property Score

79.4Good
Living Area75
1,483 sqftGood
Year Built100
2024Excellent
Lot Size67
5,087 sqftGood
Neighbourhood Sales Activity86
Excellent

Community Score

90.7Excellent
Household Income92
Excellent
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health90
Excellent

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

around average
1,483 sqft
0255075100
Same streetBottom 17%Same areaBottom 10%CitywideTop 32%
Same street · Eliuk Cove
#10 / 12
Bottom 17% · Avg 2,115 sqft
Same area · Ridgewood South
#706 / 783
Bottom 10% · Avg 1,872 sqft
Citywide · Winnipeg
#61,397 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
524k
0255075100
Same streetBottom 8%Same areaBottom 47%CitywideTop 16%
Same street · Eliuk Cove
#11 / 12
Bottom 8% · Avg 676.1k
Same area · Ridgewood South
#415 / 783
Bottom 47% · Avg 560.2k
Citywide · Winnipeg
#31,403 / 194,458
Top 16% · Avg 390.1k

Year Built

Elite
2024
0255075100
Same streetTop 17%Same areaTop 3%CitywideTop 1%

Lot Size

around average
5,087 sqft
0255075100
Same streetBottom 1%Same areaBottom 43%CitywideBottom 47%

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

59 Eliuk Cove — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 438 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 7/2024CA$550k–600k
Sold price

Same street

Bottom 1%

Same area

Top 38%

City-wide

Top 10%

Related homes

Highlights & common questions: 59 Eliuk Cove, Winnipeg

Property Overview

59 Eliuk Cove is a modern, two-year-old home in Winnipeg's Ridgewood South neighborhood. Its appeal lies in its balance of being a newer construction within a well-established city context. While it sits among larger, higher-valued homes on its specific street, it offers a turnkey, low-maintenance lifestyle in a sought-after area.

Key Characteristics & Ideal Buyer

This home is notable for its age, ranking among the newest 1% of comparable properties city-wide. With 1,483 sqft of living space, it is compact relative to its immediate neighbors but aligns closely with the Winnipeg average. The assessed value of $524k is above the city-wide benchmark, yet it is the second-most affordable on Eliuk Cove, presenting a value-oriented entry point into a premium street.

The property suits buyers seeking a modern home without the wait of a build, particularly first-time buyers or downsizers who prioritize new systems, contemporary layout, and minimal immediate upkeep. It’s a pragmatic choice for someone who values the prestige of a newer neighborhood like Ridgewood South but is comfortable with a more efficient floor plan and a standard city lot size.

A less obvious perspective is the home’s positional value: it offers the benefits of a mature, high-value community without paying a premium for the largest footprint on the block. It’s a newer asset in an appreciating area, which can be a strategic middle ground between a brand-new subdivision and an older, renovated home.

Frequently Asked Questions

1. How does the home’s size compare to others nearby?
At 1,483 sqft, the living area is smaller than most on Eliuk Cove and in Ridgewood South, but is very close to the overall Winnipeg average. It’s a comfortably sized, modern home that prioritizes efficiency over sheer square footage.

2. Why is the assessed value lower than the street average?
The assessed value of $524k is below the street average because most homes on Eliuk Cove are larger and have higher valuations. This position makes it one of the more accessible properties on the block, offering entry into the neighborhood.

3. What does the "Elite" ranking for year built mean?
Ranking in the top 1% city-wide for year built (2024) confirms the home is exceptionally new compared to Winnipeg’s overall housing stock. In Ridgewood South, it’s in the top 3%, indicating it’s among the newest homes in a relatively recent neighborhood.

4. Are the sold price figures shown exact?
The displayed sold price range (CA$550k–600k) is an estimate. To receive the verified, exact sale history and price, you must request it directly via email from the site, as they manually provide this data due to industry regulations.

5. What are the implications of the smaller lot size?
The 5,087 sqft lot is the smallest on Eliuk Cove but is near the city average. This typically means lower yard maintenance and potentially lower property taxes tied to land value, while still providing standard outdoor space for a city home.