6 Hofsted Drive

Ridgewood South, Winnipeg

Property score

82.9

Excellent

Overall 82.9 · Smaller and older than most nearby homes

1,467 sqft (bottom 9%) · Built in 2017

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

Transit 68.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

Living Area

Below average

22% smaller 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)

Sold Count

537

Median price

600.9k

$/sqft

$308/sqft

Avg build year

2017

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Property score

82.9 is composed by the two sections below.

Property Score

77.7Good
Living Area1,467 sqft75Good
Year Built201797Excellent
Lot Size4,820 sqft60Fair
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

around average
1,467 sqft
0255075100
Same streetBottom 2%Same areaBottom 9%CitywideTop 32%
Same street · Hofsted Drive
#39 / 40
Bottom 2% · Avg 1,897 sqft
Same area · Ridgewood South
#712 / 783
Bottom 9% · Avg 1,872 sqft
Citywide · Winnipeg
#63,067 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
467k
0255075100
Same streetBottom 1%Same areaBottom 19%CitywideTop 25%
Same street · Hofsted Drive
#40 / 40
Bottom 1% · Avg 644.1k
Same area · Ridgewood South
#635 / 783
Bottom 19% · Avg 560.2k
Citywide · Winnipeg
#49,403 / 194,458
Top 25% · Avg 390.1k

Year Built

Elite
2017
0255075100
Same streetBottom 37%Same areaBottom 25%CitywideTop 5%

Lot Size

around average
4,820 sqft
0255075100
Same streetBottom 1%Same areaBottom 35%CitywideBottom 40%

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

6 Hofsted Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 228 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 10/2017CA$400k–450k
Sold price

Same street

Bottom 7%

Same area

Bottom 20%

City-wide

Top 26%

Related homes

Highlights & common questions: 6 Hofsted Drive, Winnipeg

Property Overview: 6 Hofsted Drive, Winnipeg

Key Characteristics & Appeal

This 2017-built home in Ridgewood South presents a compelling case of context. With 1,467 sqft of living space, it is notably smaller than most homes on its street and in the immediate neighborhood, which are typically larger and have higher assessed values. However, this perspective shifts when viewed city-wide. Compared to the average Winnipeg home, it offers a more modern build (ranking in the top 5% by age), above-average assessed value, and a reasonably sized lot.

The primary appeal lies in its value proposition within a desirable, newer suburban area. It suits first-time buyers or downsizers seeking a modern, low-maintenance home in a well-established neighborhood without the premium price tag of the largest properties on the block. It also represents a potential entry point into a street where property values are generally higher, offering the benefits of the location without the square footage. A thoughtful perspective is that this home may offer greater affordability on property taxes and utilities compared to its immediate neighbors, due to its smaller size and proportionally lower assessment.

Frequently Asked Questions

1. Is this home overpriced for its size on this street?
The data suggests it is priced in line with its specific characteristics. While its living area and assessed value are below the street average, its city-wide ranking is strong. The price reflects a trade-off: a newer home in a premium area, but with a more efficient footprint.

2. What does the "Elite" city-wide ranking for year built mean?
This indicates the home is newer than approximately 95% of comparable properties across Winnipeg. For a buyer, this typically translates to modern building standards, less immediate need for major repairs or updates, and potentially better energy efficiency.

3. Why is the assessed value so much lower than the street average?
The assessed value ($467k) is significantly below the street average ($644.1k) primarily due to the home's smaller square footage and likely more modest specifications compared to the larger, higher-end homes that define the average on Hofsted Drive.

4. How reliable is the sold price data shown?
The sold price range (CA$400k–450k) is based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup via the provided email service.

5. Who would this property not suit?
It may not suit buyers who prioritize maximizing interior space above all else, or those who want their property to be at the top end of the street in terms of size and value. It is also less likely to fit a large or multi-generational family needing extensive room.

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