61 Kestrel Way

Ridgewood South, Winnipeg

Property score

87.0

Excellent

Overall 87.0 · Smaller than most nearby homes

1,618 sqft (bottom 21%) · 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

Below average

14% smaller 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

87.0 is composed by the two sections below.

Property Score

84.6Excellent
Living Area1,618 sqft83Excellent
Year Built202097Excellent
Lot Size5,823 sqft74Good
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
1,618 sqft
0255075100
Same streetBottom 20%Same areaBottom 21%CitywideTop 25%
Same street · Kestrel Way
#37 / 46
Bottom 20% · Avg 1,798 sqft
Same area · Ridgewood South
#621 / 783
Bottom 21% · Avg 1,872 sqft
Citywide · Winnipeg
#47,643 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

around average
422k
0255075100
Same streetBottom 9%Same areaBottom 6%CitywideTop 33%
Same street · Kestrel Way
#42 / 46
Bottom 9% · Avg 497.1k
Same area · Ridgewood South
#736 / 783
Bottom 6% · Avg 560.2k
Citywide · Winnipeg
#65,035 / 194,458
Top 33% · Avg 390.1k

Year Built

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

Lot Size

above average
5,823 sqft
0255075100
Same streetTop 22%Same areaTop 39%CitywideTop 36%

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

61 Kestrel Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 370 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 5/2020CA$350k–400k
Sold price

Same street

Bottom 2%

Same area

Bottom 2%

City-wide

Top 37%

Related homes

Highlights & common questions: 61 Kestrel Way, Winnipeg

Property Overview: 61 Kestrel Way, Winnipeg

Key Characteristics & Appeal

This 2020-built home in Ridgewood South presents a compelling mix of modern convenience and relative value. At 1,618 sqft, its living space is notably above the Winnipeg city average, offering more room than many homes across the broader market. However, within its own desirable street and neighborhood, it sits below the local averages for both size and assessed value. This creates a key dynamic: you are acquiring a newer, well-sized home in an established area, but at an assessed value that is significantly lower than many of its immediate neighbors. The lot size is generous for the street.

Its primary appeal lies in this positioning. It’s a turn-key, modern property without the premium often attached to newer builds in mature neighborhoods. It would suit value-conscious buyers looking for a contemporary home in a settled community, who are comfortable with a property that may be more modest in scale compared to its closest neighbors but stands out strongly in a city-wide context. It’s also an interesting option for those who prioritize a newer construction year (ranking in the top 3% city-wide) and a lower property tax assessment relative to the area.


Frequently Asked Questions

1. Is this a good value compared to other homes on the street?
The data suggests it could be. Its assessed value is notably below the street average ($422k vs. $497k), while the home itself is newer than most on the block. This may indicate a value opportunity, though factors like finishes, layout, and condition should be verified.

2. The living area seems smaller than neighbors'. How does that feel?
While below the street and neighborhood averages, the home is still larger than 75% of comparable properties across Winnipeg. It offers modern, efficient space. The experience will depend on layout and how the space is utilized compared to older, potentially more segmented floor plans in larger homes nearby.

3. The home sold in 2020. Why is the sold price shown as a range?
For non-registered users, the site displays past sold prices in $50k bands to protect precise transaction data. You can request the exact sold price history via email for a manual lookup.

4. How reliable is the assessed value for determining market price?
Assessed value is for municipal taxation, not a direct market appraisal. That this home's assessment is lower than neighbors' is positive for property taxes, but the current market price is determined by recent comparable sales, demand, and the home's specific condition.

5. What does the "Elite" city-wide ranking for year built mean?
It means this 2020-built home is newer than approximately 97% of comparable properties across all of Winnipeg. This is a significant advantage, suggesting modern building standards, systems, and less immediate need for major updates compared to the typical Winnipeg home.

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.