Property score
88.8
Excellent
Overall 88.8 · Older than most nearby homes
1,786 sqft (bottom 41%) · 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
Near average
5% 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)
537
600.9k
$308/sqft
2017
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88.8 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
62 Hofsted Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 332 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 4% | Top 1% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 62 Hofsted Drive, Winnipeg
Key Characteristics & Appeal
This 2017-built home in Ridgewood South presents a compelling mix of modern comfort and established value. At 1,786 sqft, its living space is above the Winnipeg average, offering ample room in a contemporary layout. The lot size of 6,261 sqft is notably generous for the immediate street, providing above-average outdoor space.
The primary appeal lies in its exceptional standing in terms of value. With an assessed value of $844k, this property ranks in the top 3% of its neighborhood and the top 2% city-wide, indicating a premium, well-regarded asset. It recently sold for between $950,000 and $1,000,000, a price point that confirms its elite market position. While the home is newer than most in Winnipeg, it is slightly older than many in its own subdivision, suggesting a settled streetscape without sacrificing modern construction standards.
This home would suit buyers looking for a move-in ready, modern property in a desirable suburban area, who prioritize a strong value proposition and investment-grade metrics. It’s ideal for those who appreciate space but don’t require the largest home on the block, and who are attracted to a property that stands out significantly in assessed value relative to its peers.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the sale price?
In this case, the recent sale price (between $950k and $1M) came in significantly above the $844k assessed value. This is common for high-demand properties and confirms the home’s market value exceeds its official assessment.
2. How does the lot size compare to the neighborhood?
At 6,261 sqft, the lot is above average for Hofsted Drive. However, the neighborhood (Ridgewood South) average is larger at over 8,300 sqft, meaning this property offers a generous yard for its specific street, but not necessarily the largest in the broader area.
3. The home is newer than most in Winnipeg, but what about its immediate area?
Built in 2017, the home is newer than 95% of Winnipeg homes. On its street and in Ridgewood South, it’s around or slightly below the average build year, meaning you’re in a modern subdivision where this home is part of the established fabric, not an outlier.
4. What does the "Elite" ranking for assessed value actually mean?
It means this home’s official valuation is higher than 97-98% of comparable properties in its neighborhood and city. This typically reflects a combination of location, lot, finishes, and market demand, signaling a premium property.
5. Where can I find the exact sale price?
The exact sale price is not publicly displayed due to data source rules. The site provides a sold price range, but you can request the exact figure via email from the provider, who will manually look it up and send it to you.
