69 Cassowary Lane

Ridgewood South, Winnipeg

Property score

92.8

Excellent

Overall 92.8 · Larger and newer than most nearby homes

2,661 sqft (top 2%) · Built in 2022 (5 yrs newer than avg)

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

42% larger than neighborhood avg.

Year Built

Above average

5 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

92.8 is composed by the two sections below.

Property Score

94.2Excellent
Living Area98
2,661 sqftExcellent
Year Built100
2022Excellent
Lot Size74
5,753 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

Elite
2,661 sqft
0255075100
Same streetTop 3%Same areaTop 2%CitywideTop 2%
Same street · Cassowary Lane
#1 / 34
Top 3% · Avg 2,113 sqft
Same area · Ridgewood South
#13 / 783
Top 2% · Avg 1,872 sqft
Citywide · Winnipeg
#3,884 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
874k
0255075100
Same streetTop 6%Same areaTop 2%CitywideTop 2%
Same street · Cassowary Lane
#2 / 34
Top 6% · Avg 714.4k
Same area · Ridgewood South
#14 / 783
Top 2% · Avg 560.2k
Citywide · Winnipeg
#3,217 / 194,458
Top 2% · Avg 390.1k

Year Built

Elite
2022
0255075100
Same streetTop 35%Same areaTop 20%CitywideTop 1%

Lot Size

around average
5,753 sqft
0255075100
Same streetBottom 44%Same areaTop 40%CitywideTop 38%

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

69 Cassowary Lane — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 277 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 11/2022CA$700k–750k
Sold price

Same street

Top 48%

Same area

Top 12%

City-wide

Top 3%

Related homes

Highlights & common questions: 69 Cassowary Lane, Winnipeg

Property Overview: 69 Cassowary Lane, Winnipeg

Key Characteristics & Appeal

This 2022-built home in Ridgewood South stands out for its generous scale and modern construction. At 2,661 sqft, its living space ranks in the top 2-3% compared to both the neighborhood and the entire city of Winnipeg, offering significantly more room than the average local home. With an assessed value of $874,000, it sits well above area averages, reflecting its premium positioning. The lot size is fairly typical for the street, prioritizing the substantial home footprint over expansive yard space.

The primary appeal lies in acquiring a like-new, large-format home in a modern subdivision without the wait of new construction. It suits buyers looking for move-in-ready, spacious interiors and who value a property with strong statistical standing in terms of size and value relative to its peers. A thoughtful perspective is that while the home is elite at the city and neighborhood level, on its own street it is among high-caliber peers—it’s in a consistently desirable lane where newer, larger homes are the norm. This offers community stability but suggests future value may be closely tied to the ongoing performance of the immediate area.

Frequently Asked Questions

1. How does the sold price compare to the current assessed value?
The home last sold in late 2022 for an estimated $700k–$750k. The current assessed value is $874k. This increase reflects market changes and the addition of two more years of ownership history since it was last sold as a nearly new build.

2. Is the lot size a disadvantage?
At 5,753 sqft, the lot is slightly smaller than the street average and notably smaller than the broader neighborhood average. This indicates the property is designed around the substantial home, with a yard that is functional but not oversized. It’s a trade-off for more interior space.

3. What does the "Elite" ranking actually mean?
For living area and assessed value, rankings in the "Top 2%" city-wide mean this property outperforms approximately 98% of comparable homes across Winnipeg in those specific metrics. It’s a strong indicator of its relative size and valuation tier.

4. Who are the typical neighbors?
The nearby comparable properties are almost exclusively homes built between 2020-2023, with similarly high assessed values. This suggests a uniform, modern community without significant variation in home age or style.

5. How can I verify the exact historical sold prices?
The site provides estimated price bands. To obtain fully verified, exact transaction figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.