69 Kestrel Way

Ridgewood South, Winnipeg

Property score

85.6

Excellent

Overall 85.6 · Smaller than most nearby homes

1,596 sqft (bottom 18%) · Built in 2020 (3 yrs newer than avg)

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

Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Below average

15% 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

85.6 is composed by the two sections below.

Property Score

82.2Excellent
Living Area79
1,596 sqftGood
Year Built97
2020Excellent
Lot Size74
5,915 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

above average
1,596 sqft
0255075100
Same streetBottom 17%Same areaBottom 18%CitywideTop 26%
Same street · Kestrel Way
#38 / 46
Bottom 17% · Avg 1,798 sqft
Same area · Ridgewood South
#639 / 783
Bottom 18% · Avg 1,872 sqft
Citywide · Winnipeg
#49,747 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

around average
408k
0255075100
Same streetBottom 4%Same areaBottom 4%CitywideTop 36%
Same street · Kestrel Way
#44 / 46
Bottom 4% · Avg 497.1k
Same area · Ridgewood South
#751 / 783
Bottom 4% · Avg 560.2k
Citywide · Winnipeg
#70,801 / 194,458
Top 36% · Avg 390.1k

Year Built

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

Lot Size

above average
5,915 sqft
0255075100
Same streetTop 17%Same areaTop 37%CitywideTop 35%

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 Kestrel Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 374 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 6/2020CA$400k–450k
Sold price

Same street

Bottom 14%

Same area

Bottom 8%

City-wide

Top 32%

Related homes

Highlights & common questions: 69 Kestrel Way, Winnipeg

Property Overview: 69 Kestrel Way, Ridgewood South, Winnipeg

Key Characteristics & Appeal

This 2020-built home in Ridgewood South presents a compelling mix of modern convenience and relative value. At 1,596 sqft, its living space is notably above the Winnipeg citywide average, offering more room than many homes across the city, yet it sits below the averages for its own street and neighborhood. This creates a unique positioning: you get a newer, spacious home without paying the premium typical for the immediate area.

The assessed value of $408k is a key feature. It is significantly below the averages for Kestrel Way and Ridgewood South, but aligns closely with the citywide benchmark. This suggests the property could be an accessible entry point into a desirable neighborhood, offering potential long-term value as the area matures. The lot size is generous for the street, and the home's age places it in the top tier citywide, meaning major systems and finishes are modern and likely require minimal immediate investment.

This home would suit value-conscious buyers looking for a turnkey, modern property in a developing area. It’s ideal for those who prioritize a newer build and more interior space over having the largest home on the block. It could also appeal to investors or first-time buyers seeking a foothold in a community where surrounding properties hold higher values, banking on future equity growth.


Frequently Asked Questions

1. Why is the assessed value lower than neighbors on the same street?
While the home is newer, its living area is smaller than many direct neighbors. Assessed value considers factors like size, age, and improvements. The combination of a slightly smaller footprint and potentially different finishes or layout compared to larger homes on the street results in a lower assessment.

2. As a newer home (2020), what should I still inspect?
Even a 6-year-old home needs scrutiny. Focus on builder-grade material quality, drainage and grading around the foundation (settling is common in new builds), and the performance of all appliances and HVAC systems installed at construction. Check for any signs of premature wear.

3. How meaningful is the "above average citywide" ranking?
It highlights a key advantage: for a buyer comparing options across all of Winnipeg, this home offers more space and is much newer than the typical Winnipeg house. It frames the property as a strong contender in the broader market, not just its immediate circle.

4. What does the sold price history (2020) tell me?
The prior sale gives a baseline, but market conditions have changed. Its primary use is to see the original purchase price, which can help gauge the rate of appreciation. To understand its current market value, you need to compare it to recently sold homes, not just assessed values.

5. How do I get the exact past sold price?
Due to data licensing rules, exact sold prices are not published publicly on this site. You can request the exact figure via the email lookup service provided on the property page, which will deliver verified data directly to you.