7 Munnion Road

Ridgewood South, Winnipeg

Property score

91.7

Excellent

Overall 91.7 · Larger than most nearby homes

2,236 sqft (top 14%) · Built in 2019 (2 yrs newer than avg)

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

Transit 76.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

Living Area

Above average

19% larger than neighborhood avg.

Year Built

Near average

2 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

91.7 is composed by the two sections below.

Property Score

92.4Excellent
Living Area96
2,236 sqftExcellent
Year Built97
2019Excellent
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

above average
2,236 sqft
0255075100
Same streetBottom 40%Same areaTop 14%CitywideTop 6%
Same street · Munnion Road
#6 / 10
Bottom 40% · Avg 2,138 sqft
Same area · Ridgewood South
#113 / 783
Top 14% · Avg 1,872 sqft
Citywide · Winnipeg
#11,560 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

Elite
654k
0255075100
Same streetBottom 30%Same areaTop 20%CitywideTop 5%
Same street · Munnion Road
#7 / 10
Bottom 30% · Avg 704.2k
Same area · Ridgewood South
#156 / 783
Top 20% · Avg 560.2k
Citywide · Winnipeg
#10,125 / 194,458
Top 5% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetBottom 40%Same areaBottom 48%CitywideTop 4%

Lot Size

around average
5,753 sqft
0255075100
Same streetBottom 1%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

7 Munnion Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 105 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 10/2019CA$550k–600k
Sold price

Same street

Bottom 1%

Same area

Top 37%

City-wide

Top 10%

Related homes

Highlights & common questions: 7 Munnion Road, Winnipeg

Property Overview: 7 Munnion Road, Winnipeg

Key Characteristics & Appeal

This 2019-built home in Ridgewood South offers a compelling blend of modern living and established value. Its primary appeal lies in its above-average size and premium citywide standing, all within a newer, low-maintenance package. With 2,236 sqft of living space, the home is notably larger than both the neighborhood and city averages, providing ample room for families. Its assessed value of $654k places it within the top 5% citywide, indicating a strong market position, yet it remains around the average for its own street, suggesting it fits comfortably within its immediate surroundings without being overbuilt.

The home suits buyers looking for a turnkey, modern property who prioritize interior space over expansive land, as the lot is slightly smaller than others on Munnion Road. It’s an ideal match for growing families or professionals seeking a spacious, contemporary layout without the upkeep of an older home. A thoughtful perspective is that this property offers "move-in equity"; its elite citywide rankings for size, value, and age suggest it’s a competitively positioned asset that has likely kept pace with or exceeded broader market trends, offering both immediate livability and a solid foundation for long-term value.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
The home last sold in late 2019 for between $550k-$600k. Its current assessed value is above that range and sits near the average for Munnion Road, indicating appreciation consistent with the street's trend.

2. Is the lot size a disadvantage?
The lot is smaller than others on the street but is close to the city average. This typically means less yard maintenance and a focus on the living space indoors, which is well above average. It’s a trade-off that suits those prioritizing the home itself over outdoor space.

3. What does its "elite" citywide ranking for year built mean?
Being in the top 4% citywide for age means it’s among the newest homes in Winnipeg. This translates to modern building standards, likely better energy efficiency, and fewer immediate repair concerns compared to the typical city home built in 1966.

4. Are the property taxes likely to be high?
Taxes are based on the assessed value. While the value is in the top 5% citywide, it is around the average for its own street. Taxes will be higher than for a typical Winnipeg home but proportionate to newer, well-appointed homes in the Ridgewood South area.

5. How can I verify the exact historical sale price?
The site provides estimated sale price ranges. Due to data licensing rules, exact sale prices are not published online. You can request the full transaction history via email from the site provider, who will manually look up and provide the verified figures.