Property score
91.0
Excellent
Overall 91.0 · Larger than most nearby homes
2,147 sqft (top 20%) · Built in 2019 (2 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
15% 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)
537
600.9k
$308/sqft
2017
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91.0 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
7 Spillett Cove — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 351 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 | Bottom 17% | Bottom 32% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 7 Spillett Cove, Winnipeg
Key Characteristics & Appeal
This 2,147 sqft home, built in 2019, presents a compelling blend of modern construction and established community. Its primary appeal lies in its above-average size and contemporary age relative to the broader Winnipeg market. The home ranks in the top 8% city-wide for living area and the top 4% for its recent year of build, meaning it offers more modern amenities and space than the vast majority of homes in the city. With an assessed value of $588k, it sits above average at every geographic level, suggesting a premium, well-regarded property.
The data indicates it would suit buyers seeking a move-in ready, modern home without the wait or uncertainties of new construction, in a neighborhood where it compares favorably to nearby properties. It’s particularly suited for those who value space and newer builds but may not require the largest lot, as the land area is more in line with local averages. A thoughtful perspective is that this home offers the benefits of a near-new build while being in a settled area where the street itself has developed a consistent character, with several homes built around the same period.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold in 2019 for between $450k-$500k. Its current assessed value of $588k is above the street average of $560k, ranking 4th highest out of 14 homes. This suggests significant appreciation and a premium position on the street.
2. Is the lot size typical for the area?
At 5,714 sqft, the lot is around the average for the street but somewhat smaller than the broader Ridgewood South neighborhood average. It offers standard outdoor space for the immediate area but is not an exceptionally large parcel.
3. What does the "Elite" city-wide ranking for year built mean?
Ranking in the top 4% city-wide for year built highlights that this is a notably newer home compared to Winnipeg's overall housing stock, which has an average build year of 1966. This typically translates to modern building codes, materials, and systems.
4. Who are the likely neighbors, based on the comparable properties listed?
The provided comparables suggest the immediate area consists primarily of homes built between 2017-2020, with living areas ranging from approximately 1,200 to 2,400 sqft. This indicates a neighborhood of relatively new, mid-to-large sized family homes.
5. How can I verify the exact historical sold price?
The site provides sold price ranges for general research. To obtain the exact sale figures and full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.
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