73 Zimmerman Drive

Ridgewood South, Winnipeg

Property score

68.9

Good

Overall 68.9 · Compared with neighbourhood average

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

Transit 52.0 · 8-min walk to transit with 1 nearby route

Living Area

No data

Compared with neighborhood avg.

Taon ng Paggawa

No data

Compared with neighborhood avg.

Mother tongue

English · 74%Tagalog · 3%

Noong huling taunang property tax assessment, bakante pa ang lupang ito, kaya wala pa kaming maipakitang kaugnay na impormasyon tungkol sa gusali. Maaaring may bagong bahay na ngayon—kung kailangan mo ng tumpak na detalye, makipag-ugnayan sa amin sa contact sa kanang ibaba ng pahina; tutugon kami agad.

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

68.9 is composed by the two sections below.

Property Score

54.4Fair
Living Area50
Fair
Taon ng Paggawa50
Fair
Lupa67
5,332 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

Istatistika ng benta ng komunidad

Ridgewood South

How to read: Share of sales in each ~$50k price band for “ridgewood south” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

Assessed Value

mas mababa sa average
107k
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 1%
Same street · Zimmerman Drive
#59 / 58
Bottom 1% · Avg 478.1k
Same area · Ridgewood South
#784 / 783
Bottom 1% · Avg 560.2k
Citywide · Winnipeg
#193,061 / 194,458
Bottom 1% · Avg 390.1k

Taon ng Paggawa

Lupa

lampas sa average
5,332 sqft
0255075100
Same streetTop 10%Same areaBottom 47%CitywideTop 47%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

Search radius
No data within 500 m.

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%

Kasaysayan ng Benta

73 Zimmerman Drive: Wala kaming ipinapakitang kasaysayan ng bentahan batay lamang sa pampublikong datos; hindi ibig sabihin na walang bentahan noon. Puwede pa ring humiling sa email sa seksyong “Data notes” sa ibaba—hahanapin namin nang manu-mano at sasagutin nang may pinakamakatotohanang impormasyon.

Related homes

Mga tampok at karaniwang tanong: 73 Zimmerman Drive, Winnipeg

Property Overview: 73 Zimmerman Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This property presents a unique profile defined by significant contrasts. Its most striking feature is its assessed value of $107k, which is substantially below averages for the street ($478k), the Ridgewood South neighborhood ($560k), and the wider city ($390k). This positions it as an entry-point opportunity in a newer, developing area. The land size of 5,332 sq ft is above average for Zimmerman Drive, offering a good-sized lot in a context where many neighboring properties are on smaller parcels.

The appeal lies squarely in its potential and land value. It suits a specific type of buyer: those looking for a land play, a builder or investor intending to develop, or a hands-on buyer willing to undertake a significant renovation or rebuild. The property is not a move-in-ready home but a foundational asset in a community of newer homes (street average year built is 2024). It offers a chance to create equity through construction in an established modern neighborhood, rather than paying a premium for an already completed home.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the neighbors?
This typically indicates the property is either vacant land or has a structure that adds negligible value (e.g., a very old home, a tear-down, or an incomplete build). The value is primarily in the land itself.

2. What can actually be built on this lot?
While the lot size is favorable, you must consult with the city for specific zoning bylaws, building setbacks, floor area ratios, and any restrictive covenants to understand the exact buildable potential.

3. Are utilities and services connected to the property?
This is a critical due diligence question. For what appears to be a vacant or underdeveloped lot, confirming the availability and connection points for water, sewer, gas, and electricity is an essential first step.

4. How does the lack of sales history affect the buying process?
Without recent comparable sales for this specific property, determining a fair market offer price requires extra analysis. You'll need to rely heavily on the value of recent lot sales in the area and the end value of newly built homes, minus construction costs.

5. What are the immediate next steps if I'm interested?
Engage a real estate lawyer to review the title for any liens or unusual encumbrances. Then, consult with a builder or architect to understand development costs and feasibility before determining your offer price.