Property score
87.4
Excellent
Overall 87.4 · Smaller but newer than most nearby homes
1,682 sqft (bottom 28%) · Built in 2023 (6 yrs newer than avg)
Located in a high-income area with median household income of ~139k
Transit 58.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
10% smaller than neighborhood avg.
Year Built
Above average
6 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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87.4 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
74 Cassowary Lane — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 330 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 14% | Top 29% | Top 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 74 Cassowary Lane, Ridgewood South, Winnipeg
Section 1: Key Characteristics & Appeal
This 2023-built home in Ridgewood South presents a compelling mix of modern living and established value. At 1,682 sqft, it offers above-average space for Winnipeg overall, though it is more modest compared to some larger, newer homes in its immediate area. Its assessed value of $619k is notably above the neighbourhood and city averages, positioning it as a premium property in a desirable area.
The primary appeal lies in its exceptional newness and strong citywide standing. Being newer than 99% of comparable homes city-wide means minimal immediate maintenance and modern building standards. For buyers, this suits someone seeking a modern, move-in-ready home without the wait or uncertainties of new construction, but who values being part of a developed community. It’s a practical choice for professionals or small families who prioritize quality and location over sheer square footage, offering a balance between a premium investment and manageable living space. A thoughtful perspective is that while it may feel average on its own street, its value is anchored by its rarity and condition on the broader city scale, suggesting long-term stability.
Section 2: Frequently Asked Questions
1. Is the living area small for the area?
Compared to other homes on Cassowary Lane and in Ridgewood South, the living area is below average. However, it remains above the citywide average, offering a comfortable size for many households.
2. Why is the assessed value so high relative to the size?
The high assessed value reflects the home’s very recent construction (2023), which places it in the top 1% city-wide for newness. This premium accounts for modern materials, systems, and minimal depreciation.
3. What was the exact historical sale price?
Public data indicates a sale in September 2023 within the range of $600k-$650k. For fully verified and exact transaction figures, a manual lookup through the site’s email request service is required.
4. How does the lot size compare?
The lot of 5,746 sqft is around average for the street, neighbourhood, and city. It is not exceptionally large or small, offering typical outdoor space for the area.
5. Who are the typical neighbours?
The street and nearby crescents consist largely of very new homes (built 2020-2023), creating a uniform, modern streetscape. Assessed values on the lane are generally high, indicating a consistent, upscale character for the immediate block.
