75 Cassowary Lane

Ridgewood South, Winnipeg

Property score

92.8

Excellent

Overall 92.8 · Larger and newer than most nearby homes

2,540 sqft (top 4%) · Built in 2023 (6 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

36% larger 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)

Sold Count

537

Median price

600.9k

$/sqft

$308/sqft

Avg build year

2017

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Property score

92.8 is composed by the two sections below.

Property Score

94.2Excellent
Living Area98
2,540 sqftExcellent
Year Built100
2023Excellent
Lot Size74
5,730 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

Elite
2,540 sqft
0255075100
Same streetTop 21%Same areaTop 4%CitywideTop 3%
Same street · Cassowary Lane
#7 / 34
Top 21% · Avg 2,113 sqft
Same area · Ridgewood South
#31 / 783
Top 4% · Avg 1,872 sqft
Citywide · Winnipeg
#5,103 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
913k
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 1%
Same street · Cassowary Lane
#1 / 34
Top 3% · Avg 714.4k
Same area · Ridgewood South
#6 / 783
Top 1% · Avg 560.2k
Citywide · Winnipeg
#2,777 / 194,458
Top 1% · Avg 390.1k

Year Built

Elite
2023
0255075100
Same streetTop 6%Same areaTop 10%CitywideTop 1%

Lot Size

around average
5,730 sqft
0255075100
Same streetBottom 35%Same areaTop 41%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

75 Cassowary Lane — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 284 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 3/2023CA$750k–800k
Sold price

Same street

Top 29%

Same area

Top 7%

City-wide

Top 2%

Related homes

Highlights & common questions: 75 Cassowary Lane, Winnipeg

Property Overview: 75 Cassowary Lane, Ridgewood South, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, high-value home in Winnipeg's Ridgewood South neighborhood. Built in 2023, its primary appeal lies in its combination of new construction, generous living space, and a premium assessed value that ranks in the top tier of the city.

The 2,540 sqft living area is notably above average for its street and places in the elite top 4% for the neighborhood and top 3% city-wide, offering substantial room for families. With an assessed value of $913,000, it ranks #1 on its street and in the top 1% both in Ridgewood South and across Winnipeg, signaling a premium property in high regard.

Its appeal is for buyers seeking a move-in ready, contemporary home without the wait or uncertainties of new construction. It best suits professionals or growing families looking for space and modern amenities in a developing area, who also value a strong investment profile as evidenced by its standout assessed value. A less obvious point is the lot size: at 5,730 sqft, it is around the city average but slightly smaller than lots on its own street and in the broader neighborhood. This suggests the property’s value is driven more by the home’s size, newness, and finishings than by expansive outdoor space.

Section 2: Frequently Asked Questions

1. How current and reliable is the assessed value?
The $913,000 assessment is very recent, reflecting the home's modern build and market position. It ranks in the top 1% city-wide, indicating it is considered a premium property by municipal assessors.

2. What does the sold price history indicate?
Records show it sold in March 2023 for between $750,000 and $800,000. The current assessed value being significantly higher suggests substantial appreciation or improvements, but for exact historical figures, a manual lookup with the site is required.

3. Is the lot size a drawback?
The lot is functional but not oversized. At 5,730 sqft, it is slightly smaller than the average on Cassowary Lane. Buyers prioritizing a large yard may note this, while those valuing a low-maintenance exterior may see it as a benefit.

4. How does it compare to immediate neighbors?
It is among the newest and largest homes on the street. With the highest assessed value on the lane and more living space than most, it is a standout property in its immediate circle.

5. What is the neighborhood context for value?
Ridgewood South appears to be a newer, developing area with many modern homes. This property sits in the elite tier for both size and value within the neighborhood, indicating it's one of the area's premier offerings, not just an average home.