Property score
92.0
Excellent
Overall 92.0 · Larger and newer than most nearby homes
2,080 sqft (top 27%) · Built in 2022 (5 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
11% larger than neighborhood avg.
Year Built
Above average
5 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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92.0 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
81 Cassowary Lane — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 291 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 | Top 38% | Top 8% | Top 2% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 19% | Top 25% | Top 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 81 Cassowary Lane, Winnipeg
Key Characteristics & Appeal
This 2022-built home in Ridgewood South offers a modern, low-maintenance living experience within a newer subdivision. At 2,080 sqft, its living space is notably above average for both Winnipeg overall and the immediate neighborhood, providing ample room without being oversized. The property’s standout feature is its value positioning: while its assessed value is slightly below the average for its own street, it ranks within the top 4% city-wide, indicating a premium asset in a broader context. The lot size is generous for the street but more compact than the neighborhood average, suggesting a efficient use of land with less yard upkeep.
The appeal lies in its balance of new construction benefits—like contemporary building standards and minimal immediate repairs—with established community growth. It suits buyers seeking a modern home in a developing area who appreciate a "move-in ready" condition. It’s particularly fitting for professionals or small families looking for space and modernity, and for value-focused buyers who recognize the advantage of a home that outperforms city averages but sits on a street where it isn’t the most expensive property, offering potential for long-term equity growth.
Frequently Asked Questions
1. How does the value here compare to the rest of Winnipeg?
The home is in an elite category city-wide, ranking in the top 4% by assessed value. This means it holds a significantly higher valuation than over 96% of comparable properties across Winnipeg, underscoring its premium market position.
2. Is the lot size typical for the area?
The lot is larger than average for Cassowary Lane but smaller than the broader Ridgewood South neighborhood average. This suggests a streetscape of relatively uniform, efficient lots, offering a manageable yard without extensive maintenance.
3. The home sold recently in 2024. What does that price trend indicate?
The 2024 sale price range shows a noticeable increase from its 2022 sale, reflecting strong appreciation in a short period. This trend aligns with its "elite" city-wide valuation ranking and suggests a robust demand for newer homes in this community.
4. What does it mean that the assessed value is below the street average?
While the home’s assessed value is slightly below the average for Cassowary Lane, it is well above the neighborhood and city averages. This indicates you are on a desirable street of high-value homes, and this property represents a relative value point within that premium row.
5. Are there many other homes of a similar age nearby?
Yes. The average build year on the street is 2022, and the neighborhood average is 2017. This means you are in a predominantly new and modern community, reducing the likelihood of being surrounded by older homes in need of major updates or redevelopment.
