81 Kestrel Way

Ridgewood South, Winnipeg

Property score

92.3

Excellent

Overall 92.3 · Larger than most nearby homes

2,121 sqft (top 23%) · Built in 2020 (3 yrs newer than avg)

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

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Above average

13% larger than neighborhood avg.

Year Built

Near average

3 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

92.3 is composed by the two sections below.

Property Score

93.3Excellent
Living Area94
2,121 sqftExcellent
Year Built97
2020Excellent
Lot Size88
7,451 sqftExcellent
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

above average
2,121 sqft
0255075100
Same streetTop 15%Same areaTop 23%CitywideTop 8%
Same street · Kestrel Way
#7 / 46
Top 15% · Avg 1,798 sqft
Same area · Ridgewood South
#182 / 783
Top 23% · Avg 1,872 sqft
Citywide · Winnipeg
#15,646 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

above average
497k
0255075100
Same streetTop 50%Same areaBottom 36%CitywideTop 20%
Same street · Kestrel Way
#23 / 46
Top 50% · Avg 497.1k
Same area · Ridgewood South
#501 / 783
Bottom 36% · Avg 560.2k
Citywide · Winnipeg
#39,343 / 194,458
Top 20% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 15%Same areaTop 39%CitywideTop 3%

Lot Size

above average
7,451 sqft
0255075100
Same streetTop 11%Same areaTop 18%CitywideTop 14%

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

81 Kestrel Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 379 m).

Search radius
🌳Parks2

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 5/2020CA$450k–500k
Sold price

Same street

Top 43%

Same area

Bottom 27%

City-wide

Top 23%

Related homes

Highlights & common questions: 81 Kestrel Way, Winnipeg

Property Overview: 81 Kestrel Way, Ridgewood South, Winnipeg

Key Characteristics & Appeal

This 2020-built home in Ridgewood South offers a modern, move-in-ready foundation with above-average space both inside and out. Its 2,121 sqft living area is notably larger than most Winnipeg homes, placing it in the top 8% citywide, while the 7,451 sqft lot is generous for its street, ranking in the top 11% locally. The assessed value of $497k is very typical for Kestrel Way itself, suggesting it’s priced in line with its immediate peers, but it represents strong value when viewed across the wider city, ranking in the top 20%.

The appeal lies in its balance of new construction benefits—like modern building standards and minimal immediate repair needs—with established community roots, as the street's average build year is also 2020. It suits buyers looking for a modern home without the premium of a brand-new build, and who value more interior space and a larger yard than is common in many newer subdivisions. A thoughtful perspective is that its "average" value on the street could be a stability advantage, indicating it's less likely to be overpriced compared to its direct neighbors, while its citywide standing highlights its relative worth for square footage and age.

Frequently Asked Questions

1. How does this home’s size compare to others nearby?
It offers more living space than 85% of homes on its street and 92% of homes across Winnipeg, making it a spacious option in a local and citywide context.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value is a municipal tax valuation. While it’s perfectly average for Kestrel Way, recent sold prices in the area suggest a market range. For precise, verified sale history, you can request exact figures via email from the site.

3. What does the "year built" ranking tell me?
Built in 2020, the home is newer than 97% of all homes in Winnipeg, placing it in the elite top 3% citywide for age. On its street, it's about average, meaning the whole area is a modern development.

4. The lot size seems large for the street but smaller than the neighborhood average. Why?
The lot is significantly larger than most on Kestrel Way. The higher neighborhood average is influenced by other areas within Ridgewood South that may have larger, perhaps older, lots. This property offers one of the larger yards in its specific subsection.

5. Where can I see how this property compares visually to its neighbors?
You can use the provided link to "Open neighbourhood map analysis" to see this home plotted alongside nearby properties, comparing metrics like year built, lot size, and value on an interactive map.