Property score
89.4
Excellent
Overall 89.4 · Newer than most nearby homes
1,695 sqft (bottom 31%) · Built in 2021 (4 yrs newer than avg)
Located in a high-income area with median household income of ~139k
Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby
Living Area
Below average
9% smaller than neighborhood avg.
Year Built
Above average
4 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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89.4 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
89 Kestrel Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 387 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 47% | Bottom 24% | Top 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 89 Kestrel Way, Ridgewood South, Winnipeg
Key Characteristics & Appeal
This 2021-built home in Ridgewood South presents a compelling mix of modern convenience and long-term potential. Its key appeal lies in the balance between a newer, low-maintenance structure and an unusually large, private lot. At 1,695 sqft, the living space is comfortably sized, ranking above the Winnipeg average, though it is more modest compared to immediate neighbors. The standout feature is the 10,074 sqft lot, which is exceptionally large for the street and ranks in the top 6% city-wide, offering significant space for gardens, recreation, or future expansion.
The home’s assessed value of $445k sits below the averages for both the street and the wider neighborhood, which may indicate a value opportunity relative to nearby properties, while still being above the city-wide benchmark. This combination—a newer home on a premium lot at a assessed value that is competitive for the area—suggests a property where the intrinsic value of the land is a major asset.
This home would suit first-time buyers or young families seeking a modern build in a developed neighborhood without sacrificing outdoor space. It’s also a sensible choice for value-oriented buyers who see potential in the land itself, whether for personal use or as a long-term investment in a property that is newer than 98% of homes in Winnipeg.
Frequently Asked Questions
1. Is the below-average assessed value for the street a concern?
Not necessarily. It primarily reflects that the home’s living area is slightly smaller than many direct neighbors. The value is still above the Winnipeg average, and the premium lot size is a significant, less obvious asset that contributes to the overall worth.
2. How does the lot size compare in practical terms?
At over 10,000 sqft, the lot is nearly double the street average. This provides substantial privacy and yard space that is rare for a home of this age, offering a feel more common to older neighborhoods.
3. What does the "Elite" city-wide ranking for year built mean?
Built in 2021, the home is newer than approximately 98% of comparable properties across Winnipeg. This typically translates to modern building standards, greater energy efficiency, and minimal immediate repair costs.
4. Are sold prices for comparable homes available?
Approximate sold price ranges are provided for reference. For fully verified, exact sold price history, you must request a manual lookup via email, as this site does not display MLS data directly.
5. What is the likely balance of value here?
The data suggests you are investing significantly in the land and the newness of the build. The living space is comfortable and modern but not the largest on the block. The appeal is for those who prioritize a large outdoor space and a contemporary home over maximizing square footage under the roof.
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