Property score
87.4
Excellent
Overall 87.4 · Older than most nearby homes
1,847 sqft (top 49%) · Built in 1981 (36 yrs older than avg)
Located in a high-income area with median household income of ~119k
Transit 48.0 · 9-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Near average
1% smaller than neighborhood avg.
Year Built
Below average
36 yrs older than neighborhood avg.
Mother tongue
English · 89%French · 1%
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: #46111083
$119K
Median household income
$141K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.5
P90 / P10 ratio
19%
Single-person households
36%
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
905 Community Row — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 412 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 15% | Bottom 44% | Top 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1981 two-storey home in Ridgewood South is defined by its exceptional lot size and established presence. Sitting on approximately one acre (43,530 sqft), the property ranks in the top 1% for land size across Winnipeg, offering a rare sense of space and privacy within the city. The nearly 1,850 sqft of living space is complemented by a finished basement and an attached garage. Its appeal lies in this unique combination: the generous, park-like grounds of a country property with the conveniences of a city home in a mature neighbourhood. It suits buyers looking for room to garden, play, or simply enjoy quiet outdoor living, and who value the character and stability of an established community over a brand-new build. A thoughtful perspective is that while the home itself is middle-aged, the immense lot represents a permanent, appreciating asset that is increasingly scarce, making it a long-term investment in lifestyle as much as in real estate.
Key Details & FAQs
Frequently Asked Questions
1. What is the neighbourhood like?
Ridgewood South is a mature, established neighbourhood. The property's rankings indicate it is among the larger, more valuable homes in the area, suggesting a well-kept community of primarily single-family homes.
2. Is the lot usable, or is it mostly wild?
At just over an acre, the potential is significant. The condition isn't specified, so it could range from landscaped gardens to natural space. Its size allows for various uses like gardening, recreation, or future additions, subject to local bylaws.
3. How does the age of the home factor in?
Built in 1981, the home is over 40 years old. Buyers should anticipate maintenance consistent with its age. The positive trade-off is that this era of home often comes with larger lot sizes and more solid construction than many newer builds.
4. Why is the assessed value higher than the 2020 sale price?
The assessed value of $597,000 reflects the municipal government's valuation for tax purposes, which considers market trends. The sale price of $499,000 in late 2020 is a historical data point and likely reflects a different market condition. The gap suggests significant market appreciation in the intervening period.
5. What does it mean that the home ranks highly for land but lower for "newness" in the community?
This highlights the property's unique profile. It has one of the largest lots in the area (top 2%), but the home itself is older than many in the immediate neighbourhood (ranking in the top 96%, meaning only 4% of homes are older). This underscores that you are primarily buying the land and the space it provides.
