Property score
92.4
Excellent
Overall 92.4 · Larger than most nearby homes
2,307 sqft (top 10%) · Built in 2019 (2 yrs newer than avg)
Located in a high-income area with median household income of ~139k
Transit 68.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
23% larger than neighborhood avg.
Year Built
Near average
2 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
92.4 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
94 Hofsted Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 430 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 22% | Top 6% | Top 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 94 Hofsted Drive, Winnipeg
Key Characteristics & Appeal
This 2019-built home in Ridgewood South stands out for its substantial size and premium valuation within a newer, established neighborhood. With 2,307 sqft of living space, it ranks in the top 10% of its neighborhood and top 5% city-wide for size, offering significantly more room than the average Winnipeg home. Its assessed value of $863k places it firmly among the elite 2% of properties city-wide, indicating a high-caliber investment in a desirable location.
The appeal lies in acquiring a modern, low-maintenance property that is both newer than most on its street and considerably newer than the typical Winnipeg home. While the lot size is consistent with the street average, the home’s interior scale and premium finish are its defining features. This property is ideally suited for buyers seeking move-in-ready, spacious modern living without the wait and uncertainties of new construction, and for those who value a strong investment profile as evidenced by its standout assessed value among peers.
Frequently Asked Questions
1. How does the sold price compare to the current assessed value?
The home last sold in March 2019 for an estimated $800k-$850k. The current assessed value of $863k is in line with that range, reflecting the property’s appreciation and sustained premium market position.
2. Is the lot size a constraint for expansion or outdoor space?
At 6,136 sqft, the lot is typical for Hofsted Drive but smaller than the broader neighborhood average. It provides standard outdoor space for a newer subdivision but may limit significant future expansions like large additions or pools.
3. What does the "Elite" city-wide ranking for year built mean?
Ranking in the top 4% city-wide for year built (2019) highlights that this is one of Winnipeg’s newer homes. This suggests modern building standards, systems, and design, with likely lower immediate costs for repairs and updates compared to the city’s much older housing stock.
4. Are property taxes likely to be high?
Given the assessed value is in the top 2% in Winnipeg, property taxes will be correspondingly high. Buyers should budget for a tax bill commensurate with this elite valuation tier.
5. How can I verify the exact historical sold price?
The site provides sold price ranges for general research. For fully verified, exact transaction figures, you must request a manual lookup from the site’s team, as they do not have access to or display MLS sold data directly.
