97 Kestrel Way

Ridgewood South, Winnipeg

Property score

88.7

Excellent

Overall 88.7 · Newer than most nearby homes

1,913 sqft (top 40%) · 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

Near average

2% larger 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)

Sold Count

537

Median price

600.9k

$/sqft

$308/sqft

Avg build year

2017

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Property score

88.7 is composed by the two sections below.

Property Score

87.4Excellent
Living Area92
1,913 sqftExcellent
Year Built100
2021Excellent
Lot Size53
4,394 sqftFair
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
1,913 sqft
0255075100
Same streetTop 33%Same areaTop 40%CitywideTop 13%
Same street · Kestrel Way
#15 / 46
Top 33% · Avg 1,798 sqft
Same area · Ridgewood South
#311 / 783
Top 40% · Avg 1,872 sqft
Citywide · Winnipeg
#25,466 / 194,458
Top 13% · Avg 1,342 sqft

Tax-Assessed Value

above average
514k
0255075100
Same streetTop 43%Same areaBottom 43%CitywideTop 18%
Same street · Kestrel Way
#20 / 46
Top 43% · Avg 497.1k
Same area · Ridgewood South
#445 / 783
Bottom 43% · Avg 560.2k
Citywide · Winnipeg
#34,190 / 194,458
Top 18% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetTop 7%Same areaTop 30%CitywideTop 2%

Lot Size

around average
4,394 sqft
0255075100
Same streetBottom 15%Same areaBottom 19%CitywideBottom 32%

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

97 Kestrel Way — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 351 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 6/2021CA$450k–500k
Sold price

Same street

Top 39%

Same area

Bottom 30%

City-wide

Top 22%

Related homes

Highlights & common questions: 97 Kestrel Way, Winnipeg

Property Overview: 97 Kestrel Way, Winnipeg

Key Characteristics & Appeal

This 2021-built home in Ridgewood South offers a modern, low-maintenance living space with a practical footprint. Its primary appeal lies in its contemporary construction and efficient design. At 1,913 sqft, the living space is notably above the Winnipeg average, providing ample room in a home that is newer than 98% of city-wide comparables. This combination of newer systems, modern finishes, and sensible square footage is a key strength.

The property’s value proposition is clear when viewed at different scales. On its own street and within Ridgewood South, it presents as a solid, average offering in terms of size and assessed value. However, the city-wide context reveals its standout nature: it offers significantly more modern living space than most Winnipeg homes, at an assessed value that sits above the city average. The lot is compact compared to many in the immediate area, which translates to less yard maintenance—a plus for some, a drawback for others.

This home would suit buyers seeking a move-in ready, modern property without the premium often attached to brand-new builds. It’s ideal for professionals, small families, or downsizers who prioritize interior space and contemporary amenities over a large garden. It represents a balanced choice for someone wanting a newer home in a developed neighborhood, offering a blend of modern comforts and established community.


Frequently Asked Questions

1. How does this home’s value compare to its neighbors?
The home’s assessed value is very close to the street average and slightly below the broader neighborhood average for similar homes. This suggests it is priced in line with its immediate surroundings, while the city-wide data indicates you are getting a newer and larger-than-average home for Winnipeg.

2. What are the implications of the smaller lot size?
At approximately 4,394 sqft, the lot is smaller than many on Kestrel Way and in Ridgewood South. This typically means less outdoor maintenance and lower landscaping costs, but also less private outdoor space. It’s a trade-off that favors ease of living over extensive gardening or yard space.

3. Is the sold price history available?
The site indicates a sale occurred in June 2021 within a price range. For fully verified, exact sold price figures and a complete transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.

4. What does the "Top 2%" city-wide ranking for year built mean?
This statistic means this home is newer than approximately 98% of comparable homes across the entire city of Winnipeg. It’s a significant advantage, suggesting newer roofing, HVAC, windows, and building materials, which can mean lower immediate repair costs and improved energy efficiency.

5. Who might this property not suit?
It may not be the best fit for buyers who prioritize a large, sprawling yard, extensive gardening space, or who want a home that stands out as significantly larger or more valuable than others on the street. Those seeking a historic character home or a very large lot would likely want to look elsewhere.