972 Charleswood Road

Ridgewood South, Winnipeg

Property score

87.2

Excellent

Overall 87.2 · Smaller and older than most nearby homes

1,690 sqft (bottom 30%) · Built in 1998 (19 yrs older than avg)

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

Transit 76.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school nearby

Living Area

Below average

10% smaller than neighborhood avg.

Year Built

Below average

19 yrs older 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

87.2 is composed by the two sections below.

Property Score

84.9Excellent
Living Area83
1,690 sqftExcellent
Year Built84
1998Excellent
Lot Size93
8,189 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
1,690 sqft
0255075100
Same streetTop 30%Same areaBottom 30%CitywideTop 21%
Same street · Charleswood Road
#66 / 218
Top 30% · Avg 1,517 sqft
Same area · Ridgewood South
#551 / 783
Bottom 30% · Avg 1,872 sqft
Citywide · Winnipeg
#41,531 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
638k
0255075100
Same streetTop 19%Same areaTop 22%CitywideTop 6%
Same street · Charleswood Road
#41 / 218
Top 19% · Avg 511.1k
Same area · Ridgewood South
#169 / 783
Top 22% · Avg 560.2k
Citywide · Winnipeg
#11,299 / 194,458
Top 6% · Avg 390.1k

Year Built

above average
1998
0255075100
Same streetTop 21%Same areaBottom 6%CitywideTop 18%

Lot Size

above average
8,189 sqft
0255075100
Same streetBottom 32%Same areaTop 14%CitywideTop 11%

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

972 Charleswood Road — 1 amenities found within 500 m, across 1 categories, including 1 education (nearest 497 m).

Search radius
🏫Education1

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 9/2016CA$450k–500k
Sold price

Same street

Top 43%

Same area

Bottom 35%

City-wide

Top 19%

Related homes

Highlights & common questions: 972 Charleswood Road, Winnipeg

Property Overview: 972 Charleswood Road, Winnipeg

Key Characteristics & Appeal

This 1,690 sqft home, built in 1998, presents a compelling blend of established comfort and above-average investment metrics. Its primary appeal lies in its strong positional value. The property ranks in the top 6% city-wide for assessed value ($638k) and top 21% for living area, indicating it is a substantial and well-regarded home within Winnipeg. On its street in Charleswood, it stands out as newer than average and with a higher-than-average valuation.

The lot size of 8,189 sqft is notably above average for both the city and the Ridgewood South neighborhood, offering generous outdoor space in a community where newer builds often sit on smaller parcels. This creates a less obvious advantage: the home offers the space and maturity of an established area while being significantly newer than most on its street.

This property would suit buyers looking for a move-in ready home in a desirable area who value data-backed equity. It’s ideal for those seeking a balance between a neighborhood with mature character and a home that likely requires fewer immediate updates than older counterparts. The strong assessed value suggests it would appeal to long-term owners and those viewing real estate as a stable asset.

Frequently Asked Questions

1. How does this home’s value compare to recent sales?
The home last sold between $450k-$500k in 2016. Its current assessed value of $638k reflects market appreciation and places it well above average for the city and street. Exact historical sale prices can be provided upon request.

2. Is the lot size typical for the area?
The lot is above average for both Winnipeg and the Ridgewood South neighborhood. However, it’s around the median for Charleswood Road itself, where lot sizes vary widely. This means you get more private outdoor space than many newer neighborhood homes.

3. The home is newer than most on its street but older than the neighborhood average. What does this mean?
This suggests you benefit from a home with modern construction (1998) on a street with older, established charm. In the broader, newer neighborhood, it may be considered a more mature property, often correlating with larger lot sizes and more developed landscaping.

4. What is the source of the sold price data?
Sold prices are based on publicly available data, not the MLS. For fully verified figures and a complete transaction history, a manual lookup can be requested directly from the site.

5. How does the living area compare to nearby homes?
At 1,690 sqft, the home offers more space than over 70% of Winnipeg homes. It is above average for its specific street but closer to the average for the wider Ridgewood South area, indicating a comfortable, mid-to-large size for the community.