Property score
92.0
Excellent
Overall 92.0 · Compared with neighbourhood average
1,905 sqft (top 41%) · Built in 2018 (1 yr 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
Near average
2% larger than neighborhood avg.
Year Built
Below average
1 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
92.0 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
98 Hofsted Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 446 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 7% | Top 2% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 98 Hofsted Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This 2018-built home in Ridgewood South presents a compelling mix of modern construction and above-average space. With 1,905 sqft of living area, it offers more room than most Winnipeg homes, while its lot size of over 8,100 sqft is notably generous for its street, providing ample outdoor space. The property’s standout feature is its elite assessed value of $908k, which places it in the top 1% of homes city-wide and indicates it is a premium asset within its market.
The appeal lies in acquiring a relatively new, low-maintenance home without sacrificing land size—a combination that can be rare in newer subdivisions. It suits buyers looking for a move-in-ready, modern property in a well-established neighborhood, particularly those who value both indoor square footage and private outdoor space. The data suggests it would attract upwardly mobile families or professionals seeking a long-term home with strong investment credentials, given its value consistently ranks at the very top of its peer groups.
A less obvious perspective is that while the home is newer than most in the city, it is around the average age for its immediate area. This means you benefit from modern builds without being an outlier, potentially simplifying future renovations or maintenance with commonly available materials and designs.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely market price?
The assessed value of $908k is for municipal tax purposes and is an official valuation. While not a direct market price, it is a strong indicator of the home’s premium standing, ranking in the top 1% city-wide. The last known sold price range (2021) was between $900k and $950k.
2. Is the lot size typical for the area?
The lot is larger than typical. At 8,138 sqft, it ranks in the top 5% on Hofsted Drive and offers more yard space than most comparable properties in the immediate vicinity.
3. What does the "Top X%" ranking mean for living area?
It provides context. The home’s living area is above average for Winnipeg (top 13%) but is more in line with the averages for its specific street and neighborhood. This indicates you are getting a spacious home that fits comfortably within the scale of the local community.
4. How can I get the exact historical sold prices?
The site provides sold price ranges for reference. Due to industry rules, exact MLS sold figures are not displayed. You can request the full transaction history and exact figures via email from the site’s team, who will provide a manual lookup.
5. The home was built in 2018. Are there any newer homes nearby for comparison?
Yes. The average build year on the street is 2018, so several homes of similar age surround it. For example, nearby references at 131 Hofsted Drive and 35 Chaikoski Court were also built in 2018, offering a consistent neighborhood character.
