77 Cypress Ridge

South Pointe, Winnipeg

Property score

84.3

Excellent

Overall 84.3 · Smaller than most nearby homes

1,654 sqft (bottom 27%) · Built in 2011 (2 yrs older than avg)

Located in a high-income area with median household income of ~107k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

Living Area

Below average

14% smaller than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 38%Chinese · 16%

Past 10 years South Pointe sales snapshot (~80% of all data)

Sold Count

668

Median price

622.3k

$/sqft

$304/sqft

Avg build year

2013

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Property score

84.3 is composed by the two sections below.

Property Score

84.9Excellent
Living Area83
1,654 sqftExcellent
Year Built94
2011Excellent
Lot Size81
6,335 sqftExcellent
Neighbourhood Sales Activity82
Excellent

Community Score

83.3Excellent
Household Income87
Excellent
Education Level91
Excellent
Housing Stress52
Fair
Core Housing Need88
Excellent
Employment Health76
Good

Neighbourhood Sales

South Pointe

How to read: Share of sales in each ~$50k price band for “south pointe” (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: #46111256

Community deep dive

$107K

Median household income

$127K

Average household income

15%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.7

P90 / P10 ratio

9%

Single-person households

47%

Families with children

Population, labour & age

Population (2021)7,336
Labour force participation rate72%
Median age29.6
Avg household size3.5
Unemployment rate8%
Population density1824 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households9%
Couple families with children47%
Median household income (2020)$107K

Housing

Renter households30%
Condominium dwellings25%
Median dwelling value (owners)$520K

Diversity, education & language

Immigrants (share of pop.)49%
Visible minority77%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 38%
Mother tongue (2nd)Chinese · 15%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,654 sqft
0255075100
Same streetTop 37%Same areaBottom 27%CitywideTop 23%
Same street · Cypress Ridge
#23 / 63
Top 37% · Avg 1,587 sqft
Same area · South Pointe
#1,022 / 1,398
Bottom 27% · Avg 1,922 sqft
Citywide · Winnipeg
#44,424 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
569k
0255075100
Same streetTop 35%Same areaBottom 40%CitywideTop 11%
Same street · Cypress Ridge
#22 / 63
Top 35% · Avg 583.5k
Same area · South Pointe
#842 / 1,398
Bottom 40% · Avg 627.9k
Citywide · Winnipeg
#20,469 / 194,458
Top 11% · Avg 390.1k

Year Built

above average
2011
0255075100
Same streetTop 11%Same areaBottom 41%CitywideTop 10%

Lot Size

above average
6,335 sqft
0255075100
Same streetBottom 48%Same areaTop 47%CitywideTop 25%

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

77 Cypress Ridge — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 304 m).

Search radius
🌳Parks1

Crime & Safety

South Pointe · WPS public data · 2026

Annual incidents

13

2026

vs. city avg

-56%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

62%

Sales History

Sold 6/2023CA$600k–650k
Sold price

Same street

Top 42%

Same area

Top 37%

City-wide

Top 7%

Related homes

Highlights & common questions: 77 Cypress Ridge, Winnipeg

Property Summary: 77 Cypress Ridge, Winnipeg

Key Characteristics & Appeal

This home at 77 Cypress Ridge in South Pointe presents a balanced, modern offering within a well-established neighborhood. Built in 2011, it is notably newer than most Winnipeg homes and is one of the newer properties on its own street. With 1,654 sqft of living space, it sits above the citywide average but is slightly more compact than the typical larger homes in South Pointe, suggesting efficient use of space. The assessed value of $569,000 is significantly above the Winnipeg average, yet is competitive for both the street and neighborhood, indicating a premium for its modern build in a desirable area.

Its primary appeal lies in this balance: it offers modern construction (potentially meaning fewer immediate maintenance concerns) within a mature community, at a value that is strong city-wide. The lot size is generous compared to the city norm. This property would suit buyers looking for a turn-key, newer home who want the established feel of South Pointe without an ultra-high neighborhood price point. It’s also a practical choice for those who value efficient space over sheer square footage, and for whom a newer build is a priority to avoid the quirks and update projects of an older house.

Frequently Asked Questions

1. How does the sold price from 2023 relate to the current assessed value?
The home sold for between $600,000 and $650,000 in June 2023. The current assessed value of $569,000 is a municipal assessment for tax purposes, not a market appraisal. The difference suggests the assessment may not fully reflect recent market conditions or specific features that buyers valued at the time of sale.

2. Is the living space considered small for the area?
Yes, relative to South Pointe. The living area ranks in the top 73% of the neighborhood, meaning about 73% of comparable homes are larger. The neighborhood average is 1,922 sqft, so this home is about 268 sqft smaller. This isn’t unusual for a newer infill property and may appeal to those seeking easier maintenance.

3. What does the "Above Average" city-wide ranking for value really mean?
It means this home’s assessed value is in the top 11% of all comparable homes in Winnipeg. This highlights that while it may be competitively priced within South Pointe, it represents a premium property in the broader Winnipeg market, largely due to its newer age, location, and lot size.

4. How can I get the exact historical sold price data?
The site notes that due to industry rules, exact MLS sold records are not displayed. You must request the exact figures via email from the site provider, who will manually look them up and send them to you.

5. The home is newer than most on the street. What are the potential pros and cons of that?
A key advantage is modern building standards, materials, and systems, which often mean better energy efficiency and lower immediate repair costs. A less obvious consideration is that the architectural style or floor plan might differ from older neighbors, and the landscaping/trees will be less mature, which can affect privacy and aesthetic appeal.