2 Siddiqui Ridge

Waverley West B, Winnipeg

Property score

85.0

Excellent

Overall 85.0 · Smaller than most nearby homes

1,739 sqft (bottom 25%) · Built in 2023 (4 yrs newer than avg)

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

Transit 76.0 · 7-min walk to transit with 4 nearby routes · Within 500m: 2 place of worships nearby

Living Area

Below average

13% smaller than neighborhood avg.

Year Built

Near average

4 yrs newer than neighborhood avg.

Mother tongue

English · 38%Chinese · 16%

Past 10 years Waverley West B sales snapshot (~80% of all data)

Sold Count

87

Median price

518.9k

$/sqft

$339/sqft

Avg build year

2019

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Property score

85.0 is composed by the two sections below.

Property Score

86.2Excellent
Living Area86
1,739 sqftExcellent
Year Built100
2023Excellent
Lot Size67
5,294 sqftGood
Neighbourhood Sales Activity91
Excellent

Community Score

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

Neighbourhood Sales

Waverley West B

How to read: Share of sales in each ~$50k price band for “waverley west b” (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
1,739 sqft
0255075100
Same streetBottom 1%Same areaBottom 25%CitywideTop 19%
Same street · Siddiqui Ridge
#12 / 12
Bottom 1% · Avg 2,322 sqft
Same area · Waverley West B
#112 / 150
Bottom 25% · Avg 1,993 sqft
Citywide · Winnipeg
#37,760 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

Elite
664k
0255075100
Same streetBottom 8%Same areaTop 30%CitywideTop 5%
Same street · Siddiqui Ridge
#11 / 12
Bottom 8% · Avg 733.4k
Same area · Waverley West B
#45 / 150
Top 30% · Avg 629.5k
Citywide · Winnipeg
#9,445 / 194,458
Top 5% · Avg 390.1k

Year Built

Elite
2023
0255075100
Same streetBottom 33%Same areaBottom 43%CitywideTop 1%

Lot Size

around average
5,294 sqft
0255075100
Same streetBottom 33%Same areaTop 34%CitywideTop 48%

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

2 Siddiqui Ridge — 2 amenities found within 500 m, across 1 categories.

Search radius
Worship2

Crime & Safety

Waverley West B · WPS public data · 2026

Annual incidents

3

2026

vs. city avg

-90%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

67%

Sales History

Sold 8/2024CA$850k–900k
Sold price

Same street

Top 50%

Same area

Top 13%

City-wide

Top 1%

Related homes

Highlights & common questions: 2 Siddiqui Ridge, Winnipeg

Property Overview & Key Characteristics

This 2023-built home at 2 Siddiqui Ridge presents a compelling mix of modern living and strategic value. Its 1,739 sqft living space is notably efficient, ranking above the Winnipeg city average. This suggests a smart, modern floor plan that maximizes usable space without unnecessary sprawl, potentially leading to lower utility and maintenance costs. The standout feature is its assessed value of $664k, which places it in the top 5% citywide, indicating a premium property in the broader market. However, this value is actually below the average for its own street, hinting at an opportunity to own a newer home on a desirable block at a relative value compared to its immediate neighbours. The lot size of 5,294 sqft is manageable, favouring those who prefer less yard maintenance.

The appeal lies in its balance. It’s a nearly new home (top 1% citywide for age) with a premium citywide valuation, yet it sits in a neighbourhood and on a street where it isn’t the largest or most expensive property. This suits buyers seeking modern construction and strong investment metrics without being the absolute top-priced home on the block. It would particularly suit pragmatic professionals or downsizers looking for a low-maintenance, contemporary home in Waverley West, and value-conscious buyers who recognize the advantage of a newer property positioned just below the peak of its immediate market.


Frequently Asked Questions

1. Is the living area smaller than other homes nearby?
Yes. At 1,739 sqft, the home is below the average for both Siddiqui Ridge (2,322 sqft) and the Waverley West B neighbourhood (1,993 sqft). This indicates a more efficient or compact design compared to its closest peers.

2. If the home is below average on its street, why is the assessed value so high citywide?
The assessed value reflects its premium status compared to the entire Winnipeg housing stock, where the average is significantly lower at $390.1k. While it’s valued below the street average of $733.4k, it remains well above the neighbourhood and city averages, confirming its quality in a broader context.

3. What does the "Elite" ranking for the year built mean?
An "Elite" ranking for its 2023 build date means it is newer than 99% of comparable homes across Winnipeg. This translates to modern building codes, materials, systems, and minimal immediate repair needs.

4. How does the lot size compare?
The 5,294 sqft lot is around average for the city and its street, but is less than half the average lot size for the Waverley West B neighbourhood. This points to a more suburban-style lot on its specific street, but a more compact, manageable yard within the wider community.

5. Who would this property not suit?
It may not suit buyers who prioritize having the largest home on the block or who desire an expansive, rural-sized yard. Those seeking a traditional, sprawling suburban lot within this specific neighbourhood might find the property’s footprint and lot size more compact than the area norm.