23 Siddiqui Ridge

Waverley West B, Winnipeg

Property score

91.3

Excellent

Overall 91.3 · Larger and newer than most nearby homes

2,513 sqft (top 11%) · Built in 2024 (5 yrs newer than avg)

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

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 2 place of worships nearby

Living Area

Above average

26% larger than neighborhood avg.

Year Built

Above average

5 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

91.3 is composed by the two sections below.

Property Score

96.6Excellent
Living Area98
2,513 sqftExcellent
Year Built100
2024Excellent
Lot Size88
7,018 sqftExcellent
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

Elite
2,513 sqft
0255075100
Same streetTop 33%Same areaTop 11%CitywideTop 3%
Same street · Siddiqui Ridge
#4 / 12
Top 33% · Avg 2,322 sqft
Same area · Waverley West B
#16 / 150
Top 11% · Avg 1,993 sqft
Citywide · Winnipeg
#5,461 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
794k
0255075100
Same streetTop 25%Same areaTop 9%CitywideTop 2%
Same street · Siddiqui Ridge
#3 / 12
Top 25% · Avg 733.4k
Same area · Waverley West B
#14 / 150
Top 9% · Avg 629.5k
Citywide · Winnipeg
#4,500 / 194,458
Top 2% · Avg 390.1k

Year Built

Elite
2024
0255075100
Same streetTop 8%Same areaTop 3%CitywideTop 1%

Lot Size

above average
7,018 sqft
0255075100
Same streetTop 33%Same areaTop 19%CitywideTop 17%

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

23 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 7/2024CA$900k–950k
Sold price

Same street

Top 33%

Same area

Top 9%

City-wide

Top 1%

Related homes

Highlights & common questions: 23 Siddiqui Ridge, Winnipeg

Property Overview

This home at 23 Siddiqui Ridge is a modern, high-caliber property in Winnipeg's Waverley West B neighborhood. Built in 2024, it stands out for its generous living space and premium valuation, offering a move-in-ready experience in a developing community.

Key Characteristics & Appeal

The primary appeal of this property lies in its combination of new construction and above-average scale. With 2,513 sqft of living area, the home provides substantial interior space, ranking within the top 3% citywide. This is complemented by a 7,018 sqft lot, offering ample outdoor room for a newer build. The assessed value of $794k reflects its premium positioning, placing it in the top 2% of Winnipeg and among the more valuable homes on its street.

Its charm is nuanced. While the lot size is typical for Siddiqui Ridge, the home itself is notably larger and newer than most in the city, suggesting high-quality construction and modern finishes without the maintenance concerns of an older house. It suits buyers seeking a turnkey property in a growing area who prioritize interior space and contemporary design over an estate-sized lot. It’s an ideal fit for professionals or families looking for a long-term home with modern efficiencies, and for those who value a property that already holds elite status in terms of assessed value within the broader market.


Frequently Asked Questions

Q: How does the lot size compare to others in the wider neighborhood?
A: The lot is above average for the immediate street and area, but it's worth noting the overall neighborhood average is significantly larger. This suggests the home is in a newer, more densely built section of Waverley West B, offering a modern subdivision feel rather than sprawling acreage.

Q: What does the "Elite" citywide ranking for year built practically mean?
A: Being built in 2024 places this home in the top 1% of homes citywide by newness. This means major components like the roof, HVAC, appliances, and windows are under warranty and built to current codes, offering predictable costs and modern energy efficiency for years to come.

Q: The assessed value is high for the street. Is this a concern?
A: It indicates this is one of the most substantial homes on Siddiqui Ridge. It's not a concern but a marker of quality and size. It does, however, set a clear benchmark for property taxes and suggests the home may be priced at the upper end of its immediate market.

Q: Is the living area more impressive than the lot size?
A: Yes, the data shows a clear emphasis. The living area ranks in the top 3% citywide (elite), while the lot size ranks in the top 17% (above average). This indicates the home's value is driven more by its interior square footage and modern construction than by its land parcel.

Q: The neighborhood average lot size is much larger. What does that imply?
A: It highlights that Waverley West B contains a mix of property types. The larger average lot size likely comes from older, more rural-style properties in the area. This home is part of the newer, more contemporary segment of the community, offering a different lifestyle trade-off between modern home design and maximum land.