43 Siddiqui Ridge

Waverley West B, Winnipeg

Property score

91.0

Excellent

Overall 91.0 · Larger and newer than most nearby homes

2,462 sqft (top 14%) · Built in 2024 (5 yrs newer than avg)

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

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 place of worships nearby

Living Area

Above average

24% 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

91.0 is composed by the two sections below.

Property Score

96.1Excellent
Living Area96
2,462 sqftExcellent
Year Built100
2024Excellent
Lot Size93
8,909 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
2,462 sqft
0255075100
Same streetTop 50%Same areaTop 14%CitywideTop 3%
Same street · Siddiqui Ridge
#6 / 12
Top 50% · Avg 2,322 sqft
Same area · Waverley West B
#21 / 150
Top 14% · Avg 1,993 sqft
Citywide · Winnipeg
#6,235 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
796k
0255075100
Same streetTop 17%Same areaTop 9%CitywideTop 2%
Same street · Siddiqui Ridge
#2 / 12
Top 17% · Avg 733.4k
Same area · Waverley West B
#13 / 150
Top 9% · Avg 629.5k
Citywide · Winnipeg
#4,470 / 194,458
Top 2% · Avg 390.1k

Year Built

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

Lot Size

above average
8,909 sqft
0255075100
Same streetTop 25%Same areaTop 19%CitywideTop 9%

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

43 Siddiqui Ridge — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 474 m).

Search radius
🏫Education1
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 10/2024CA$850k–900k
Sold price

Same street

Bottom 33%

Same area

Top 14%

City-wide

Top 1%

Related homes

Highlights & common questions: 43 Siddiqui Ridge, Winnipeg

Property Overview

This home at 43 Siddiqui Ridge is a modern, high-caliber property that stands out for its size, new construction, and premium positioning. Built in 2024, it offers over 2,460 sqft of living space on a nearly 9,000 sqft lot. Its appeal lies in the combination of a brand-new, move-in-ready home with space that ranks among the top tier city-wide. While it fits comfortably among newer, high-value homes on its own street, its scale and assessed value place it in an elite category when viewed across Winnipeg.

The property would suit buyers looking for a modern home without the wait of a build, who value above-average interior space on a manageable lot. It’s ideal for professionals or families seeking a high-spec, low-maintenance property in a developing area, with the added benefit of being one of the newest homes available in the broader market.

Key Details & FAQs

Key Characteristics:

  • Living Space: At 2,462 sqft, the home offers substantial room, placing it above average for the neighborhood and in the top 3% city-wide.
  • Value & Standing: With an assessed value of $796k, it ranks in the top 17% on its street and the top 2% across Winnipeg, indicating a premium property.
  • Modern Build: Constructed in 2024, it is one of the newest homes not just on the block, but in the entire city (top 1% for year built).
  • Lot Size: The 8,909 sqft lot is larger than most on Siddiqui Ridge and above the city average, offering good outdoor space without being overly vast.

Who It's For:
This home appeals to buyers prioritizing new construction and spacious interiors. It’s a strong match for those who want a home that feels established yet requires minimal immediate upkeep, set in a newer community. The data suggests it’s for someone comfortable with a value that sits at the higher end of its immediate market, balanced by its elite standing in the wider city context.


Frequently Asked Questions

1. How does this home compare to others on the street?
It is one of the newest and most valuable homes on Siddiqui Ridge. While the living area is around the street average, its assessed value is in the top two, indicating higher-end finishes, a premium lot position, or a superior build quality.

2. The lot size is "above average" on the street but "above average" city-wide. Why the difference?
Lot sizes in the wider Waverley West B neighborhood are generally larger. So, while this lot is generous compared to most in Winnipeg and on its specific street, it is not an exceptionally large lot for the broader local area.

3. What does the "Elite" city-wide ranking really mean for a buyer?
It means that for its key features—size, value, and newness—this property outpaces roughly 97-99% of all comparable homes in Winnipeg. This is a significant marker of its relative scarcity and premium positioning in the overall market.

4. As a brand-new 2024 build, what should I consider?
While offering modern efficiency and likely builder warranties, it also means the landscape and neighborhood are still maturing. You may be living among ongoing construction on nearby lots for some time, which is typical for newer subdivisions.

5. The assessed value is high for the street. Is that a concern?
Not necessarily. It reflects the property's premium attributes. However, it’s wise to understand what specific features (e.g., upgrades, finishing materials, lot location) justify the valuation difference compared to neighbors, as this can influence future resale value and property taxes.