51 Siddiqui Ridge

Waverley West B, Winnipeg

Property score

68.6

Good

Overall 68.6 · Compared with neighbourhood average

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

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 place of worships nearby

Living Area

No data

Compared with neighborhood avg.

Year Built

No data

Compared with neighborhood avg.

Mother tongue

English · 38%Chinese · 16%

At the time of the last annual property tax assessment, this parcel was still vacant land, so we do not have related building information to show yet. A new home may exist by now—if you need accurate details, contact us using the option in the lower-right corner of the page and we will provide timely information.

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

68.6 is composed by the two sections below.

Property Score

58.8Fair
Living Area50
Fair
Year Built50
Fair
Lot Size95
9,022 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

Tax-Assessed Value

below average
169k
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 5%
Same street · Siddiqui Ridge
#13 / 12
Bottom 1% · Avg 733.4k
Same area · Waverley West B
#151 / 150
Bottom 1% · Avg 629.5k
Citywide · Winnipeg
#185,339 / 194,458
Bottom 5% · Avg 390.1k

Year Built

Lot Size

above average
9,022 sqft
0255075100
Same streetTop 25%Same areaTop 19%CitywideTop 8%

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

51 Siddiqui Ridge — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 457 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

51 Siddiqui Ridge: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 51 Siddiqui Ridge, Winnipeg

Property Overview: 51 Siddiqui Ridge, Waverley West B

Key Characteristics & Appeal

This property presents a unique opportunity centered on its land. The lot is a substantial 9,022 sqft, placing it in the top 25% for size on its street and the top 19% within the Waverley West B neighbourhood. This significant parcel is the defining feature, offering ample space for gardening, recreation, or future expansion.

The appeal lies in its potential and its position in a newer, developing area. Data indicates it is among the newest properties not just on its street, but in the entire city, suggesting it is likely a vacant lot in a modern subdivision. The very low assessed value, when compared to nearby built homes, strongly supports this. It would suit a buyer looking to build their own home from the ground up, an investor planning for future development, or someone seeking a large blank canvas in a growing community. It’s a play for the future, offering the chance to create equity through construction rather than purchasing an existing structure.


Frequently Asked Questions

1. Is this a vacant lot?
While the listing doesn't explicitly state it, all available data strongly suggests it is. The absence of living area, year built, and building type details, combined with a very low assessed value compared to finished homes in the area, are clear indicators of a land-only listing.

2. What makes this lot size notable?
At over 9,000 square feet, it is significantly larger than many standard suburban lots. This provides uncommon space for a new build, allowing for a larger home footprint, enhanced privacy, generous landscaping, or the inclusion of features like a sizable detached garage or workshop.

3. Why is the assessed value so much lower than the nearby homes?
The assessed value reflects the value of the land only. Nearby properties with similar addresses but much higher values (e.g., $46.70k to $61.10k) are finished homes with structures. The comparison confirms this listing is for the land itself.

4. What are the advantages of building in this specific area?
Waverley West B is a newer neighbourhood. Building here means you can design a modern, energy-efficient home tailored to your needs, and you'll be among the first residents in a developing community, which often sees rising property values as it matures.

5. What should I consider before buying a vacant lot?
Key considerations include verifying all zoning bylaws and building restrictions, confirming the cost and availability of utility connections (water, sewer, power), researching any applicable development fees, and obtaining detailed quotes for construction, as building costs are separate from the land purchase price.