Property Overview: 49 Kestrel Way, Winnipeg
Key Characteristics & Appeal
This 2020-built home in Ridgewood South stands out for its generous proportions and modern age. Its 2,201 sqft of living space is notably larger than most homes on its street, in the neighborhood, and across Winnipeg, placing it in the top tier for size. The property is further distinguished by a 10,000 sqft lot, which is nearly double the street average, offering significant outdoor space rarely found in newer builds.
The appeal lies in acquiring a like-new home without the typical trade-off of a smaller yard. It suits buyers looking for move-in-ready, modern construction who also prioritize privacy, room for gardening, or future expansion. The assessed value of $532k is above average for the city, yet moderate for the immediate area, suggesting a value proposition within a desirable street. It’s an ideal fit for growing families or those seeking a long-term home with ample indoor and outdoor room to grow, all while benefiting from the low maintenance of a recent build.
Frequently Asked Questions
1. How does the property’s value compare to recent sales on the street?
The home last sold in mid-2020 for between $450k and $500k. Its current assessed value of $532k ranks above the street average, indicating appreciation. For precise, verified sale figures of this and comparable homes, you can request a manual lookup via email.
2. Is the lot size typical for the area?
No, it’s a key feature. At 10,000 sqft, the lot is significantly larger than most on Kestrel Way (avg. ~5,345 sqft) and in the wider Ridgewood South neighborhood, offering a uncommon level of space for a home built in 2020.
3. What does the "Elite" or "Above Average" ranking mean for the living area?
These rankings compare the home against groups of similar properties. Its living area is in the top 4% on its street, the top 17% in the neighborhood, and the top 7% city-wide, confirming it is a spacious property by any measure.
4. The neighborhood assessed value ranking is "Around Average." Does that mean it’s overpriced?
Not necessarily. This indicates the home’s value is typical for Ridgewood South. Given that its living area and lot size are well above neighborhood averages, this could reflect a balance where the premium features are offset by the home’s value being in line with the area’s market.
5. How can I see exactly what nearby properties have sold for?
The site provides sold price ranges. Due to industry rules, exact MLS sold records are not displayed. You can request exact, manually verified sale prices for this property and others by email, which will be provided without obligation.