Property Overview: 90 Hofsted Drive, Winnipeg
Key Characteristics & Appeal
This 2018-built home in Ridgewood South stands out for its substantial size and premium valuation within a newer, established neighborhood. With 2,364 sqft of living space, it ranks in the top 8% on its street and top 4% city-wide for size, offering significantly more room than the average Winnipeg home. Its assessed value of $833k places it firmly in the elite tier, ranking in the top 3% of the neighborhood and top 2% city-wide, indicating strong perceived value and desirability.
The appeal lies in acquiring a modern, low-maintenance property without compromising on space. It suits buyers looking for a move-in-ready home from the last decade that offers both room to grow and a sound investment profile. A thoughtful perspective is that while the lot size is above average for the street, it is slightly below the neighborhood average, suggesting a focus on the home's interior footprint over expansive outdoor space. This property is ideally suited for professionals or growing families seeking a modern layout in a community of similar, well-valued homes, who prioritize interior space and contemporary construction over a large yard.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home sold in August 2021 for an estimated $800k-$850k, a price that ranked in the top 4% of the area at the time. This aligns closely with its current $833k assessed value, suggesting stable, premium market positioning.
2. Is the home older or newer than others nearby?
Built in 2018, it is typical for its specific street but is newer than the vast majority of homes across Winnipeg. In the broader Ridgewood South area, its build year is around the average, meaning you’ll find a mix of similar-aged and slightly older homes in the community.
3. What does the "Elite" city-wide ranking mean?
Ranking in the top 2-4% city-wide for value and size means this property outperforms over 96% of comparable homes in Winnipeg. This signifies a combination of above-average square footage, modern construction, and a desirable location that is rare in the broader market.
4. How can I verify the exact historical sold price?
The provided sold price is an estimate from public data. To obtain the exact, verified sale figure, you must request a manual lookup from the site via email, as MLS transaction records are not displayed directly due to industry rules.
5. What are similar nearby properties like?
Nearby homes on Hofsted Drive and adjacent courts are mostly built from 2018-2023, with similar or slightly smaller living areas and assessed values ranging from approximately $597k to $798k. This indicates a consistent, high-value character for the immediate area.