51.1
Fair
Property score
51.1
Fair
Overall 51.1
Smaller than most nearby homes
680 sqft (bottom 3%)
Built in 1985 (4 yrs older than avg)
Located in a high-income area
with median household income of ~111k
Transit 80.0
2-min walk to transit with 3 nearby routes
Within 500m: 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
49% smaller than neighborhood avg.
Year Built
Near average
4 yrs older than neighborhood avg.
Mother tongue
English · 37%Punjabi · 24%
Past 10 years Mandalay West sales snapshot (~80% of all data)
472
454k
$385/sqft
1989
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51.1 is composed by the two sections below.
Property Score
Community Score
Mandalay West
How to read: Share of sales in each ~$50k price band for “mandalay west” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110190
$111K
Median household income
$105K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
7%
Single-person households
38%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
39 Ritchie Street — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 269 m).
Mandalay West · WPS public data · 2026
Annual incidents
7
2026
vs. city avg
-76%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
43%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 3% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 39 Ritchie Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 680 sqft bungalow, built in 1985, sits on a roughly 3,000 sqft lot in Mandalay West. Its key characteristic is its position as a modest, entry-level property within the city. The appeal lies in its affordability and lower property tax burden, as reflected in its assessed value of $28,900, which is significantly below both neighbourhood and city averages. The home last sold between $200k-$250k in 2018.
It suits first-time buyers or investors seeking a straightforward, low-cost entry into the Winnipeg market. The lot size is average for Ritchie Street itself, offering standard outdoor space for the immediate area. A thoughtful perspective is that while the living space is compact, its below-average costs could free up budget for renovations or serve as a manageable rental property. It represents a practical, no-frills option in a market where similar-sized homes often carry higher valuations.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
Assessed value is for municipal tax purposes and is not market value. This low assessment indicates significantly lower annual property taxes compared to most Winnipeg homes, which is a key ongoing cost savings.
2. How does the living area compare to nearby homes?
At 680 sqft, the home is smaller than most on Ritchie Street and in the wider Mandalay West area. It is a compact bungalow, ideal for minimalists or those viewing it as a starter home.
3. What does the "Top 97%" ranking for living area mean?
This statistic means that 97% of homes in Mandalay West are larger. It clearly indicates this is one of the neighbourhood's smaller properties, which is a primary factor in its accessible price point.
4. Is the lot size a positive?
On Ritchie Street, the lot is near the area average. However, compared to the wider city, it is smaller. This means less yard maintenance but also less private outdoor space than many detached homes in Winnipeg.
5. How can I find out the exact past sale price?
The provided sale price is a public data range. The listing service offers to provide the exact figure via email upon request, which they handle manually without using your address for marketing spam.
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