65.0
Good
Property score
65.0
Good
Overall 65.0
Smaller than most nearby homes
1,013 sqft (bottom 20%)
Built in 1986 (3 yrs older than avg)
Located in a high-income area
with median household income of ~111k
Transit 88.0
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
25% smaller than neighborhood avg.
Year Built
Near average
3 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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65.0 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
55 Ritchie Street — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 238 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 | Top 29% | Bottom 47% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 55 Ritchie Street, Winnipeg
Key Characteristics & Appeal
This home at 55 Ritchie Street in Mandalay West presents a practical and well-positioned offering. Built in 1986, it sits comfortably within the average age range for its immediate street and neighborhood. Its key characteristic is efficient space: the 1,013 sqft living area is notably above average for Ritchie Street itself, suggesting a home that makes good use of its footprint compared to direct neighbors. The assessed value of $340k is around the average for the street and city-wide, indicating a fair market positioning.
The appeal lies in its established community context and relative value. It suits first-time buyers or downsizers looking for a manageable size in a mature neighborhood without a premium price tag. A thoughtful perspective is that while the lot size is smaller than many in Winnipeg overall, it is quite typical for Mandalay West, offering lower maintenance—a potential draw for those seeking a simpler yard. The home’s strongest metrics are on its own street, suggesting it might represent a solid choice within this specific, familiar locale rather than standing out in the broader city market.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,013 sqft, the living area is actually above average for houses directly on Ritchie Street, ranking in the top 18% of 45 local properties. This means it offers more interior space than most of its immediate neighbors.
2. Is the assessed value in line with the area?
Yes. The $340,000 assessment is around the average (top 33%) for Ritchie Street and also aligns closely with the city-wide average for comparable homes.
3. What is the land size, and is it typical?
The lot is 2,999 sqft. This is around average for Ritchie Street but below the average lot size for both the Mandalay West neighborhood and Winnipeg as a whole. This typically translates to less outdoor maintenance.
4. When was it last sold, and for what price?
The home sold in 2022. The exact sale price is not publicly listed, but data shows a range of CA$350,000–$400,000. The current assessed value of $340k falls within that historical range.
5. How can I get the exact historical sale prices?
The listing service offers to provide exact sold prices via email upon request. They state this is done manually and they aim to reply by the end of the same day, without using your email for unsolicited marketing.
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