55 Ranchgrove Bay

Mission Gardens, Winnipeg

Property score

66.3

Good

Overall 66.3 · Compared with neighbourhood average

1,040 sqft (bottom 42%) · Built in 1985 (3 yrs older than avg)

Located in a high-income area with median household income of ~106k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 shop, and 5 parks nearby

Living Area

Near average

10% smaller than neighborhood avg.

Year Built

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 70%Tagalog · 6%

Past 10 years Mission Gardens sales snapshot (~80% of all data)

Sold Count

456

Median price

413k

$/sqft

$355/sqft

Avg build year

1988

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Property score

66.3 is composed by the two sections below.

Property Score

56.4Fair
Living Area1,040 sqft52Fair
Year Built198573Good
Lot Size4,998 sqft60Fair
Neighbourhood Sales Activity32Low

Community Score

81.2Excellent
Household Income87Excellent
Education Level54Fair
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

Mission Gardens

How to read: Share of sales in each ~$50k price band for “mission gardens” (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: #46110821

Community deep dive

$106K

Median household income

$119K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

16%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)1,082
Labour force participation rate71%
Median age38.0
Avg household size3.0
Unemployment rate7%
Population density2576 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households16%
Couple families with children35%
Median household income (2020)$106K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority41%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 70%
Mother tongue (2nd)Tagalog · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,040 sqft
0255075100
Same streetBottom 23%Same areaBottom 42%CitywideBottom 32%
Same street · Ranchgrove Bay
#30 / 39
Bottom 23% · Avg 1,201 sqft
Same area · Mission Gardens
#794 / 1,366
Bottom 42% · Avg 1,162 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
349k
0255075100
Same streetBottom 15%Same areaBottom 41%CitywideBottom 46%
Same street · Ranchgrove Bay
#33 / 39
Bottom 15% · Avg 382.7k
Same area · Mission Gardens
#812 / 1,366
Bottom 41% · Avg 373.4k
Citywide · Winnipeg
#105,277 / 194,458
Bottom 46% · Avg 390.1k

Year Built

above average
1985
0255075100
Same streetTop 10%Same areaBottom 48%CitywideTop 29%

Lot Size

around average
4,998 sqft
0255075100
Same streetBottom 8%Same areaBottom 48%CitywideBottom 45%

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

55 Ranchgrove Bay — 6 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 463 m), 5 parks (nearest 100 m).

Search radius
🛒Shopping1
🌳Parks5

Crime & Safety

Mission Gardens · WPS public data · 2026

Annual incidents

9

2026

vs. city avg

-69%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Property

67%

Sales History

Sold 2/2018CA$250k–300k
Sold price

Same street

Bottom 7%

Same area

Bottom 26%

City-wide

Bottom 33%

Related homes

Highlights & common questions: 55 Ranchgrove Bay, Winnipeg

Property Overview: 55 Ranchgrove Bay, Mission Gardens, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 55 Ranchgrove Bay presents a practical opportunity in Winnipeg's Mission Gardens neighborhood. Built in 1985, it is notably newer than many homes on its own street and across the wider city, which can be an advantage for systems and maintenance. With 1,040 sqft of living space, it offers a manageable footprint that is slightly smaller than the immediate street average but aligns closely with the typical size for the Mission Gardens area.

The property’s appeal lies in its position as a competitively assessed entry point into the market. The lot size of 4,998 sqft is standard for the neighborhood, offering adequate outdoor space without the burden of extensive upkeep. Its last recorded sale was between $250k-$300k in 2018, historically positioning it below the average for the street, suggesting it may attract value-conscious buyers.

This home would suit first-time buyers or downsizers seeking a lower-maintenance property in an established area. It’s a pragmatic choice for someone prioritizing a newer build year within a mature community over having the largest house or lot on the block. The data suggests it’s a home that fits comfortably within its local context rather than standing out, offering a sense of neighborhood consistency.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 1,040 sqft, the living area is moderately smaller than the average home on Ranchgrove Bay itself, but it is very close to the typical size for the broader Mission Gardens neighborhood, making it a standard offering for the area.

2. What does the assessed value indicate?
The assessed value is below the average for the specific street, but sits around the middle range when compared to the wider neighborhood and city. This often indicates a property that is perceived as a more modest offering on a street that may have some larger or more renovated homes.

3. Is the lot size a disadvantage?
While the lot is on the smaller side for Ranchgrove Bay, it is near the citywide average and is actually very close to the typical lot size in Mission Gardens. It provides a manageable yard, which can be a benefit for those wanting less landscaping work.

4. The home was built in 1985. Is that considered old?
Quite the opposite. The build year is a standout feature. It ranks in the top 10% newest homes on its own street and is newer than about 70% of comparable homes citywide, suggesting potentially fewer immediate concerns with aging components compared to much of Winnipeg's housing stock.

5. Where can I see more detailed context about the neighborhood?
A dedicated neighbourhood analysis page is available, showing this property on a map alongside nearby houses with detailed comparisons for year built, living area, assessed value, and lot size. A link is provided in the full property details to access this visual tool.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.