14 Bishop'S Lane

Ridgedale, Winnipeg

Property score

81.1

Excellent

Overall 81.1 · Smaller and older than most nearby homes

1,798 sqft (bottom 22%) · Built in 1967 (12 yrs older than avg)

Located in a high-income area with median household income of ~118k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 park, and 1 place of worship nearby

Living Area

Below average

25% smaller than neighborhood avg.

Taon ng Paggawa

Below average

12 yrs older than neighborhood avg.

Mother tongue

English · 89%Punjabi · 21%

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

Sold Count

65

Median price

790k

$/sqft

$323/sqft

Avg build year

1979

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Property score

81.1 is composed by the two sections below.

Property Score

79.3Good
Living Area86
1,798 sqftExcellent
Taon ng Paggawa52
1967Fair
Lupa93
8,395 sqftExcellent
Neighbourhood Sales Activity67
Good

Community Score

83.7Excellent
Household Income90
Excellent
Education Level91
Excellent
Housing Stress63
Fair
Core Housing Need100
Excellent
Employment Health42
Low

Istatistika ng benta ng komunidad

Ridgedale

How to read: Share of sales in each ~$50k price band for “ridgedale” (Detached na bahay (hindi 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: #46111100

Community deep dive

$118K

Median household income

$170K

Average household income

4%

Low income (LIM-AT)

0.4

Income inequality (Gini)

4.2

P90 / P10 ratio

27%

Single-person households

25%

Families with children

Population, labour & age

Population (2021)450
Labour force participation rate49%
Median age58.0
Avg household size2.3
Unemployment rate5%
Population density957 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households27%
Couple families with children25%
Median household income (2020)$118K

Housing

Renter households7%
Condominium dwellings27%
Median dwelling value (owners)$524K

Diversity, education & language

Immigrants (share of pop.)2%
Visible minority0%
Bachelor's or higher (25–64)50%
Mother tongue (1st)English · 88%
Mother tongue (2nd)

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

Mga ranggo

Living Area

lampas sa average
1,798 sqft
0255075100
Same streetBottom 1%Same areaBottom 22%CitywideTop 17%
Same street · Bishop'S Lane
#13 / 13
Bottom 1% · Avg 2,481 sqft
Same area · Ridgedale
#186 / 237
Bottom 22% · Avg 2,395 sqft
Citywide · Winnipeg
#33,563 / 194,458
Top 17% · Avg 1,342 sqft

Assessed Value

lampas sa average
523k
0255075100
Same streetBottom 15%Same areaBottom 19%CitywideTop 16%
Same street · Bishop'S Lane
#11 / 13
Bottom 15% · Avg 933.1k
Same area · Ridgedale
#191 / 237
Bottom 19% · Avg 758.7k
Citywide · Winnipeg
#31,706 / 194,458
Top 16% · Avg 390.1k

Taon ng Paggawa

karaniwan
1967
0255075100
Same streetBottom 1%Same areaBottom 16%CitywideBottom 49%

Lupa

lampas sa average
8,395 sqft
0255075100
Same streetBottom 31%Same areaBottom 21%CitywideTop 10%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

14 Bishop'S Lane — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 358 m).

Search radius
🌳Parks1
Worship1

Crime & Safety

Ridgedale · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Violent

100%

Kasaysayan ng Benta

Naibenta 5/2021CA$450k–500k
Presyo ng benta

Parehong kalye

Bottom 1%

Parehong lugar

Bottom 24%

Buong lungsod

Top 19%

Related homes

Mga tampok at karaniwang tanong: 14 Bishop'S Lane, Winnipeg

Property Overview & Key Characteristics

This is a spacious, two-storey family home built in 1967, situated on a large, private lot in Winnipeg's Ridgedale neighbourhood. Its primary appeal lies in the generous scale of both the land and living space. With nearly 1,800 sqft of finished living area and a lot size over 8,300 sqft, it offers room to grow and breathe—a combination that is increasingly rare. The home features a finished basement and an attached garage.

The property's standout characteristic is its competitive positioning within the broader Winnipeg market. It ranks within the top 15% of the city for both lot size and living area, meaning it offers more space than the vast majority of homes available. This makes it particularly suited for buyers who prioritize yard space for children, gardening, or pets, and who need ample indoor living area, but may not require a brand-new build. It’s a practical choice for a growing family or someone looking for a long-term home with established neighbourhood character and the potential to add personal value over time. A thoughtful perspective is that while the home itself is from the 1960s, the sheer size of the lot provides a timeless asset and future flexibility that newer subdivisions often cannot match.

Frequently Asked Questions

1. How does the home’s age affect its value and condition?
Built in 1967, the home is well-established. Buyers should budget for updates consistent with its era, but the significant lot size and living space are permanent, highly valued assets that often appreciate independently of the structure's age.

2. The rankings show it's newer than only 14% of homes in Ridgedale. What does that mean?
This indicates Ridgedale is a mature neighbourhood with many older homes. The community is well-established with mature trees and settled streetscapes. The appeal here is character and space, not modern construction.

3. Why is the assessed value higher than the 2021 sale price?
The 2021 sale price of $475,000 provides a historical benchmark. The current assessed value of $523,000 reflects the municipal assessment for tax purposes, which considers market trends and may differ from a future sale price determined by a buyer and seller today.

4. What is the significance of the lot size ranking so highly?
Ranking in the top 10% in Winnipeg for lot size is a major advantage. It offers privacy, space for recreation or expansion, and is a key driver of long-term value in a land-constrained market.

5. Who would this home not suit?
It may not suit buyers seeking a modern, low-maintenance property or a quick "turn-key" purchase without any projects. It is ideal for those who see value in space and are prepared to live in or gradually update a solid, character home.