14 Oakgrove Bay

Ridgedale, Winnipeg

Property score

82.7

Excellent

Overall 82.7 · Newer than most nearby homes

2,295 sqft (bottom 49%) · Built in 1994 (15 yrs newer than avg)

Located in a above-average income area with median household income of ~79k

Transit 68.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 parks, 1 sports facility, and 1 government office nearby

Living Area

Near average

4% smaller than neighborhood avg.

Year Built

Above average

15 yrs newer than neighborhood avg.

Mother tongue

English · 85%French · 1%

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

82.7 is composed by the two sections below.

Property Score

90.8Excellent
Living Area96
2,295 sqftExcellent
Year Built81
1994Excellent
Lot Size91
7,593 sqftExcellent
Neighbourhood Sales Activity67
Good

Community Score

70.5Good
Household Income76
Good
Education Level72
Good
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health42
Low

Neighbourhood Sales

Ridgedale

How to read: Share of sales in each ~$50k price band for “ridgedale” (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: #46111099

Community deep dive

$79K

Median household income

$116K

Average household income

16%

Low income (LIM-AT)

0.4

Income inequality (Gini)

5.3

P90 / P10 ratio

33%

Single-person households

16%

Families with children

Population, labour & age

Population (2021)1,349
Labour force participation rate53%
Median age55.6
Avg household size2.2
Unemployment rate12%
Population density2645 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households33%
Couple families with children16%
Median household income (2020)$79K

Housing

Renter households53%
Condominium dwellings7%
Median dwelling value (owners)$552K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority6%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

Elite
2,295 sqft
0255075100
Same streetBottom 29%Same areaBottom 49%CitywideTop 5%
Same street · Oakgrove Bay
#5 / 7
Bottom 29% · Avg 2,460 sqft
Same area · Ridgedale
#120 / 237
Bottom 49% · Avg 2,395 sqft
Citywide · Winnipeg
#9,809 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

Elite
771k
0255075100
Same streetBottom 43%Same areaTop 34%CitywideTop 3%
Same street · Oakgrove Bay
#4 / 7
Bottom 43% · Avg 798.1k
Same area · Ridgedale
#80 / 237
Top 34% · Avg 758.7k
Citywide · Winnipeg
#5,060 / 194,458
Top 3% · Avg 390.1k

Year Built

above average
1994
0255075100
Same streetTop 29%Same areaTop 21%CitywideTop 20%

Lot Size

above average
7,593 sqft
0255075100
Same streetBottom 14%Same areaBottom 7%CitywideTop 13%

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

14 Oakgrove Bay — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 308 m), 2 parks (nearest 148 m).

Search radius
🍽️Dining1
🌳Parks2
💪Sports1
🏛️Government1

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%

Sales History

Sold 1/2020CA$650k–700k
Sold price

Same street

Bottom 25%

Same area

Top 48%

City-wide

Top 5%

Related homes

Highlights & common questions: 14 Oakgrove Bay, Winnipeg

Property Overview

This two-storey home on a large, 7,593 sqft lot in Ridgedale presents a compelling opportunity for a specific buyer. Built in 1994, its key appeal lies in its generous scale and established setting. With over 2,295 sqft of living space, a finished basement, and an attached garage, it offers substantial room for a family. The data reveals a less obvious strength: while the home itself is not the newest on the block, its lot size and total assessed value rank exceptionally high city-wide, suggesting a property with underlying value in its land and location. It would suit buyers looking for space over brand-new condition, who are comfortable with a home that has three decades of life and see potential in a property that outperforms most in Winnipeg for size and assessed worth.

Frequently Asked Questions

1. How does this home compare to others in the area?
It ranks highly for its lot size and assessed value within Winnipeg, placing in the top 5-15% of the city. In its immediate neighbourhood and street, it's a larger property on a bigger lot compared to many, though some nearby homes are newer.

2. What does the price history indicate?
The home was last purchased in January 2020 for $650,000. The current assessed value is $771,000. This increase reflects broader market trends and the property's high rankings for size and value.

3. Is the neighbourhood established or developing?
The 1994 build date and the mature lot size indicate Ridgedale is a well-established, settled neighbourhood, not a new development area.

4. What might "value over condition" mean for a buyer?
The data suggests you are paying for a premium lot size and generous square footage in a desirable city-wide ranking. A buyer should be prepared that some updates or maintenance consistent with a 32-year-old home may be part of the value proposition.

5. How should I interpret the various ranking percentages?
They show how this property stacks up against immediate neighbours and across Winnipeg. For example, ranking in the top 13% of Winnipeg for lot size is a significant advantage, while being newer than only 32% of homes in its own community confirms its established character.