2 Oakgrove Bay

Ridgedale, Winnipeg

Property score

82.0

Excellent

Overall 82.0 · Newer than most nearby homes

2,013 sqft (bottom 31%) · Built in 1993 (14 yrs newer than avg)

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

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

Living Area

Below average

16% smaller than neighborhood avg.

Year Built

Above average

14 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

82.0 is composed by the two sections below.

Property Score

89.6Excellent
Living Area2,013 sqft94Excellent
Year Built199381Excellent
Lot Size7,786 sqft91Excellent
Neighbourhood Sales Activity67Good

Community Score

70.5Good
Household Income76Good
Education Level72Good
Housing Stress63Fair
Core Housing Need76Good
Employment Health42Low

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

above average
2,013 sqft
0255075100
Same streetBottom 1%Same areaBottom 31%CitywideTop 11%
Same street · Oakgrove Bay
#7 / 7
Bottom 1% · Avg 2,460 sqft
Same area · Ridgedale
#163 / 237
Bottom 31% · Avg 2,395 sqft
Citywide · Winnipeg
#20,510 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

above average
623k
0255075100
Same streetBottom 1%Same areaBottom 39%CitywideTop 7%
Same street · Oakgrove Bay
#7 / 7
Bottom 1% · Avg 798.1k
Same area · Ridgedale
#144 / 237
Bottom 39% · Avg 758.7k
Citywide · Winnipeg
#12,659 / 194,458
Top 7% · Avg 390.1k

Year Built

above average
1993
0255075100
Same streetBottom 29%Same areaTop 29%CitywideTop 21%

Lot Size

above average
7,786 sqft
0255075100
Same streetBottom 29%Same areaBottom 11%CitywideTop 12%

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

2 Oakgrove Bay — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 273 m), 1 education (nearest 456 m), 2 parks (nearest 92 m).

Search radius
🍽️Dining1
🏫Education1
🌳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 10/2019CA$550k–600k
Sold price

Same street

Bottom 1%

Same area

Bottom 41%

City-wide

Top 10%

Related homes

Highlights & common questions: 2 Oakgrove Bay, Winnipeg

Property Overview

This two-storey home in Ridgedale offers a blend of established comfort and solid value. Built in 1993, it sits on a large, mature lot of nearly 7,800 square feet. The 2,013 sqft living space includes a finished basement, providing ample room for family life. Its key appeal lies in its relative size and lot privacy within the city, ranking in the top tiers for Winnipeg in both categories. The home suits buyers looking for a move-in ready, spacious property without the premium of a brand-new build, ideal for a growing family or those who value generous outdoor space.

Key Characteristics & Buyer Profile

  • Spacious & Established: The home offers above-average living and land area for Winnipeg, providing room to grow. The mature neighborhood suggests established gardens and tree cover, offering a settled, private feel.
  • Value & Condition: With a recent sale in 2019 and a current assessment aligning with that price range, it presents a stable, known commodity. The finished basement adds immediate functional space without a renovation project.
  • Who It Suits: This property is an excellent fit for practical buyers who prioritize space—both indoors and out—over a brand-new home. It would suit a family seeking a long-term home in a quiet neighborhood, or value-conscious buyers who appreciate the character and landscaping of an established property.

Frequently Asked Questions

1. How does the age of the home (1993) affect things?
Homes from this era typically feature modern fundamentals like standard electrical service and efficient insulation, while possibly needing updates to decor, flooring, or bathrooms. It represents a balance between avoiding the major issues of much older homes and the premium cost of a new build.

2. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area and citywide. For example, ranking in the top 12% for lot size in Winnipeg highlights its standout feature: a very large yard, which is a significant asset for privacy and outdoor activities.

3. Is the finished basement included in the 2,013 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade square footage. The finished basement is an additional bonus space, adding to the home's total usable area.

4. What is the significance of the 2019 sale price in today's market?
It provides a recent benchmark for the home's value, showing what a buyer previously paid. Comparing this to the current assessment and asking price helps gauge market movement and the seller's positioning.

5. The home ranks lower within its own community for size and value. What does that indicate?
This suggests Ridgedale may have a mix of larger, higher-value homes and more modest ones. This property offers a competitively priced entry point into the neighborhood while still providing more space than the majority of homes across Winnipeg.

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