21 Bishop'S Lane

Ridgedale, Winnipeg

Property score

91.0

Excellent

Overall 91.0 · Larger and newer than most nearby homes

3,802 sqft (top 5%) · Built in 2001 (22 yrs newer than avg)

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

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 park, and 1 place of worship nearby

Living Area

Above average

59% larger than neighborhood avg.

Year Built

Above average

22 yrs newer 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

91.0 is composed by the two sections below.

Property Score

95.8Excellent
Living Area100
3,802 sqftExcellent
Year Built87
2001Excellent
Lot Size100
37,575 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

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: #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.

Rankings

Living Area

Elite
3,802 sqft
0255075100
Same streetTop 15%Same areaTop 5%CitywideTop 1%
Same street · Bishop'S Lane
#2 / 13
Top 15% · Avg 2,481 sqft
Same area · Ridgedale
#13 / 237
Top 5% · Avg 2,395 sqft
Citywide · Winnipeg
#612 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.62M
0255075100
Same streetTop 15%Same areaTop 2%CitywideTop 1%
Same street · Bishop'S Lane
#2 / 13
Top 15% · Avg 933.1k
Same area · Ridgedale
#5 / 237
Top 2% · Avg 758.7k
Citywide · Winnipeg
#308 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
2001
0255075100
Same streetTop 8%Same areaTop 9%CitywideTop 17%

Lot Size

Elite
37,575 sqft
0255075100
Same streetTop 23%Same areaTop 6%CitywideTop 1%

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

21 Bishop'S Lane — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 425 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%

Sales History

21 Bishop'S Lane: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 21 Bishop'S Lane, Winnipeg

Property Overview: 21 Bishop's Lane, Ridgedale, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This property is defined by its exceptional scale and established presence in the Ridgedale area. Its primary characteristic is the substantial nearly 0.86-acre lot, offering a rare degree of privacy and space within the city, ranking in the top 1% of Winnipeg for land size. The 3,802 sqft, single-storey 2001 home provides generous living space, also ranking in the top tier city-wide. A finished basement and attached garage complement the main living areas. The appeal lies in the unique combination of a large, modern bungalow on a private, park-like estate lot—a profile that is increasingly uncommon in urban settings. Its consistent top-tier rankings for size, value, and relative newness within its community indicate a premium, well-regarded property.

This home would best suit buyers seeking long-term family living with ample room for gardens, recreation, or expansion, and who value single-level living or the flexibility a bungalow provides. It appeals to those prioritizing land and interior space over a downtown proximity, offering a semi-rural feel with city amenities. A thoughtful perspective is that while the 2001 build is modern, it is now a 25-year-old home, suggesting a buyer should be prepared for potential updates to decor or systems that align with contemporary tastes, balanced against the proven stability of an established neighborhood.


Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings show how this property compares to others. For example, being in the top 1% in Winnipeg for lot size means it is larger than 99% of other residential properties in the city, highlighting its rarity.

2. Is the property suitable for someone wanting a low-maintenance yard?
While the private lot is a major feature, its very large size (37,575 sqft) requires significant maintenance for lawns, gardens, and landscaping. It is better suited for those who enjoy gardening or will budget for professional yard care.

3. What are the implications of a "finished basement" in a 2001 home?
The finish is now over two decades old. Buyers should assess whether the basement's layout, materials, and style meet current needs and preferences, as it may represent an opportunity for future modernization.

4. How does the single-storey (bungalow) design impact living?
This layout offers excellent accessibility and avoids stairs, which can be ideal for multi-generational families or for aging in place. However, it also means all primary living spaces are on one level, which some may prefer over separated living zones.

5. The assessed value is high; what does this indicate?
The assessment, ranking in the top 2% of the community, reflects the property's premium combination of land and improvements according to municipal valuation. It sets a baseline for property taxes and suggests a strong market position, but the final sale price is determined by the current market.