Property score
82.1
Excellent
Overall 82.1 · Newer than most nearby homes
2,104 sqft (bottom 36%) · Built in 1994 (15 yrs newer than avg)
Located in a above-average income area with median household income of ~79k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 dining spot, 2 parks, 1 sports facility, and 1 government office nearby
Living Area
Below average
12% 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)
65
790k
$323/sqft
1979
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82.1 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111099
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
22 Sanders Bay — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 372 m), 2 parks (nearest 251 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Bottom 33% | Top 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 22 Sanders Bay, Ridgedale, Winnipeg
Section 1: Key Characteristics & Appeal
This property is a spacious, well-established two-storey home built in 1994, situated on a large, mature lot of over 8,000 square feet in Winnipeg's Ridgedale neighborhood. Its primary appeal lies in offering substantial space and land at a value-oriented point within the market. With over 2,100 square feet of living space, it ranks in the top 7% of Winnipeg homes for size, providing ample room for a growing family. The property includes a full, unfinished basement offering potential for future customization, and an attached garage.
The home suits buyers prioritizing interior space and lot size over a brand-new build. It’s ideal for those comfortable with a home that has three decades of history and see value in a property where the core structure and neighborhood are established. The data suggests it’s a competitively sized home for the city overall, but within its immediate community of larger, older homes, it sits in a more moderate position. This makes it a strong option for buyers seeking a "more house for the money" who are willing to consider cosmetic updates or who value the mature landscaping and settled feel of a 32-year-old property.
Section 2: Frequently Asked Questions
1. What is the neighborhood like?
Ridgedale is a mature, established neighborhood. The property rankings show that on its own street and within the wider community, many homes are larger and on similarly sizable lots, indicating a consistent, stable residential character.
2. Is the basement usable?
The basement is full-sized and unfinished. This represents both a project and an opportunity: it requires investment to finish, but allows the next owner to customize the space to their exact needs (e.g., a recreation room, home gym, or additional bedrooms) without needing to undo previous work.
3. How does the 2020 sale price compare to the current assessment?
The home sold for $530,000 in November 2020 and is currently assessed at $586,000. This increase reflects broader market trends over that period. Buyers should consider this recent sale history when evaluating current value.
4. What do the "rankings" actually mean for this property?
The rankings provide context. While the home is larger than 93% of Winnipeg homes, it is more average within its own desirable community of larger properties. This can mean you get the benefits of a spacious home in a sought-after area, but may not see the same dramatic equity premium as a similarly sized home in a neighborhood of smaller houses.
5. What are the immediate considerations for maintenance?
Built in 1994, the home is at an age where major components like the roof, windows, HVAC system, and exterior finishes may be nearing or due for replacement or significant servicing. A thorough inspection is crucial to understand the condition and timing of these capital expenditures.
