32 Bishop'S Lane

Ridgedale, Winnipeg

Property score

84.7

Excellent

Overall 84.7 · Older than most nearby homes

2,208 sqft (bottom 43%) · Built in 1969 (10 yrs older than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Near average

8% smaller than neighborhood avg.

Year Built

Below average

10 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

84.7 is composed by the two sections below.

Property Score

85.3Excellent
Living Area2,208 sqft96Excellent
Year Built196952Fair
Lot Size8,357 sqft93Excellent
Neighbourhood Sales Activity67Good

Community Score

83.7Excellent
Household Income90Excellent
Education Level91Excellent
Housing Stress63Fair
Core Housing Need100Excellent
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: #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

above average
2,208 sqft
0255075100
Same streetBottom 38%Same areaBottom 43%CitywideTop 6%
Same street · Bishop'S Lane
#8 / 13
Bottom 38% · Avg 2,481 sqft
Same area · Ridgedale
#135 / 237
Bottom 43% · Avg 2,395 sqft
Citywide · Winnipeg
#12,509 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

Elite
653k
0255075100
Same streetTop 38%Same areaBottom 45%CitywideTop 5%
Same street · Bishop'S Lane
#5 / 13
Top 38% · Avg 933.1k
Same area · Ridgedale
#130 / 237
Bottom 45% · Avg 758.7k
Citywide · Winnipeg
#10,185 / 194,458
Top 5% · Avg 390.1k

Year Built

around average
1969
0255075100
Same streetBottom 46%Same areaBottom 27%CitywideTop 49%

Lot Size

above average
8,357 sqft
0255075100
Same streetBottom 23%Same areaBottom 20%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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

32 Bishop'S Lane — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 417 m).

Search radius
🌳Parks1

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 8/2016CA$650k–700k
Sold price

Same street

Top 50%

Same area

Top 47%

City-wide

Top 5%

Related homes

Highlights & common questions: 32 Bishop'S Lane, Winnipeg

Property Overview

This 1969-built home on a large, 8,357 sqft lot in Ridgedale offers a blend of space, established character, and a prime location. Its key appeal lies in its generous proportions—both the 2,208 sqft living area and the lot size rank in the top 10% and 6% of Winnipeg, respectively. The finished basement and in-ground pool add significant functional and leisure value. While it lacks a garage, the property's overall space is a major asset.

The home suits buyers looking for a established, spacious property in a mature neighbourhood, who value room to grow or entertain more than a brand-new build. It would particularly appeal to a family seeking a large yard and pool, or to value-driven buyers who see potential in a solid, well-sized home from a sought-after era, and who may prioritize lot size and interior space over having a garage.

Key Considerations & FAQs

  1. How does the lack of a garage impact the property?
    This is a trade-off for the large lot and living space. Buyers would need to consider on-street parking or the cost and space required to add a garage or carport in the future, which the lot size could potentially accommodate.

  2. The home is 57 years old. What should I be mindful of?
    While the rankings show it's newer than many Winnipeg homes, a pre-purchase inspection is essential. Key systems like roof, plumbing, electrical, and the foundation should be carefully evaluated, as updates may be needed or planned for.

  3. The assessment and last sale price are very close. What does that indicate?
    The 2023 assessment of $653,000 aligns closely with its 2016 sale price of $651,000. This suggests the official valuation has remained stable, but it does not dictate market value. In the current market, the sale price will be determined by recent comparable sales and buyer demand.

  4. What do the "rankings" actually tell me?
    They show how this property compares to its immediate neighbours and the wider city. Notably, it ranks in the top 10% of Winnipeg for both lot size and living area, indicating it's a substantially larger property than most in the city. Its overall value also ranks in the top 5%.

  5. Is the pool a benefit or a burden?
    This depends on the buyer. It's a great private recreational feature for families, but it requires ongoing maintenance, carries safety responsibilities, and adds to seasonal utility costs. Its condition and equipment age should be factored into any offer.

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