38 Bishop'S Lane

Ridgedale, Winnipeg

Property score

84.7

Excellent

Overall 84.7 · Older than most nearby homes

2,458 sqft (top 42%) · 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

3% larger 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 Area96
2,458 sqftExcellent
Year Built52
1969Fair
Lot Size93
8,478 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
2,458 sqft
0255075100
Same streetTop 38%Same areaTop 42%CitywideTop 3%
Same street · Bishop'S Lane
#5 / 13
Top 38% · Avg 2,481 sqft
Same area · Ridgedale
#99 / 237
Top 42% · Avg 2,395 sqft
Citywide · Winnipeg
#6,298 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

above average
632k
0255075100
Same streetBottom 46%Same areaBottom 41%CitywideTop 6%
Same street · Bishop'S Lane
#7 / 13
Bottom 46% · Avg 933.1k
Same area · Ridgedale
#139 / 237
Bottom 41% · Avg 758.7k
Citywide · Winnipeg
#11,784 / 194,458
Top 6% · Avg 390.1k

Year Built

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

Lot Size

above average
8,478 sqft
0255075100
Same streetBottom 38%Same areaBottom 22%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

38 Bishop'S Lane — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 437 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

38 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: 38 Bishop'S Lane, Winnipeg

Property Overview: 38 Bishop's Lane, Winnipeg

Key Characteristics & Appeal

This is a substantial, well-established family home in Ridgedale, built in 1969. Its primary appeal lies in its generous scale and mature setting. With nearly 2,500 sqft of living space and a large 8,478 sqft lot, it offers significant room to grow. The home features a finished basement and an attached garage, fitting the classic two-storey layout. Its standout characteristic is its relative size: it ranks within the top 3% of Winnipeg homes for living area and the top 10% for lot size, offering a sense of space that is increasingly rare. The property suits buyers looking for a "blank canvas" home in a quiet, established neighborhood—those who value solid square footage and a large yard over brand-new condition. It’s ideal for a family seeking a long-term home where they can put down roots and potentially update the interiors to their own taste over time. A thoughtful perspective is that while the home is over 50 years old, its above-average rankings for size and assessed value suggest it has been maintained as a solid investment in a desirable location, rather than having fallen behind.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in Ridgedale, and across all of Winnipeg. For example, being in the top 3% for living area in Winnipeg means 97% of homes here are smaller. It’s a quick way to see this home’s competitive strengths are its spaciousness and lot size.

2. Is a 1969 home a concern?
While systems like plumbing or electrical may be due for updates or inspection, a home from this era often features robust construction and mature landscaping. The key is to have a thorough inspection to understand the condition of the major components.

3. Who would this home not suit?
It may not suit buyers seeking a modern, move-in-ready property without any projects, or those wanting a brand-new community with contemporary amenities. It’s best for those comfortable with the character and potential upkeep of an older home.

4. The lot is large. What are the possibilities?
Beyond a spacious backyard, a lot of this size (over 8,400 sqft) offers potential for future additions like a deck, shed, or garden, and provides excellent privacy and room for children or pets to play, which is a premium in many newer subdivisions.

5. How should I interpret the assessment value?
The municipal assessment of $632,000 is for tax purposes and indicates the city’s valuation of the property. It’s a useful data point, but the market sale price is determined by current buyer demand, condition, and comparable recent sales, not the assessment alone.