Property score
85.4
Excellent
Overall 85.4 · Older than most nearby homes
2,552 sqft (top 32%) · Built in 1969 (10 yrs older than avg)
Located in a high-income area with median household income of ~118k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby
Living Area
Near average
7% 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)
65
790k
$323/sqft
1979
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
85.4 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: #46111100
$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
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
50 Bishop'S Lane — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 478 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 25% | Bottom 35% | Top 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 50 Bishop's Lane, Ridgedale, Winnipeg
Section 1: Key Characteristics & Appeal
This is a spacious, well-established family home in Winnipeg's Ridgedale neighborhood. Built in 1969, it sits on a large, private lot of nearly 8,500 sqft. The key feature is its generous 2,552 sqft of living space, which places it in the top 2% of homes in Winnipeg for size. It offers a finished basement, a two-storey layout, and an attached garage.
The appeal lies in its combination of space, a mature setting, and proven value. The lot size provides room for outdoor activities and gardens, a rarity compared to newer subdivisions. While the home is from the late 1960s, its above-average living area and finished basement offer ample room for a growing family or those who enjoy hosting. The data suggests a home that has been a solid financial asset, with its current assessed value significantly higher than its 2017 sale price.
This property would best suit buyers looking for a classic, spacious family home in a mature neighborhood, who value larger interior and exterior spaces over a brand-new build. It’s ideal for those comfortable with a home of this era, who may see potential in updating certain elements over time to personalize it. The strong city-wide rankings for lot and home size indicate a property that stands out in terms of sheer space, offering a sense of permanence and room to grow that can be hard to find.
Section 2: Frequently Asked Questions
1. What is the neighborhood like?
Ridgedale is a mature, established community in Winnipeg. The property's rankings show it is a fairly typical home for its specific street and the wider Ridgedale area in terms of age and value, but it stands out for its larger-than-average lot and interior space within the community.
2. What should I know about a home built in 1969?
Prospective buyers should plan for a standard inspection to assess the condition of major aging components like the roof, windows, plumbing, and electrical systems, which may be original or nearing the end of their service life. This is common for homes of this vintage and allows for informed planning.
3. How does the assessed value relate to the likely selling price?
The municipal assessment of $651,000 is for tax purposes and provides a benchmark. The more telling data point is the 2017 sale at $538,000, showing historical value growth. The eventual selling price will be determined by current market conditions, the home's specific state, and buyer demand.
4. Is the finished basement included in the listed living area?
Typically, municipal living area (the 2,552 sqft figure) does not include below-grade space. The finished basement is an additional bonus area, adding functional space for recreation, guests, or a home office.
5. The home ranks very highly for size in Winnipeg, but lower within its own community. What does this mean?
This interesting contrast suggests that while Ridgedale itself is a neighborhood of generally spacious, established homes, 50 Bishop's Lane is among the larger ones there. On a city-wide scale, however, it is exceptionally spacious. This indicates you are buying into an area known for solid, family-sized properties, with this one being a particularly strong example in that category.
