Property Overview: 51 Dedrick Bay, Winnipeg

Key Characteristics & Appeal

This 2021-built home in Ridgewood South presents a compelling blend of modern construction and above-average space. With 2,164 sqft of living area, it stands notably larger than most Winnipeg homes and is above the average for its own street, offering more interior room than many of its immediate neighbors. The lot size of 7,171 sqft is also generous for the street, providing ample outdoor space.

The home’s primary appeal lies in its modern efficiency and statistical standing. As a near-new build (top 2% city-wide for age), it likely benefits from contemporary building standards, energy efficiency, and minimal immediate maintenance. Its assessed value of $517k sits above the city average but is moderately priced for its own street, suggesting a value position within a desirable micro-location. A thoughtful perspective is that this property offers a "move-in-ready" modern footprint on a street where many homes are of a similar recent vintage, creating a cohesive, well-maintained streetscape.

This property would suit buyers prioritizing modern builds who want more space than a typical starter home, but who also value being in a developed, established-feeling neighborhood. It’s ideal for those who want to avoid the surprises of an older home while still acquiring a property that ranks well above average in size and condition across the wider city.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
According to available data, a nearby home at 21 Dedrick Bay (1,836 sqft, built 2021) has an assessed value of $550k. The subject property at #51 offers more living space (2,164 sqft) at a lower assessed value ($517k), which may indicate a potentially different condition, layout, or feature set worth investigating.

2. Is the lot size typical for the area?
The lot is above average for Dedrick Bay but slightly below the broader Ridgewood South neighborhood average. This means you get a larger yard than most on your specific street, though some lots in the wider area are bigger.

3. What are the potential advantages of a home built in 2021?
Beyond just being "new," a 2021 build should have modern wiring, plumbing, insulation, and appliances, leading to lower maintenance costs and better energy efficiency in the critical first years of ownership.

4. How can I verify the exact historical sale price?
The site provides sold price ranges for context. To obtain fully verified, exact sale figures from the property’s transaction history, you must request a manual lookup via email, as this data is not displayed directly on the platform.

5. The neighborhood average assessed value is higher than this home’s value. What does that mean?
While the home’s value is above the city average, it is ranked around the middle for Ridgewood South. This could mean it’s a relatively more affordable entry point into the neighborhood, or it may reflect differences in finishing, location within the area, or lot specifics compared to higher-valued homes nearby.