Property score
91.2
Excellent
Overall 91.2 · Newer than most nearby homes
1,973 sqft (top 36%) · Built in 2021 (4 yrs newer than avg)
Located in a high-income area with median household income of ~139k
Transit 58.0 · 6-min walk to transit with 2 nearby routes
Living Area
Near average
5% larger than neighborhood avg.
Year Built
Above average
4 yrs newer than neighborhood avg.
Mother tongue
English · 74%Tagalog · 3%
Past 10 years Ridgewood South sales snapshot (~80% of all data)
537
600.9k
$308/sqft
2017
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91.2 is composed by the two sections below.
Property Score
Community Score
Ridgewood South
How to read: Share of sales in each ~$50k price band for “ridgewood south” (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: #46111084
$139K
Median household income
$142K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
9%
Single-person households
50%
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
Ridgewood South · WPS public data · 2026
Annual incidents
2
2026
vs. city avg
-93%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
50%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 13% | Top 42% | Top 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 55 Yellow Rail Crescent, Winnipeg
Key Characteristics & Appeal
This 2021-built home in Ridgewood South offers modern living with a standout position within its immediate area. Its key appeal lies in offering above-average space and a premium assessed value on a street of relatively new, similar homes. With nearly 2,000 sqft of living area, it provides more space than most Winnipeg homes and ranks in the top 12% city-wide for size. The lot is also generous for the street, ranking 7th largest out of 58.
The home’s assessed value of $581K is notably elite on its own street (ranked #2), suggesting it is perceived as a higher-calibre property among its direct peers. This creates an interesting dynamic: while the home fits the average for the broader Ridgewood South neighborhood, it is a leading property on Yellow Rail Crescent itself. This positions it well for buyers who value a newer build (circa 2021) with modern efficiencies and minimal immediate maintenance, set on a desirable, spacious lot.
It would best suit buyers looking for a move-in ready, contemporary home who prioritize a strong value proposition within a specific, newer subdivision. It’s ideal for those who want more space than a typical starter home but appreciate being among similarly aged properties. A thoughtful perspective is that this home offers the benefits of a new build without being in a brand-new, still-developing area, as the street itself is now established with mature landscaping.
Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
Its assessed value is in the top 3% on Yellow Rail Crescent, meaning it is valued significantly higher than the street average. In the broader Ridgewood South area and city-wide, its value is still above average, but its most standout comparison is against its immediate neighbors.
2. Is the lot size typical for the area?
The lot is above average for the street but around average for the wider Ridgewood South neighborhood. It’s worth noting that the average lot in Ridgewood South is actually larger, so this property offers a spacious lot for its specific street, but not necessarily for the entire community.
3. What are the likely advantages of a 2021 build?
A home built in 2021 should have modern building codes, energy efficiency standards, and warranties that may still be partially transferable. It also suggests minimal wear and tear and likely features contemporary layouts and finishes.
4. The home sold in 2021. Is price history available?
The sold price from September 2021 is shown as a range (CA$550k–600k). For verified, exact historical sale figures, you must request a manual lookup from the site via email, as they do not display MLS data directly.
5. How does the living space compare to a typical Winnipeg home?
With 1,973 sqft, this home is significantly larger than the Winnipeg average of 1,342 sqft, placing it in the top 12% of homes city-wide by living area.
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