55 Yellow Rail Crescent

Ridgewood South, Winnipeg

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)

Sold Count

537

Median price

600.9k

$/sqft

$308/sqft

Avg build year

2017

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Property score

91.2 is composed by the two sections below.

Property Score

91.6Excellent
Living Area1,973 sqft92Excellent
Year Built2021100Excellent
Lot Size6,166 sqft81Excellent
Neighbourhood Sales Activity86Excellent

Community Score

90.7Excellent
Household Income92Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health90Excellent

Neighbourhood Sales

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.

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: #46111084

Community deep dive

$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

Population, labour & age

Population (2021)1,990
Labour force participation rate78%
Median age34.8
Avg household size3.1
Unemployment rate5%
Population density1542 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households9%
Couple families with children50%
Median household income (2020)$139K

Housing

Renter households4%
Condominium dwellings1%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority24%
Bachelor's or higher (25–64)49%
Mother tongue (1st)English · 74%
Mother tongue (2nd)Tagalog · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,973 sqft
0255075100
Same streetTop 26%Same areaTop 36%CitywideTop 12%
Same street · Yellow Rail Crescent
#15 / 58
Top 26% · Avg 1,823 sqft
Same area · Ridgewood South
#278 / 783
Top 36% · Avg 1,872 sqft
Citywide · Winnipeg
#22,397 / 194,458
Top 12% · Avg 1,342 sqft

Tax-Assessed Value

Elite
581k
0255075100
Same streetTop 3%Same areaTop 32%CitywideTop 9%
Same street · Yellow Rail Crescent
#2 / 58
Top 3% · Avg 510.2k
Same area · Ridgewood South
#252 / 783
Top 32% · Avg 560.2k
Citywide · Winnipeg
#18,316 / 194,458
Top 9% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetTop 17%Same areaTop 30%CitywideTop 2%

Lot Size

above average
6,166 sqft
0255075100
Same streetTop 12%Same areaTop 31%CitywideTop 27%

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

Search radius
No data within 500 m.

Crime & Safety

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%

Sales History

Sold 9/2021CA$550k–600k
Sold price

Same street

Top 13%

Same area

Top 42%

City-wide

Top 11%

Related homes

Highlights & common questions: 55 Yellow Rail Crescent, Winnipeg

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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