Property score
89.2
Excellent
Overall 89.2 · Compared with neighbourhood average
1,871 sqft (top 44%) · Built in 2020 (3 yrs newer than avg)
Located in a high-income area with median household income of ~139k
Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 park nearby
Living Area
Near average
0% smaller than neighborhood avg.
Year Built
Near average
3 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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89.2 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
59 Dedrick Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 389 m).
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 | Bottom 6% | Bottom 5% | Top 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 59 Dedrick Bay, Winnipeg
Key Characteristics & Appeal
This 2020-built home in Ridgewood South offers a modern, low-maintenance living space with 1,871 sqft of living area, which is notably above average for Winnipeg overall. Its primary appeal lies in its contemporary construction, providing the benefits of a newer home (like modern building codes, systems, and finishes) without the wait and decisions required for a new build. The lot size is consistent with others on the street, offering a balanced outdoor space.
A thoughtful perspective for buyers is its position as a relative value within its immediate area. While the home is above average in size city-wide, its assessed value is below the averages for both its street and the broader Ridgewood South neighborhood. This suggests a potential opportunity compared to neighboring properties, though it warrants investigation into the specific reasons. The home would suit first-time buyers or young families seeking a turn-key, modern property in a developing area, as well as value-conscious buyers looking for a newer home that may be priced more accessibly than its immediate peers.
Frequently Asked Questions
1. Why is the assessed value below the street and neighborhood averages?
This is a key question. It could be due to factors like specific lot characteristics, interior finish levels, or the timing of the assessment. It’s advisable to review the detailed assessment and compare the home’s specific features with recently sold properties in the area.
2. What are the property taxes?
The annual property tax can be calculated by applying the City of Winnipeg’s current tax rate to the $442,000 assessed value. A real estate agent or the city’s tax calculator can provide the precise annual amount.
3. How does the lot size compare for the area?
At 5,614 sqft, the lot is typical for Dedrick Bay but is smaller than the average lot in the wider Ridgewood South neighborhood. This is common for newer developments and translates to less yard maintenance.
4. Can I get the exact historical sale price?
The public data shows the home sold in March 2020 for between $350,000 and $400,000. For the exact sale price and a full transaction history, you must request a manual lookup from the site via email, as they do not display MLS sold records.
5. What does the "Top X%" ranking mean for year built?
A ranking in the "Top 3%" city-wide for year built (2020) means this home is newer than approximately 97% of comparable properties across Winnipeg, highlighting its modern age in a city with many older homes.
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