Property score
88.3
Excellent
Overall 88.3 · Newer than most nearby homes
1,868 sqft (top 46%) · Built in 2021 (4 yrs newer than avg)
Located in a high-income area with median household income of ~139k
Transit 68.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Near average
0% smaller than neighborhood avg.
Taon ng Paggawa
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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88.3 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 na bahay (hindi 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.
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
7 Yellow Rail Crescent — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 398 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%
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Bottom 35% | Bottom 21% | Top 25% |
Humiling ng eksaktong mga numero sa email
Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
7 Yellow Rail Crescent is a modern, well-sized family home in Winnipeg's Ridgewood South neighborhood. Built in 2021, it offers a move-in-ready opportunity with space and contemporary standards.
Key Characteristics & Appeal
This home’s primary strength is its balance of modern build quality and above-average space relative to the wider city. With 1,868 sqft of living area, it provides ample room for a growing family and ranks within the top 15% of Winnipeg homes for size. Its 2021 construction date is a significant advantage, placing it in the top 2% city-wide for age, suggesting newer systems, modern building codes, and minimal immediate repair needs.
The appeal lies in its position as a solid, contemporary property within a newer subdivision. On its own street, it holds an above-average assessed value and living area, indicating it's a competitive property in its immediate context. The lot size of 4,869 sqft is manageable, offering outdoor space without the high maintenance of a larger yard.
This property would suit first-time buyers looking for a modern home without the "project" aspects of an older property, or growing families seeking move-in-ready space. It also represents a prudent choice for buyers who value newer construction for its energy efficiency and predictable maintenance costs over the character of an older, established neighborhood.
1. How does this home compare to others in the area?
Within Ridgewood South, the home is around average for both size and value, meaning it’s a typical offering for this specific neighborhood. Its standout features are its very recent build year compared to the city average and its above-average living space city-wide.
2. What is the likely property tax?
Based on the $545k assessed value, property taxes can be estimated by applying Winnipeg’s current mill rate. For a precise calculation, it’s best to use the City of Winnipeg’s online tax estimator tool with this exact assessment.
3. Why is the lot size smaller than the neighborhood average?
Ridgewood South has a wide mix of lot sizes. The neighborhood average of over 8,300 sqft is skewed by older, larger lots. This home, built in 2021, is part of a newer section where subdivision patterns often yield smaller, more efficient lots, which is reflected in its more average city-wide ranking.
4. The home sold in 2021. What can that price tell me?
The previous sale price (listed in a range between $400k-$450k) provides a historical benchmark. Comparing it to the current $545k assessment indicates market appreciation, but for exact figures and a professional opinion on current market value, requesting the verified sale history or consulting a local agent is recommended.
5. Are there any potential concerns with a home built in 2021?
While a new build minimizes major repair risks, it’s still wise to inquire about the builder’s reputation and check if any Tarion or New Home Warranty coverage remains transferable. Also, consider that newer subdivisions may still be maturing, with ongoing construction nearby and younger, less-established landscaping.
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