71 Dedrick Bay

Ridgewood South, Winnipeg

Property score

92.1

Excellent

Overall 92.1 · Larger and newer than most nearby homes

2,203 sqft (top 17%) · Built in 2021 (4 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: 2 parks nearby

Living Area

Above average

18% 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

92.1 is composed by the two sections below.

Property Score

93.0Excellent
Living Area2,203 sqft96Excellent
Year Built2021100Excellent
Lot Size5,854 sqft74Good
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

Elite
2,203 sqft
0255075100
Same streetTop 5%Same areaTop 17%CitywideTop 7%
Same street · Dedrick Bay
#2 / 42
Top 5% · Avg 1,777 sqft
Same area · Ridgewood South
#130 / 783
Top 17% · Avg 1,872 sqft
Citywide · Winnipeg
#12,708 / 194,458
Top 7% · Avg 1,342 sqft

Tax-Assessed Value

above average
549k
0255075100
Same streetTop 7%Same areaTop 41%CitywideTop 13%
Same street · Dedrick Bay
#3 / 42
Top 7% · Avg 492.4k
Same area · Ridgewood South
#323 / 783
Top 41% · Avg 560.2k
Citywide · Winnipeg
#24,928 / 194,458
Top 13% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetTop 29%Same areaTop 30%CitywideTop 2%

Lot Size

above average
5,854 sqft
0255075100
Same streetTop 24%Same areaTop 38%CitywideTop 36%

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

71 Dedrick Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 379 m).

Search radius
🌳Parks2

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 8/2021CA$500k–550k
Sold price

Same street

Top 9%

Same area

Top 47%

City-wide

Top 13%

Related homes

Highlights & common questions: 71 Dedrick Bay, Winnipeg

Property Overview: 71 Dedrick Bay, Ridgewood South, Winnipeg

Key Characteristics & Appeal

This 2021-built home at 71 Dedrick Bay is a modern, above-average sized property in a street of relatively new homes. Its primary appeal lies in its spacious 2,203 sqft living area, which ranks in the top 5% on its own street and the top 7% city-wide, offering significantly more interior space than the average Winnipeg home. With an assessed value of $549k, it sits above average for its street and the city, but interestingly, slightly below the current average for the broader Ridgewood South neighborhood. This positioning could present a value opportunity within a desirable area.

The home suits buyers seeking a move-in ready, modern build without the wait or uncertainties of new construction. It’s ideal for those who prioritize generous indoor living space over a very large yard, as the lot size is closer to the city average. The data suggests a buyer who values being part of a cohesive, contemporary streetscape—most homes on Dedrick Bay were built around the same time—while still gaining a size advantage over most neighbors.

Frequently Asked Questions

1. How does the assessed value compare to the likely selling price?
The assessed value of $549k is a municipal valuation for tax purposes, not a market price. It ranks above average for the street and city. The last sold price in 2021 was between $500k-$550k. A current market evaluation would be needed to determine today’s listing or sale price.

2. Is the lot size a drawback?
At 5,854 sqft, the lot is above average for Dedrick Bay but smaller than the typical lot in Ridgewood South. It balances a manageable yard with a large interior. It’s a drawback only if extensive outdoor space or privacy from neighbors is a top priority.

3. What does the "Top 41%" neighborhood ranking for value mean?
This means the home’s assessed value is around the middle of the pack for Ridgewood South. It indicates you may get more house (in terms of living area and newness) for your dollar here compared to other neighborhood properties, where average values are higher but homes may be older or smaller.

4. How reliable is the sold price data shown?
The displayed sold price range is based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup from the site, which they provide via email.

5. What are the implications of the home being built in 2021?
As a 5-year-old home, it should still carry most of its original builder warranties and will have modern building codes, insulation, and systems. It ranks in the top 2% newest homes city-wide, meaning major components like the roof, HVAC, and appliances are unlikely to need immediate replacement.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.