79 Dedrick Bay

Ridgewood South, Winnipeg

Property score

92.9

Excellent

Overall 92.9 · Larger than most nearby homes

2,104 sqft (top 24%) · 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: 2 parks nearby

Living Area

Above average

12% larger 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)

Sold Count

537

Median price

600.9k

$/sqft

$308/sqft

Avg build year

2017

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Property score

92.9 is composed by the two sections below.

Property Score

94.4Excellent
Living Area2,104 sqft94Excellent
Year Built202097Excellent
Lot Size9,226 sqft95Excellent
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
2,104 sqft
0255075100
Same streetTop 10%Same areaTop 24%CitywideTop 8%
Same street · Dedrick Bay
#4 / 42
Top 10% · Avg 1,777 sqft
Same area · Ridgewood South
#190 / 783
Top 24% · Avg 1,872 sqft
Citywide · Winnipeg
#16,336 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

above average
535k
0255075100
Same streetTop 14%Same areaTop 46%CitywideTop 15%
Same street · Dedrick Bay
#6 / 42
Top 14% · Avg 492.4k
Same area · Ridgewood South
#363 / 783
Top 46% · Avg 560.2k
Citywide · Winnipeg
#28,435 / 194,458
Top 15% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetBottom 33%Same areaTop 39%CitywideTop 3%

Lot Size

above average
9,226 sqft
0255075100
Same streetTop 10%Same areaTop 11%CitywideTop 8%

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

79 Dedrick Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 368 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 7/2020CA$450k–500k
Sold price

Same street

Top 40%

Same area

Bottom 31%

City-wide

Top 21%

Related homes

Highlights & common questions: 79 Dedrick Bay, Winnipeg

Property Overview: 79 Dedrick Bay, Winnipeg

Key Characteristics & Buyer Appeal

This 2020-built home in Ridgewood South presents a compelling blend of modern construction and above-average space. Its primary appeal lies in its generous proportions relative to its surroundings. With 2,104 sqft of living area, it ranks in the top 10% on its own street and top 8% city-wide, offering more interior room than most Winnipeg homes. This is complemented by a notably large lot of over 9,200 sqft, placing it in the top 10% on Dedrick Bay, which allows for ample private outdoor space and future potential.

The home’s assessed value of $535k sits above average for its street and city, but interestingly, falls slightly below the neighborhood average, suggesting a value position within the desirable Ridgewood South area. Its modern age (2020) means major components are under warranty and built to recent codes, a significant advantage compared to Winnipeg’s predominantly older housing stock.

This property would suit buyers seeking a move-in ready, modern home without sacrificing yard size. It’s ideal for growing families who need both indoor living space and outdoor room to play, or for those who appreciate a newer build’s efficiency and low maintenance but want to avoid a tightly packed subdivision lot. The data suggests it offers a "best of both worlds" scenario: a contemporary home on a plot of land that feels established and spacious.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
Public records indicate a home on Dedrick Bay sold in July 2020 for between $450,000 and $500,000. The current assessed value of $535k for 79 Dedrick Bay is above that range, reflecting market changes, the home’s specific attributes, and its above-average living and land area.

2. What are the likely property taxes?
Based on the $535,000 assessed value, property taxes can be estimated by applying Winnipeg’s current mill rate. For a precise calculation, it’s recommended to use the City of Winnipeg’s online tax estimator tool with this exact assessment.

3. Is the sold price data shown here from the MLS?
No. The sold price data provided is gathered from publicly available sources and is not sourced from the MLS® System. For fully verified and exact historical transaction figures, a manual lookup through a licensed real estate professional is required.

4. What does it mean that the year built is "around average" for the street but "elite" city-wide?
Dedrick Bay is a relatively new street, with an average build year of 2021. So, while this 2020 home is typical for its immediate block, it is significantly newer than the average Winnipeg home (built circa 1966), placing it in the top 3% city-wide for age.

5. Why is the assessed value above average for the city but below average for the Ridgewood South neighborhood?
This indicates that Ridgewood South is a neighborhood with higher-than-average home values overall. This property’s assessment, while strong on a city scale, sits in a moderate position within its own affluent area, which could be seen as an opportunity to enter a desirable neighborhood.

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