8 Yellow Rail Crescent

Ridgewood South, Winnipeg

Property score

88.1

Excellent

Overall 88.1 · Compared with neighbourhood average

1,728 sqft (bottom 36%) · Built in 2020 (3 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

Below average

8% 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)

Sold Count

537

Median price

600.9k

$/sqft

$308/sqft

Avg build year

2017

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Property score

88.1 is composed by the two sections below.

Property Score

86.4Excellent
Living Area1,728 sqft86Excellent
Year Built202097Excellent
Lot Size5,673 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

above average
1,728 sqft
0255075100
Same streetBottom 34%Same areaBottom 36%CitywideTop 20%
Same street · Yellow Rail Crescent
#38 / 58
Bottom 34% · Avg 1,823 sqft
Same area · Ridgewood South
#498 / 783
Bottom 36% · Avg 1,872 sqft
Citywide · Winnipeg
#38,550 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
474k
0255075100
Same streetBottom 14%Same areaBottom 22%CitywideTop 24%
Same street · Yellow Rail Crescent
#50 / 58
Bottom 14% · Avg 510.2k
Same area · Ridgewood South
#612 / 783
Bottom 22% · Avg 560.2k
Citywide · Winnipeg
#47,018 / 194,458
Top 24% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetBottom 45%Same areaTop 39%CitywideTop 3%

Lot Size

above average
5,673 sqft
0255075100
Same streetTop 16%Same areaTop 43%CitywideTop 39%

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

8 Yellow Rail Crescent — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 394 m).

Search radius
🌳Parks1

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 9/2020CA$400k–450k
Sold price

Same street

Bottom 22%

Same area

Bottom 11%

City-wide

Top 30%

Related homes

Highlights & common questions: 8 Yellow Rail Crescent, Winnipeg

Property Overview: 8 Yellow Rail Crescent, Winnipeg

Key Characteristics & Appeal

This 2020-built home in Ridgewood South offers a modern, low-maintenance living experience within a newer subdivision. Its 1,728 sqft living space is competitively sized, ranking above the Winnipeg city average, while the 5,673 sqft lot is notably larger than most on its street, providing good outdoor space for a newer community. The home’s primary appeal lies in its contemporary construction, offering buyers modern building standards, energy efficiency, and minimal immediate repair concerns compared to much of Winnipeg’s older housing stock.

The property presents a nuanced value proposition. Its assessed value ($474k) sits below the averages for both its immediate street and the wider Ridgewood South area, potentially indicating room for equity growth as the home matures in a developing neighborhood. However, it is priced above the citywide average, reflecting its newer condition. This home would suit first-time buyers or young families seeking a turn-key, modern property without the upkeep of an older home, and investors or value-conscious buyers who see potential in a newer home priced below its immediate peer average.

Frequently Asked Questions

1. Is this home a good value compared to its neighbors?
The data suggests it may be. The home’s assessed value is below the average for both Yellow Rail Crescent and the broader Ridgewood South area, while its lot size is above the street average and it’s a modern build. This could represent a relative value opportunity within this specific newer community.

2. What does the sold price history tell us?
The home last sold in September 2020 for between $400k-$450k. Given its current assessed value of $474k, this indicates appreciation. The sale also falls within the top 30% of citywide sale prices, confirming its position as a above-average priced home in the Winnipeg market.

3. How does the lot size compare?
At 5,673 sqft, the lot is above average for Yellow Rail Crescent (ranked 9th largest out of 58 lots). However, it is smaller than the average lot for the wider Ridgewood South neighborhood. This means you have more space than most direct neighbors, but the overall area may include properties with larger, more established yards.

4. Who might this property not suit?
Buyers seeking a large, mature yard or an established neighborhood with older trees might find the lot and streetscape typical of a recent development. Additionally, those whose budget is strictly at the citywide average price point may find it above their target.

5. How can I verify the exact past sold price?
The site provides sold price ranges for general research. To obtain the exact historical sale figure, you must request a manual lookup via email, as this data is not sourced from the MLS system.

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