83 Dedrick Bay

Ridgewood South, Winnipeg

Property score

90.2

Excellent

Overall 90.2 · Compared with neighbourhood average

1,719 sqft (bottom 35%) · 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

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

90.2 is composed by the two sections below.

Property Score

89.9Excellent
Living Area1,719 sqft86Excellent
Year Built202097Excellent
Lot Size11,905 sqft97Excellent
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
1,719 sqft
0255075100
Same streetBottom 36%Same areaBottom 35%CitywideTop 20%
Same street · Dedrick Bay
#27 / 42
Bottom 36% · Avg 1,777 sqft
Same area · Ridgewood South
#508 / 783
Bottom 35% · Avg 1,872 sqft
Citywide · Winnipeg
#39,262 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
514k
0255075100
Same streetTop 31%Same areaBottom 43%CitywideTop 18%
Same street · Dedrick Bay
#13 / 42
Top 31% · Avg 492.4k
Same area · Ridgewood South
#445 / 783
Bottom 43% · Avg 560.2k
Citywide · Winnipeg
#34,190 / 194,458
Top 18% · Avg 390.1k

Year Built

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

Lot Size

Elite
11,905 sqft
0255075100
Same streetTop 2%Same areaTop 4%CitywideTop 4%

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

83 Dedrick Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 371 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 6/2020CA$450k–500k
Sold price

Same street

Top 23%

Same area

Bottom 41%

City-wide

Top 18%

Related homes

Highlights & common questions: 83 Dedrick Bay, Winnipeg

Property Overview: 83 Dedrick Bay, Winnipeg

Key Characteristics & Appeal

This 2020-built home in Ridgewood South offers a compelling blend of modern convenience and generous outdoor space. Its 1,719 sqft living area is competitively sized, ranking around the average for its immediate street and neighborhood, but places it well above the typical Winnipeg home. The standout feature is the expansive 11,905 sqft lot, which is elite at every level—it’s more than double the average lot size on Dedrick Bay and ranks in the top 4% citywide. This presents a rare opportunity in a newer development for significant gardening, recreation, or future expansion.

The home’s assessed value of $514k is above the Winnipeg average, reflecting its newer construction and desirable lot, yet it remains in line with neighborhood norms. Its appeal lies in this balance: you acquire a contemporary home that requires less immediate upkeep, paired with a land parcel that is increasingly uncommon in newer subdivisions. It would suit buyers looking for a move-in ready, modern property who still prioritize substantial private outdoor space—ideal for families, hobbyists, or anyone valuing room to grow without venturing into older, potentially renovation-heavy areas.

Frequently Asked Questions

1. How does the lot size compare to typical properties in Winnipeg?
The lot is exceptionally large, placing it in the top 4% of all comparable properties in the city. At nearly 12,000 sqft, it is significantly larger than the Winnipeg average of about 6,570 sqft.

2. Is the living space considered large for the area?
The living area is fairly standard for the Ridgewood South neighborhood and Dedrick Bay street, aligning with the local averages. Its advantage is that it is a modern, above-average size home by broader Winnipeg standards, where many homes are older and smaller.

3. What is the history of sale prices for this home?
Public records indicate it last sold in June 2020 for a price between CA$450,000 and $500,000. For fully verified and exact historical transaction figures, a manual lookup through the site’s email request service is recommended.

4. How does the property’s value compare to its neighbors?
With an assessed value of $514k, it sits above the street average but below the wider neighborhood average. This suggests it is a solid, mid-tier value property on a street with a mix of similar and higher-valued homes.

5. What are the benefits of a 2020 build year?
A 2020 construction means major systems (roof, HVAC, appliances) are relatively new and likely under warranty, minimizing near-term repair costs. It also indicates modern building codes and energy efficiency standards. Notably, this age ranks in the elite top 3% citywide, where the average home was built in 1966.

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