Property score
85.4
Excellent
Overall 85.4 · Smaller but newer than most nearby homes
1,576 sqft (bottom 16%) · Built in 2021 (4 yrs newer than avg)
Located in a high-income area with median household income of ~139k
Transit 58.0 · 6-min walk to transit with 2 nearby routes
Living Area
Below average
16% smaller 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)
537
600.9k
$308/sqft
2017
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85.4 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 houses (non-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.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 45% | Bottom 29% | Top 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 83 Yellow Rail Crescent, Winnipeg
Key Characteristics & Appeal
This 2021-built home in Ridgewood South presents a compelling mix of modern living and relative value. At 1,576 sqft, its living space is notably above the Winnipeg city average, offering more room than most homes across the city, though it is on the smaller side for its immediate street and neighborhood. This positioning is key to its appeal: you are acquiring a newer, low-maintenance property in a community of generally larger, more expensive homes, but at an assessed value ($495k) that sits comfortably around the street average and significantly above the citywide benchmark.
The lot size (5,334 sqft) is generous for the street, providing good outdoor space in a newer subdivision. Its standout feature is its age; being built in 2021 places it in the top 2% of homes city-wide for newness, suggesting modern building standards, energy efficiency, and minimal immediate repair costs.
This property would suit first-time buyers or young families looking for a modern, move-in-ready home without the premium often attached to the largest houses in a desirable area. It also appeals to the value-conscious buyer who prioritizes newer construction and is comfortable with a efficient floor plan over maximum square footage. A less obvious perspective is its potential as a strategic entry point into a stable neighborhood—it offers the benefits of the community while leaving more room for future value appreciation compared to buying the biggest home on the block.
Frequently Asked Questions
1. Is this home fairly priced compared to its neighbors?
The assessed value of $495,000 is very close to the street average ($510k) and below the broader neighborhood average ($560k). This suggests it is competitively positioned, potentially offering value given its recent build year.
2. What are the trade-offs with the living space?
While above average for Winnipeg, the living area is below average for both Yellow Rail Crescent and Ridgewood South. This means you get a newer home, but likely with a more efficient or compact layout compared to older, larger houses nearby.
3. How reliable is the sold price data shown?
The listed sold price range (CA$450k-500k in 8/2021) is based on public data, not the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup from the site via email.
4. The home is newer, but what about the lot size?
The lot is above average for the street, which is positive. However, it is smaller than the typical lot in the wider Ridgewood South area. This is common for newer subdivisions and translates to less yard maintenance.
5. What does the "Elite" city-wide ranking for year built mean?
This indicates the home is newer than approximately 98% of comparable properties across all of Winnipeg. It highlights a major advantage in terms of modern construction, systems, and likely lower near-term maintenance costs.
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