Property score
89.4
Excellent
Overall 89.4 · Newer than most nearby homes
1,722 sqft (bottom 36%) · 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
Below average
8% 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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89.4 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
87 Dedrick Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 393 m).
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 14% | Bottom 48% | Top 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 87 Dedrick Bay, Winnipeg
Key Characteristics & Appeal
This 2021-built home in Ridgewood South offers a modern, move-in-ready foundation with a practical 1,722 sqft layout. Its primary appeal lies in its strong positional value within the broader Winnipeg market. While the home's size is typical for its immediate street and neighborhood, it stands out significantly city-wide, ranking in the top 20% for living area. The lot size of 6,890 sqft is notably above average for Dedrick Bay, offering more outdoor space than most direct neighbors. With an assessed value of $534k, it sits well above the street average, indicating a premium property on its block, and ranks in the top 15% city-wide for value.
This property would suit buyers seeking a relatively new construction home who value a larger lot in a developing area. It’s ideal for those who prioritize modern building standards and low initial maintenance, while also making a calculated investment in a home that holds above-average value metrics both locally and across Winnipeg. A thoughtful perspective is that this home represents a "best-in-block" opportunity—it commands a higher value than most on its street, suggesting desirable features or condition, yet remains competitively positioned within the wider city landscape.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
Based on available data, the home last sold between $500k-$550k in late 2021. Its current assessed value of $534k places it in the top 17% (7th highest) of 42 homes on Dedrick Bay, against a street average of $492.4k.
2. Is the lot size a significant feature?
Yes. The 6,890 sqft lot ranks 6th largest out of 42 on the street, where the average is 5,540 sqft. This provides more private outdoor space than is typical for the immediate area.
3. How does the living space compare to other Winnipeg homes?
The 1,722 sqft is above the Winnipeg average of 1,342 sqft for comparable homes, placing it in the top 20% city-wide. On its own street and in Ridgewood South, however, it is very close to the average size.
4. What does the "Elite" city-wide ranking for year built mean?
Built in 2021, this home is newer than 98% of comparable homes across Winnipeg, placing it in the top 2%. This suggests far lower concerns for major aging components (like roof, furnace, windows) compared to the typical city home.
5. How can I verify the exact historical sale price?
The public data shows a sold price range. To obtain the exact sale figure and a fully verified transaction history, you must request a manual lookup from the site via email, as this information is not sourced from the MLS.
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