87 Yellow Rail Crescent

Ridgewood South, Winnipeg

Property score

88.5

Excellent

Overall 88.5 · Compared with neighbourhood average

1,866 sqft (top 46%) · Built in 2020 (3 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

Near average

0% 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

88.5 is composed by the two sections below.

Property Score

87.1Excellent
Living Area1,866 sqft89Excellent
Year Built202097Excellent
Lot Size5,437 sqft67Good
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
1,866 sqft
0255075100
Same streetTop 43%Same areaTop 46%CitywideTop 15%
Same street · Yellow Rail Crescent
#25 / 58
Top 43% · Avg 1,823 sqft
Same area · Ridgewood South
#364 / 783
Top 46% · Avg 1,872 sqft
Citywide · Winnipeg
#28,626 / 194,458
Top 15% · Avg 1,342 sqft

Tax-Assessed Value

above average
536k
0255075100
Same streetTop 24%Same areaTop 46%CitywideTop 14%
Same street · Yellow Rail Crescent
#14 / 58
Top 24% · Avg 510.2k
Same area · Ridgewood South
#359 / 783
Top 46% · Avg 560.2k
Citywide · Winnipeg
#28,142 / 194,458
Top 14% · Avg 390.1k

Year Built

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

Lot Size

above average
5,437 sqft
0255075100
Same streetTop 22%Same areaBottom 49%CitywideTop 45%

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

Search radius
No data within 500 m.

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 10/2020CA$500k–550k
Sold price

Same street

Top 17%

Same area

Top 49%

City-wide

Top 13%

Related homes

Highlights & common questions: 87 Yellow Rail Crescent, Winnipeg

Property Overview: 87 Yellow Rail Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This 2020-built home in Ridgewood South offers a modern, move-in-ready foundation with a practical 1,866 sqft layout. Its primary appeal lies in its strong position relative to the broader Winnipeg market. While it is a fairly typical home for its immediate street and neighborhood in terms of size and value, it stands out significantly city-wide. The living area is well above the Winnipeg average, and its assessed value ranks within the top 15% citywide, suggesting a premium property on a broader scale. The lot size is generous for the street, providing above-average outdoor space in this newer subdivision.

The home would best suit buyers looking for a modern, low-maintenance property without the uncertainties of an older build, and who value a strong citywide investment profile. It’s ideal for those who want space and contemporary amenities but prefer the established feel of a developed street rather than a brand-new construction site. A thoughtful perspective is that this property offers the benefits of a newer home (modern systems, layout, and minimal immediate repairs) while likely having passed the initial settling period, potentially avoiding some of the minor issues that can appear in the first few years of a new build.

Section 2: Frequently Asked Questions

1. How does this home truly compare to others in the area?
While its size and assessed value are around the neighborhood average, it ranks above average on its specific street for both lot size and assessed value. Compared to all of Winnipeg, however, it ranks highly, indicating it is a larger and more valuable property than most in the city.

2. What is the likely selling price based on the data?
The home last sold in late 2020 for between $500,000 and $550,000. Its current assessed value is $536,000, which is above the street average. A precise current market value would require a professional appraisal, but the data suggests it holds value strongly against local and city benchmarks.

3. Are there any potential concerns with a 2020 build?
A home built in 2020 is still very modern, with contemporary building codes and systems. The minor advantage over a brand-new home is that any initial construction-related settling or warranty items have likely already surfaced and been addressed. It’s always wise to have a thorough inspection.

4. Is the lot size typical for the neighborhood?
At 5,437 sqft, the lot is above average for Yellow Rail Crescent. However, it is slightly smaller than the average lot for the wider Ridgewood South area, which includes older sections with larger properties.

5. How can I verify the exact historical sale price?
The public data shows a sold price range. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as they do not display MLS sold records due to industry rules. They state this service is provided without using your email for marketing.

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