Property score
77.9
Good
Overall 77.9 · Smaller but newer than most nearby homes
1,196 sqft (bottom 2%) · 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
36% 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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77.9 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
91 Dedrick Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 410 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 | Bottom 20% | Bottom 10% | Top 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 91 Dedrick Bay, Winnipeg
Key Characteristics & Appeal
This 2021-built home in Ridgewood South presents a compelling mix of modern convenience and relative value. Its key characteristic is its position as a newer, more affordable entry within an established and desirable neighbourhood. At 1,196 sqft, the living space is notably smaller than most homes on its street and in Ridgewood South, but it is very close to the average size for Winnipeg as a whole. This suggests a efficient, likely low-maintenance layout ideal for smaller households.
The primary appeal lies in its modern age and its assessed value. As a home built just five years ago, it ranks in the top 2% city-wide for newness, offering contemporary building standards and minimal immediate repair concerns. Its assessed value of $428k is below the averages for both its street and neighbourhood, yet above the city-wide average. This positions it as a value-conscious option within a premium area—a chance to secure a modern home in Ridgewood South without the typical price tag. The lot size is consistent with area norms.
This property would suit first-time buyers or downsizers seeking a turn-key, newer home in a sought-after community without the footprint or cost of a larger estate. It’s also a practical choice for investors or buyers prioritizing modern infrastructure and location over sheer square footage, who see the smaller size as an opportunity for lower utility and upkeep costs.
Frequently Asked Questions
1. Is this home significantly smaller than its neighbours?
Yes. The living area is below average for both Dedrick Bay and the wider Ridgewood South neighbourhood. This is a key factor in its more accessible price point within this area.
2. What does the "Top 2%" city-wide ranking for year built mean?
It means this home is newer than approximately 98% of comparable properties across Winnipeg. This is a major advantage, suggesting modern construction, energy efficiency, and likely fewer near-term maintenance issues compared to the typical Winnipeg home.
3. Why is the assessed value below the neighbourhood average?
The below-average assessed value is closely tied to the home's smaller living area relative to others in Ridgewood South. The valuation reflects the property's modern condition but also its more compact size.
4. How reliable is the sold price data shown?
The site notes that sold price data is from public sources, not the MLS, and is presented as a range unless you request exact figures. For fully verified transaction history, you must contact the site directly for a manual lookup.
5. What are the less obvious trade-offs of a newer home in this setting?
While offering modern amenities, a 2021 build on a established street may have a smaller, more efficient yard compared to older lots. The architectural style and interior finishes may also differ from those of the original neighbourhood homes, which could be a consideration for some buyers.
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