Property score
77.5
Good
Overall 77.5 · Smaller than most nearby homes
1,198 sqft (bottom 2%) · 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
36% 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)
537
600.9k
$308/sqft
2017
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77.5 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
92 Dedrick Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 425 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 26% | Bottom 14% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 92 Dedrick Bay, Winnipeg
Key Characteristics & Buyer Appeal
This 2020-built home at 92 Dedrick Bay presents a compelling mix of modern convenience and relative value within Winnipeg. Its key characteristic is its newness; built in 2020, it ranks in the top 3% of homes city-wide for age, offering contemporary construction and likely lower immediate maintenance. With 1,198 sqft of living area, it is notably smaller than most homes on its street and in the Ridgewood South neighborhood, but sits close to the city-wide average. This positions it as a more efficient, manageable space.
The appeal lies in its value proposition. The home's assessed value of $477k is above average for Winnipeg, yet below the average for its own neighborhood. This suggests an opportunity to own a newer home in a well-established area at a potentially accessible entry point. The lot size is modest for the neighborhood, reducing yard upkeep, and the home’s recent sale history indicates strong value retention.
This property would suit first-time buyers or downsizers seeking a modern, low-maintenance home without sacrificing location. It’s also a practical choice for value-focused buyers who prioritize newer infrastructure and systems over square footage, and who see the benefit of being in a neighborhood of typically larger, older homes.
Frequently Asked Questions
1. Is the living space too small?
While the home is smaller than most on its street, its layout and modern design may use space efficiently. It depends on your needs; it's likely ideal for individuals, couples, or small families who prioritize newer amenities over expansive rooms.
2. How does the assessed value affect my property taxes?
Property taxes are based on the assessed value. Having an assessment above the city average but below the neighborhood average suggests you may be paying less in municipal taxes than many neighbors, while the city still views the property as a substantial asset.
3. What does the "Elite" ranking for year built mean?
This statistical ranking means very few homes in all of Winnipeg are newer. It’s a significant advantage, typically translating to modern building codes, energy efficiency, and warranties that may still be in effect, reducing near-term repair costs.
4. The lot is smaller than the neighborhood average. Is that a drawback?
This depends on lifestyle. A smaller lot means less yard work and lower landscaping costs, which can be a major perk for those seeking low maintenance. It may also mean less privacy or outdoor space than neighboring properties.
5. How reliable is the past sold price data shown?
The provided sold price range is based on publicly available data, not the MLS. For fully verified, exact transaction figures, you must request a manual lookup from the site, as industry rules prevent the display of official MLS records here.
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