95 Dedrick Bay

Ridgewood South, Winnipeg

Property score

87.9

Excellent

Overall 87.9 · Compared with neighbourhood average

1,871 sqft (top 44%) · Built in 2020 (3 yrs newer than avg)

Located in a high-income area with median household income of ~139k

Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

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

87.9 is composed by the two sections below.

Property Score

86.1Excellent
Living Area1,871 sqft89Excellent
Year Built202097Excellent
Lot Size4,570 sqft60Fair
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
1,871 sqft
0255075100
Same streetTop 29%Same areaTop 44%CitywideTop 15%
Same street · Dedrick Bay
#12 / 42
Top 29% · Avg 1,777 sqft
Same area · Ridgewood South
#348 / 783
Top 44% · Avg 1,872 sqft
Citywide · Winnipeg
#28,216 / 194,458
Top 15% · Avg 1,342 sqft

Tax-Assessed Value

above average
548k
0255075100
Same streetTop 10%Same areaTop 42%CitywideTop 13%
Same street · Dedrick Bay
#4 / 42
Top 10% · Avg 492.4k
Same area · Ridgewood South
#328 / 783
Top 42% · Avg 560.2k
Citywide · Winnipeg
#25,162 / 194,458
Top 13% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetBottom 33%Same areaTop 39%CitywideTop 3%

Lot Size

around average
4,570 sqft
0255075100
Same streetBottom 26%Same areaBottom 22%CitywideBottom 35%

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

95 Dedrick Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 409 m).

Search radius
🌳Parks2

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 9/2020CA$400k–450k
Sold price

Same street

Bottom 37%

Same area

Bottom 17%

City-wide

Top 27%

Related homes

Highlights & common questions: 95 Dedrick Bay, Winnipeg

Property Overview: 95 Dedrick Bay, Winnipeg

Key Characteristics & Buyer Appeal

This 2020-built home in Ridgewood South offers a modern, low-maintenance foundation in a newer neighbourhood. Its primary appeal lies in its efficient and above-average living space (1,871 sq ft) relative to both its immediate street and the wider Winnipeg market, where it ranks in the top 15% for size. The assessed value of $548k is notably strong for the street (top 10%), suggesting a premium finish or positioning within this specific locale. A thoughtful perspective is that this home represents a "sweet spot" – it's newer than 97% of city homes, offering modern systems and minimal immediate repair concerns, yet it's not the newest on its block, which may provide a slight value advantage over brand-new constructions.

The lot size (4,570 sq ft) is smaller than most in Ridgewood South, which translates to less yard upkeep—a plus for busy professionals or those seeking a lock-and-leave lifestyle. This property would best suit buyers prioritizing a modern, move-in-ready home with generous interior space over a large private yard. It’s ideal for growing families or professionals who want the benefits of a newer build without venturing to the city's outer edges, and for those who see value in a home that already has a strong assessed value footing on its street.

Frequently Asked Questions

1. How does the lot size impact the property?
While the land area is below the neighbourhood average, it means less maintenance and lower landscaping costs. The trade-off is a smaller private outdoor space, but the home compensates with above-average interior square footage.

2. The assessed value seems high for the street. Why?
At $548k, it ranks 4th highest out of 42 on Dedrick Bay. This premium could be due to superior finishes, a favourable lot location, or upgrades made since its 2020 construction. It's a sign the property is likely among the street's most refined.

3. What does the sale history indicate?
It last sold in September 2020 for an estimated $400k-$450k. The significant increase to its current $548k assessment reflects broader market appreciation and the added value of a now-established, no-longer-brand-new home.

4. Is this a good value for the Ridgewood South area?
The home's assessed value is actually slightly below the neighbourhood average ($560.2k), while its living area is on par. This suggests you may get more interior space for your dollar here compared to other homes in Ridgewood South.

5. How can I verify the exact past sale price?
The site provides estimated price bands. For the precise sale figure and full history, you must request a manual lookup via email, as this data is not sourced from the MLS system.

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