103 Ramsgate Bay

South Tuxedo, Winnipeg

Property score

83.2

Excellent

Overall 83.2 · Smaller and older than most nearby homes

2,002 sqft (bottom 10%) · Built in 1981 (7 yrs older than avg)

Located in a above-average income area with median household income of ~70k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 4 parks nearby

Living Area

Below average

30% smaller than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 78%French · 1%

Past 10 years South Tuxedo sales snapshot (~80% of all data)

Sold Count

226

Median price

826k

$/sqft

$348/sqft

Avg build year

1988

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Property score

83.2 is composed by the two sections below.

Property Score

89.6Excellent
Living Area2,002 sqft94Excellent
Year Built198173Good
Lot Size9,746 sqft95Excellent
Neighbourhood Sales Activity87Excellent

Community Score

73.5Good
Household Income72Good
Education Level91Excellent
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health42Low

Neighbourhood Sales

South Tuxedo

How to read: Share of sales in each ~$50k price band for “south tuxedo” (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: #46110366

Community deep dive

$70K

Median household income

$79K

Average household income

10%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.7

P90 / P10 ratio

55%

Single-person households

4%

Families with children

Population, labour & age

Population (2021)842
Labour force participation rate44%
Median age66.0
Avg household size1.5
Unemployment rate9%
Population density5262 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households55%
Couple families with children4%
Median household income (2020)$70K

Housing

Renter households19%
Condominium dwellings93%
Median dwelling value (owners)$280K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority12%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 77%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
2,002 sqft
0255075100
Same streetBottom 9%Same areaBottom 10%CitywideTop 11%
Same street · Ramsgate Bay
#51 / 56
Bottom 9% · Avg 2,531 sqft
Same area · South Tuxedo
#705 / 787
Bottom 10% · Avg 2,840 sqft
Citywide · Winnipeg
#20,947 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

above average
606k
0255075100
Same streetBottom 18%Same areaBottom 7%CitywideTop 8%
Same street · Ramsgate Bay
#46 / 56
Bottom 18% · Avg 795k
Same area · South Tuxedo
#729 / 787
Bottom 7% · Avg 1.01M
Citywide · Winnipeg
#14,602 / 194,458
Top 8% · Avg 390.1k

Year Built

above average
1981
0255075100
Same streetTop 7%Same areaBottom 26%CitywideTop 33%

Lot Size

above average
9,746 sqft
0255075100
Same streetBottom 39%Same areaBottom 32%CitywideTop 7%

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

103 Ramsgate Bay — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 219 m).

Search radius
🌳Parks4

Crime & Safety

South Tuxedo · WPS public data · 2025

Annual incidents

58

2025

vs. city avg

+97%

relative to avg

Year-over-year

-22%

vs. prior year

Primary type

Property

83%

Sales History

Sold 12/2024CA$600k–650k
Sold price

Same street

Bottom 21%

Same area

Bottom 11%

City-wide

Top 5%

Related homes

Highlights & common questions: 103 Ramsgate Bay, Winnipeg

Property Overview & Key Characteristics

This one-storey home in South Tuxedo is defined by its generous, nearly 10,000 sqft lot, offering a rare balance of space and established location. Built in 1981, the 2,002 sqft living area ranks highly for size within its immediate street and the wider city. Its appeal lies in this substantial land footprint, which provides exceptional outdoor potential and privacy in a sought-after neighbourhood. The home presents as a solid foundation, featuring an attached garage and a basement that awaits finishing to the next owner's taste.

The property would suit buyers looking for a long-term family home where the value is anchored in the land itself, with the house offering functional space to be updated over time. It's ideal for those who envision adding personal touches, expanding outdoors, or who prioritize lot size over a recently renovated interior. The significant difference between the recent sale price and the assessed value suggests a market recognition of this potential.

Frequently Asked Questions

1. What does the lot size actually offer?
At nearly a quarter of an acre, the lot is significantly larger than many in Winnipeg. This allows for extensive gardening, recreational space, potential additions like a large deck or workshop, and ample room for children and pets, all with a greater sense of separation from neighbours.

2. The assessed value is much lower than the sale price. Why?
Municipal assessments for tax purposes often lag behind current market values, especially in desirable areas. The sale price reflects what buyers are currently willing to pay for the combination of location, lot size, and home in today's market.

3. What does "basement, not renovated" imply?
It indicates the basement is unfinished or in a basic, original state. This is a key project area, but it also means there are no questionable DIY renovations to undo. A buyer has a clean slate to create additional living space, a rental suite, or a dedicated recreational area.

4. How does this home compare to others in South Tuxedo?
The data shows it sits in a mid-range position for the neighbourhood in terms of size and assessed value. Its standout feature is the lot size, which is a top-tier asset. Compared to nearby references, it offers a more manageable single-level layout on a larger parcel than some older, multi-storey homes.

5. Is the 1981 build date a concern?
While not a new build, a home from this era often incorporates modern wiring and insulation standards that are an improvement over much older stock. The key will be the condition of major systems (roof, HVAC, windows), which would be expected to be at or nearing their replacement cycle, a standard consideration for any home of this age.

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