Property Overview: 83 Dedrick Bay, Winnipeg
Key Characteristics & Appeal
This 2020-built home in Ridgewood South offers a compelling blend of modern convenience and generous outdoor space. Its 1,719 sqft living area is competitively sized, ranking around the average for its immediate street and neighborhood, but places it well above the typical Winnipeg home. The standout feature is the expansive 11,905 sqft lot, which is elite at every level—it’s more than double the average lot size on Dedrick Bay and ranks in the top 4% citywide. This presents a rare opportunity in a newer development for significant gardening, recreation, or future expansion.
The home’s assessed value of $514k is above the Winnipeg average, reflecting its newer construction and desirable lot, yet it remains in line with neighborhood norms. Its appeal lies in this balance: you acquire a contemporary home that requires less immediate upkeep, paired with a land parcel that is increasingly uncommon in newer subdivisions. It would suit buyers looking for a move-in ready, modern property who still prioritize substantial private outdoor space—ideal for families, hobbyists, or anyone valuing room to grow without venturing into older, potentially renovation-heavy areas.
Frequently Asked Questions
1. How does the lot size compare to typical properties in Winnipeg?
The lot is exceptionally large, placing it in the top 4% of all comparable properties in the city. At nearly 12,000 sqft, it is significantly larger than the Winnipeg average of about 6,570 sqft.
2. Is the living space considered large for the area?
The living area is fairly standard for the Ridgewood South neighborhood and Dedrick Bay street, aligning with the local averages. Its advantage is that it is a modern, above-average size home by broader Winnipeg standards, where many homes are older and smaller.
3. What is the history of sale prices for this home?
Public records indicate it last sold in June 2020 for a price between CA$450,000 and $500,000. For fully verified and exact historical transaction figures, a manual lookup through the site’s email request service is recommended.
4. How does the property’s value compare to its neighbors?
With an assessed value of $514k, it sits above the street average but below the wider neighborhood average. This suggests it is a solid, mid-tier value property on a street with a mix of similar and higher-valued homes.
5. What are the benefits of a 2020 build year?
A 2020 construction means major systems (roof, HVAC, appliances) are relatively new and likely under warranty, minimizing near-term repair costs. It also indicates modern building codes and energy efficiency standards. Notably, this age ranks in the elite top 3% citywide, where the average home was built in 1966.