Property Overview: 96 Dedrick Bay, Winnipeg
Key Characteristics & Appeal
This 2021-built home in Ridgewood South offers modern living in a well-established neighborhood context. With 1,856 sqft of living space, it sits comfortably above the Winnipeg citywide average, providing more room than most homes across the city, while being typical for its immediate street and area. Its assessed value of $505k follows a similar pattern—above the city average but aligned with Dedrick Bay. The lot size of 4,710 sqft is manageable and requires less upkeep than larger plots in the area.
The primary appeal lies in its balance and modernity. It’s a relatively new construction (ranking in the top 2% citywide for year built), which suggests contemporary building standards, energy efficiency, and minimal immediate repair needs. It suits buyers seeking a move-in ready home who want to avoid the surprises and projects often associated with older properties. It would particularly fit young families or professionals looking for a modern, low-maintenance home in a neighborhood of similar, well-kept properties. A thoughtful perspective is that while the home is newer, it’s on a street where the average home was also built in 2021, meaning the area has a settled, cohesive feel rather than being an isolated new build in an older district.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
Based on available data, the last recorded sale on Dedrick Bay was in June 2021, in the $450k-$500k range. The current assessed value of $505k is slightly above that range but is very close to the street’s current average assessed value of $492.4k.
2. Is the lot size a constraint?
The lot is smaller than both the street and neighborhood averages. This means lower maintenance for yards and landscaping, but may limit expansion possibilities or the desire for extensive outdoor space. It is, however, close to the average lot size citywide.
3. What does the "Elite" citywide ranking for year built mean?
This indicates the home is newer than approximately 98% of comparable properties across all of Winnipeg. This is a significant advantage in terms of modern amenities, building codes, and likely systems (like HVAC, wiring, and insulation).
4. Why is the assessed value above the city average but below the neighborhood average?
This reflects the specific character of Ridgewood South, which contains a mix of property values. This home sits in a more moderately priced segment of the neighborhood, offering value relative to the area while still being a premium asset compared to the broader Winnipeg market.
5. How can I verify the exact historical sale price?
The platform provides sold price ranges based on public data. To obtain fully verified and exact transaction figures, you must request a manual lookup via email, as MLS sold records are not displayed on the site due to industry regulations.