99 Dedrick Bay

Property Overview: 99 Dedrick Bay, Ridgewood South, Winnipeg

Key Characteristics & Appeal

This 1,686 sqft home, built in 2019, presents a compelling mix of modern convenience and relative value. Its primary appeal lies in its position as a newer, well-sized home within the city context, while offering a potential value proposition within its immediate neighborhood.

The home is notably modern compared to most of Winnipeg, ranking in the top 4% city-wide for its 2019 build year. It offers above-average living space compared to the typical Winnipeg home. The assessed value of $465k sits above the citywide average but is notably below the average for the Ridgewood South area, suggesting it may be priced more accessibly than many of its local peers. The lot size is more compact than others in the neighborhood, which translates to less yard maintenance.

This property would suit practical buyers seeking a relatively new build without a premium price tag. It’s ideal for those who prioritize modern systems and interior space over a large yard or top-tier street prestige. It represents a balanced option for young families or professionals looking for a move-in-ready home in a developed area, offering more house for the money compared to the city average, while being a competitively priced option within its own community.

Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The home’s assessed value is below the average for both its street and the wider Ridgewood South neighborhood. This could indicate a value opportunity, but it’s important to investigate the reasons through a viewing and professional advice.

2. Is the living space sufficient for a growing family?
At 1,686 sqft, the living area is above the Winnipeg average and comparable to many newer builds. It provides a functional amount of space, though it is slightly below the average for both the street and neighborhood, so families should consider their specific spatial needs.

3. What are the implications of the smaller lot size?
The land area is below the neighborhood average. This means less outdoor maintenance and potentially lower landscaping costs, but also limited space for expansions, large gardens, or extensive outdoor recreation.

4. How does the 2019 build year benefit a buyer?
A 2019 construction means modern building codes, newer major systems (like HVAC, plumbing, and electrical), and likely better energy efficiency than the majority of Winnipeg’s housing stock, which can reduce immediate repair costs and utility bills.

5. Where can I get verified historical price data for this property?
The site notes that exact sold price records are not displayed publicly due to industry rules. You can request the full transaction history and exact figures via email from the provider, who will manually look up and send the information.