Property Overview: 79 Dedrick Bay, Winnipeg
Key Characteristics & Buyer Appeal
This 2020-built home in Ridgewood South presents a compelling blend of modern construction and above-average space. Its primary appeal lies in its generous proportions relative to its surroundings. With 2,104 sqft of living area, it ranks in the top 10% on its own street and top 8% city-wide, offering more interior room than most Winnipeg homes. This is complemented by a notably large lot of over 9,200 sqft, placing it in the top 10% on Dedrick Bay, which allows for ample private outdoor space and future potential.
The home’s assessed value of $535k sits above average for its street and city, but interestingly, falls slightly below the neighborhood average, suggesting a value position within the desirable Ridgewood South area. Its modern age (2020) means major components are under warranty and built to recent codes, a significant advantage compared to Winnipeg’s predominantly older housing stock.
This property would suit buyers seeking a move-in ready, modern home without sacrificing yard size. It’s ideal for growing families who need both indoor living space and outdoor room to play, or for those who appreciate a newer build’s efficiency and low maintenance but want to avoid a tightly packed subdivision lot. The data suggests it offers a "best of both worlds" scenario: a contemporary home on a plot of land that feels established and spacious.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
Public records indicate a home on Dedrick Bay sold in July 2020 for between $450,000 and $500,000. The current assessed value of $535k for 79 Dedrick Bay is above that range, reflecting market changes, the home’s specific attributes, and its above-average living and land area.
2. What are the likely property taxes?
Based on the $535,000 assessed value, property taxes can be estimated by applying Winnipeg’s current mill rate. For a precise calculation, it’s recommended to use the City of Winnipeg’s online tax estimator tool with this exact assessment.
3. Is the sold price data shown here from the MLS?
No. The sold price data provided is gathered from publicly available sources and is not sourced from the MLS® System. For fully verified and exact historical transaction figures, a manual lookup through a licensed real estate professional is required.
4. What does it mean that the year built is "around average" for the street but "elite" city-wide?
Dedrick Bay is a relatively new street, with an average build year of 2021. So, while this 2020 home is typical for its immediate block, it is significantly newer than the average Winnipeg home (built circa 1966), placing it in the top 3% city-wide for age.
5. Why is the assessed value above average for the city but below average for the Ridgewood South neighborhood?
This indicates that Ridgewood South is a neighborhood with higher-than-average home values overall. This property’s assessment, while strong on a city scale, sits in a moderate position within its own affluent area, which could be seen as an opportunity to enter a desirable neighborhood.