Property score
85.2
Excellent
Overall 85.2 · Larger and newer than most nearby homes
2,324 sqft (top 9%) · Built in 1981 (6 yrs newer than avg)
Located in a high-income area with median household income of ~102k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 2 schools, and 6 parks nearby
Living Area
Above average
62% larger than neighborhood avg.
Year Built
Above average
6 yrs newer than neighborhood avg.
Mother tongue
English · 83%French · 2%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
85.2 is composed by the two sections below.
Property Score
Community Score
Minnetonka
How to read: Share of sales in each ~$50k price band for “minnetonka” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111000
$102K
Median household income
$115K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
21%
Single-person households
28%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
11 Areisa Bay — 8 amenities found within 500 m, across 2 categories, including 2 education (nearest 319 m), 6 parks (nearest 253 m).
Minnetonka · WPS public data · 2026
Annual incidents
16
2026
vs. city avg
-46%
relative to avg
Year-over-year
▼ -87%
vs. prior year
Primary type
Property
75%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 40% | Top 17% | Top 15% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 20% | Top 33% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 11 Areisa Bay, Minnetonka
Key Characteristics & Appeal
This home at 11 Areisa Bay presents a compelling blend of space, established location, and relative value. Built in 1981, it is a well-situated property in its mature Minnetonka neighbourhood. Its primary appeal lies in its generous proportions: with 2,324 sqft of living area, it ranks within the top 9% of homes in its local area and the top 5% city-wide for size, offering significantly more space than the average Winnipeg home. The lot is also substantial at 7,251 sqft, providing ample outdoor space and ranking above average across the city.
The data suggests a property that is a strong performer within its broader context rather than just its immediate street. While its assessed value is around the average for Areisa Bay itself, it stands as above average for both the Minnetonka area and Winnipeg overall. This indicates you are acquiring a home that offers more space and value relative to the wider market. Recent sale history shows steady appreciation.
This home would ideally suit buyers looking for established neighbourhood character who prioritize interior space and a larger lot over a brand-new build. It’s a practical choice for growing families or those who value room to grow, and for value-conscious buyers who recognize that its metrics are stronger the wider the comparison net is cast.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
While its assessed value is mid-range on its own street, it is above average for the larger Minnetonka area and the city. This suggests the property may offer more value or space for the price compared to many other homes in Winnipeg.
2. Is the 1981 build date a concern?
The home is of a similar age to many in the area and is actually newer than the average Winnipeg home. As with any house of this vintage, a thorough inspection is recommended to understand the condition of major systems like roof, windows, and plumbing, which may be due for updates or maintenance.
3. What does the sold price history indicate?
The home sold between $500k-$550k in 2023 and $400k-$450k in 2016. This history shows clear appreciation. For the exact sold prices, you can request the information via email from the listing service.
4. How usable is the 7,251 sqft lot?
The lot size is above average city-wide, offering good potential for gardening, recreation, or expansion. It’s worth noting that the lot is slightly smaller than the average for the Minnetonka area, so it’s advisable to review the specific layout and bylaws.
5. Where can I see more detailed context about the neighbourhood?
You can open the dedicated neighbourhood analysis page linked in the listing to view this property on a map alongside nearby homes, comparing details like year built, living area, and lot size directly.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
