Property score
89.2
Excellent
Overall 89.2 · Larger and newer than most nearby homes
2,294 sqft (top 10%) · Built in 1992 (17 yrs newer than avg)
Located in a high-income area with median household income of ~146k
Transit 68.0 · 4-min walk to transit with 1 nearby route · Within 500m: 1 healthcare facility, and 3 parks nearby
Living Area
Above average
59% larger than neighborhood avg.
Year Built
Above average
17 yrs newer than neighborhood avg.
Mother tongue
English · 73%French · 5%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
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89.2 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: #46110999
$146K
Median household income
$218K
Average household income
6%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.4
P90 / P10 ratio
10%
Single-person households
36%
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
111 Ravine Drive — 4 amenities found within 500 m, across 2 categories, including 1 healthcare (nearest 240 m), 3 parks (nearest 141 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 | Bottom 39% | Top 10% | Top 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 111 Ravine Drive, Minnetonka
Section 1: Key Characteristics & Appeal
This well-situated home on Ravine Drive presents a compelling blend of space, modernity, and value within its broader context. Built in 1992, it offers a comfortable 2,294 square feet of living area, which is notably spacious compared to most Winnipeg homes, placing it in the top 5% city-wide. The lot size of 6,456 sqft provides ample outdoor space while remaining manageable.
The primary appeal lies in its strong positional value. While the home is fairly typical for its own street in terms of size and assessed value, it stands out significantly within the larger Minnetonka area and the entire city. It offers more interior space than approximately 95% of Winnipeg homes, and its assessed value is also above average for both the neighbourhood and city. This suggests you are acquiring a property that outperforms most of the market in key metrics, yet without the premium often associated with the absolute top tier of its immediate street. It would suit buyers looking for a generous, turn-key family home from a modern building era, who prioritize space and city-wide value over having the largest property on the block. A thoughtful perspective is that this home represents a "sweet spot"—it delivers elite space at a city level while maintaining a grounded, community-appropriate profile on its own street.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others in the area?
While its living space and value are around average for Ravine Drive itself, it ranks in the top 10% for size and the top 12% for assessed value within the broader Minnetonka area. City-wide, its space is in the elite top 5%.
2. What is the likely property tax based on the assessed value?
The assessed value is $59,300. Property tax would be calculated by multiplying this value by the annual municipal mill rate. You can estimate taxes by applying the current Winnipeg mill rate to this figure.
3. The home sold in 2019. What was the exact sale price?
The public data shows a sale price range of CA$550,000–$600,000 for the 2019 transaction. The listing service notes that the exact sold price can be provided upon request via email.
4. Is the lot size a disadvantage?
The lot is below the street average but is close to the area average and is actually above the city-wide average. It provides a generous, standard yard. It may be a consideration if you desire the largest lot on the street, but it is not a small property by any common measure.
5. What does the year built (1992) mean for maintenance?
A home from this era typically benefits from modern construction standards and wiring, while likely being at the stage where original components (like roofing, major appliances, or windows) may need evaluation or planned updates, which is a normal consideration for any home over 30 years old.
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