114 Riverhaven Grove

Minnetonka, Winnipeg

Property score

92.7

Excellent

Overall 92.7 · Larger and newer than most nearby homes

2,532 sqft (top 6%) · Built in 2005 (30 yrs newer than avg)

Located in a high-income area with median household income of ~180k

Transit 68.0 · 4-min walk to transit with 1 nearby route · Within 500m: 1 dining spot, 1 healthcare facility, and 3 parks nearby

Living Area

Above average

76% larger than neighborhood avg.

Year Built

Above average

30 yrs newer than neighborhood avg.

Mother tongue

English · 79%Chinese · 4%

Past 10 years Minnetonka sales snapshot (~80% of all data)

Sold Count

457

Median price

410k

$/sqft

$369/sqft

Avg build year

1975

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Property score

92.7 is composed by the two sections below.

Property Score

91.6Excellent
Living Area2,532 sqft98Excellent
Year Built200587Excellent
Lot Size9,312 sqft95Excellent
Neighbourhood Sales Activity23Low

Community Score

94.4Excellent
Household Income97Excellent
Education Level100Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110998

Community deep dive

$180K

Median household income

$220K

Average household income

7%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.8

P90 / P10 ratio

11%

Single-person households

42%

Families with children

Population, labour & age

Population (2021)616
Labour force participation rate69%
Median age58.0
Avg household size2.8
Unemployment rate7%
Population density1579 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households11%
Couple families with children42%
Median household income (2020)$180K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$695K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority15%
Bachelor's or higher (25–64)75%
Mother tongue (1st)English · 79%
Mother tongue (2nd)Chinese · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,532 sqft
0255075100
Same streetTop 44%Same areaTop 6%CitywideTop 3%
Same street · Riverhaven Grove
#11 / 25
Top 44% · Avg 2,444 sqft
Same area · Minnetonka
#98 / 1,515
Top 6% · Avg 1,439 sqft
Citywide · Winnipeg
#5,198 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
816k
0255075100
Same streetBottom 48%Same areaTop 3%CitywideTop 2%
Same street · Riverhaven Grove
#13 / 25
Bottom 48% · Avg 906.3k
Same area · Minnetonka
#52 / 1,515
Top 3% · Avg 458.1k
Citywide · Winnipeg
#4,096 / 194,458
Top 2% · Avg 390.1k

Year Built

Elite
2005
0255075100
Same streetTop 28%Same areaTop 3%CitywideTop 15%

Lot Size

above average
9,312 sqft
0255075100
Same streetTop 40%Same areaTop 23%CitywideTop 8%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

114 Riverhaven Grove — 5 amenities found within 500 m, across 3 categories, including 1 dining (nearest 478 m), 1 healthcare (nearest 206 m), 3 parks (nearest 48 m).

Search radius
🍽️Dining1
🏥Healthcare1
🌳Parks3

Crime & Safety

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%

Sales History

Sold 8/2017CA$600k–650k
Sold price

Same street

Bottom 18%

Same area

Top 8%

City-wide

Top 6%

Related homes

Highlights & common questions: 114 Riverhaven Grove, Winnipeg

Property Overview: 114 Riverhaven Grove, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 114 Riverhaven Grove presents a compelling blend of space, modernity, and location. Built in 2005, it offers a contemporary layout without the concerns of an aging structure. With over 2,500 square feet of living area, the home provides ample room for families, ranking within the top 6% of its local Minnetonka area and the top 3% city-wide for size. The nearly 9,300 sqft lot offers generous outdoor space, significantly larger than the typical Winnipeg property.

The primary appeal lies in its established, high-value setting. While its assessed value is around average for its own street, it ranks in the elite top 3% within Minnetonka, indicating it sits in a desirable pocket of the neighborhood. This suggests you’re buying into a mature, well-regarded area rather than a speculative one. The home suits buyers looking for a move-in ready, spacious family home in a settled community, who prioritize above-average interior space and a large yard over having the newest house on the block. A thoughtful perspective is that its "average" standing on its own street for value and size means it fits seamlessly into the area without being an outlier, potentially offering a balanced investment without the premium price of the street's largest properties.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to what it last sold for?
The property sold in 2017 for an estimated $600k-$650k. Its current assessed value is notably different, which is common as assessments for tax purposes don't always equal market value. For an exact sale price history, you can request the information via email from the listing source.

2. Is the home in a newer or older part of Minnetonka?
The 2005 build date is newer than most homes in Winnipeg, but on Riverhaven Grove it ranks above average (top 28%), meaning the street consists of a mix of ages, with several homes built more recently than 2005.

3. What does the "Elite" ranking for assessed value in the area mean?
It means this home’s assessed value is in the top 3% of all 1,515 properties in Minnetonka. This typically reflects a combination of its size, lot, condition, and the perceived desirability of its specific location within the broader area.

4. How does the lot size compare?
At 9,312 sqft, the lot is above average for both the city and the Minnetonka area, offering substantial outdoor space. On its own street, it’s around the middle of the pack, indicating the street is consistently comprised of homes with large lots.

5. Where can I see more context about the immediate neighborhood?
A dedicated neighborhood analysis page is available to view this property on a map alongside nearby homes, allowing for direct comparison of year built, living area, assessed value, and lot size with its closest neighbors.

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.