115 Minnetonka Street

Minnetonka, Winnipeg

Property score

54.0

Fair

Overall 54.0 · Smaller and older than most nearby homes

720 sqft (bottom 2%) · Built in 1947 (28 yrs older than avg)

Located in a high-income area with median household income of ~102k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 2 schools, and 6 parks nearby

Living Area

Below average

50% smaller than neighborhood avg.

Year Built

Below average

28 yrs older than neighborhood avg.

Mother tongue

English · 83%French · 2%

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

54.0 is composed by the two sections below.

Property Score

34.6Low
Living Area720 sqft22Low
Year Built194730Low
Lot Size9,118 sqft95Excellent
Neighbourhood Sales Activity23Low

Community Score

83.2Excellent
Household Income85Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46111000

Community deep dive

$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

Population, labour & age

Population (2021)412
Labour force participation rate66%
Median age44.0
Avg household size2.6
Unemployment rate12%
Population density1716 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households21%
Couple families with children28%
Median household income (2020)$102K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)8%
Visible minority4%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 83%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

below average
720 sqft
0255075100
Same streetBottom 2%Same areaBottom 2%CitywideBottom 5%
Same street · Minnetonka Street
#41 / 42
Bottom 2% · Avg 1,177 sqft
Same area · Minnetonka
#1,481 / 1,515
Bottom 2% · Avg 1,439 sqft
Citywide · Winnipeg
#184,672 / 194,458
Bottom 5% · Avg 1,342 sqft

Tax-Assessed Value

around average
326k
0255075100
Same streetBottom 10%Same areaBottom 4%CitywideBottom 38%
Same street · Minnetonka Street
#38 / 42
Bottom 10% · Avg 386.7k
Same area · Minnetonka
#1,448 / 1,515
Bottom 4% · Avg 458.1k
Citywide · Winnipeg
#121,390 / 194,458
Bottom 38% · Avg 390.1k

Year Built

below average
1947
0255075100
Same streetBottom 7%Same areaBottom 7%CitywideBottom 24%

Lot Size

above average
9,118 sqft
0255075100
Same streetTop 14%Same areaTop 24%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

115 Minnetonka Street — 8 amenities found within 500 m, across 2 categories, including 2 education (nearest 322 m), 6 parks (nearest 277 m).

Search radius
🏫Education2
🌳Parks6

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

115 Minnetonka Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 115 Minnetonka Street, Winnipeg

Property Overview: 115 Minnetonka Street, Winnipeg

Key Characteristics & Appeal

This property presents a distinct profile defined by its generous land size and modest improvements. The standout feature is the 9,118 sqft lot, which is significantly larger than most homes on its street, in the Minnetonka area, and across Winnipeg. This offers rare potential for expansion, gardening, or outdoor space in an urban setting. The home itself is a 720 sqft bungalow built in 1947, making it notably smaller and older than surrounding properties. Its assessed value is relatively low compared to immediate neighbors, but aligns more closely with the city-wide average for homes of its type.

The primary appeal lies in its land value and the opportunity it represents. It is best suited for a specific buyer: someone looking for a footprint to build or substantially renovate, an investor interested in the long-term value of a large lot, or a minimalist buyer seeking an affordable entry into homeownership with low property taxes. It is not suited for those seeking a move-in-ready, spacious family home without a major renovation plan.

Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average listed?
The city-wide average of $390k includes all home types and sizes. This home’s assessed value of $32.60k is compared to a specific group of "comparable homes" city-wide, where its value is around average. The key takeaway is that the assessment reflects the current, modest state of the 720 sqft structure.

2. What can I do with such a large lot?
Beyond a spacious yard, a lot of this size may allow for future additions, a garage or workshop, or even subdivision, subject to City of Winnipeg zoning and bylaws. It’s the property’s main asset.

3. How does the age of the home (1947) affect things?
While it adds character, it likely means older mechanical systems (plumbing, electrical, roof) that may need updating or have already been replaced. A thorough inspection is essential to understand the condition and any potential heritage considerations.

4. The page mentions no sales history is shown. How can I find out what it’s worth?
You can request the exact sold price history via the email link provided. This service is manual, so they aim to reply by the end of the same day with accurate historical data not shown publicly.

5. Is this a good investment?
Its investment potential is highly dependent on your strategy. As a rental in its current state, it may offer limited income. Its value is more likely tied to the land’s future development potential or as a hold for long-term appreciation, rather than short-term cash flow.

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