59.3
Fair
Property score
59.3
Fair
Overall 59.3
Smaller and older than most nearby homes
1,037 sqft (bottom 24%)
Built in 1970 (5 yrs older than avg)
Located in a above-average income area
with median household income of ~66.5k
Transit 70.0
1-min walk to transit with 1 nearby route
Within 500m: 2 dining spots, 1 school, 2 parks, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
28% smaller than neighborhood avg.
Year Built
Below average
5 yrs older than neighborhood avg.
Mother tongue
English · 70%French · 7%
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
59.3 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: #46111003
$67K
Median household income
$77K
Average household income
25%
Low income (LIM-AT)
0.3
Income inequality (Gini)
5.4
P90 / P10 ratio
25%
Single-person households
23%
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
125 Riel Avenue — 6 amenities found within 500 m, across 4 categories, including 2 dining (nearest 426 m), 1 education (nearest 177 m), 2 parks (nearest 228 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 24% | Bottom 21% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 125 Riel Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 125 Riel Avenue in Minnetonka presents a practical opportunity centered on its generous lot. Built in 1970, the 1,037 sqft house offers a manageable footprint, while its 6,957 sqft land area stands out as notably larger than many city lots. The assessed value of $370k is positioned around the average for its immediate street but sits below the average for the broader Minnetonka area, suggesting a value proposition tied more to the land than to an oversized home.
The primary appeal lies in its above-average outdoor space for the city, offering room for gardening, expansion, or simply more privacy—a feature becoming increasingly rare. It suits a first-time buyer or downsizer who prioritizes yard space over extensive interior square footage, or an investor/renovator who sees potential in the land ratio. It’s a property for those comfortable with a home of average age and size for the neighbourhood, who recognize that the value may be rooted in the underlying land asset and future potential rather than in a recently updated or expansive interior.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
The living area of 1,037 sqft is below the average for both Riel Avenue and the Minnetonka area, indicating a more compact home compared to many neighbours.
2. Is the assessed value high for the area?
The $370k assessment is around average for Riel Avenue specifically but is below the average for the wider Minnetonka neighbourhood, which may indicate a valuation opportunity.
3. What is the standout feature of this property?
The land area is a key feature. At nearly 7,000 sqft, the lot ranks in the top 25% on its own street and top 17% city-wide, offering more outdoor space than many comparable properties.
4. When was it last sold and for how much?
Records indicate a sale between 2020-2025 for an estimated price between CA$300k and $350k. The exact sale price can be requested directly from the listing service.
5. What does the "below average" year built ranking mean?
Built in 1970, the home is slightly newer than the average on Riel Avenue but is considered older than most homes in the broader Minnetonka area, placing it in the top 81% (where a lower rank is newer). This suggests many area homes have been built more recently.
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.
