136 Riel Avenue

Minnetonka, Winnipeg

Property score

67.0

Good

Overall 67.0 · Smaller than most nearby homes

1,006 sqft (bottom 21%) · Built in 1973 (2 yrs older than avg)

Located in a high-income area with median household income of ~106k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 dining spot, 1 school, 2 parks, and 1 bank/ATM nearby

Living Area

Below average

30% smaller than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 76%French · 6%

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

67.0 is composed by the two sections below.

Property Score

55.0Fair
Living Area1,006 sqft52Fair
Year Built197358Fair
Lot Size5,999 sqft74Good
Neighbourhood Sales Activity23Low

Community Score

85.0Excellent
Household Income87Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46111002

Community deep dive

$106K

Median household income

$113K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

17%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)449
Labour force participation rate60%
Median age46.0
Avg household size2.6
Unemployment rate4%
Population density2641 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households17%
Couple families with children34%
Median household income (2020)$106K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$372K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority13%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 76%
Mother tongue (2nd)French · 5%

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

Rankings

Living Area

below average
1,006 sqft
0255075100
Same streetBottom 22%Same areaBottom 21%CitywideBottom 27%
Same street · Riel Avenue
#116 / 149
Bottom 22% · Avg 1,202 sqft
Same area · Minnetonka
#1,191 / 1,515
Bottom 21% · Avg 1,439 sqft
Citywide · Winnipeg
#142,772 / 194,458
Bottom 27% · Avg 1,342 sqft

Tax-Assessed Value

around average
373k
0255075100
Same streetBottom 43%Same areaBottom 28%CitywideTop 46%
Same street · Riel Avenue
#85 / 149
Bottom 43% · Avg 386.8k
Same area · Minnetonka
#1,090 / 1,515
Bottom 28% · Avg 458.1k
Citywide · Winnipeg
#89,463 / 194,458
Top 46% · Avg 390.1k

Year Built

around average
1973
0255075100
Same streetTop 36%Same areaBottom 49%CitywideTop 43%

Lot Size

around average
5,999 sqft
0255075100
Same streetTop 46%Same areaBottom 32%CitywideTop 32%

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

136 Riel Avenue — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 466 m), 1 education (nearest 249 m), 2 parks (nearest 240 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks2
🏦Finance1

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 6/2017CA$250k–300k
Sold price

Same street

Bottom 8%

Same area

Bottom 5%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 136 Riel Avenue, Winnipeg

Property Overview

136 Riel Avenue is a 1,006 sqft bungalow built in 1973, situated on a 5,999 sqft lot in Winnipeg's Minnetonka neighbourhood. The home presents a practical entry point into the market, with an assessed value that is competitive within its immediate area. Its appeal lies in its manageability and its position as a relatively average property within its local context, offering stability rather than standout features.

Key Characteristics & Ideal Buyer
This is a home defined by its modesty and consistency. Its living space is notably compact compared to area averages, suggesting a efficient, low-maintenance layout suitable for individuals, couples, or small families. The lot size is generous for the home's footprint, providing valuable outdoor space that is larger than many city-wide comparators—a point of quiet advantage for gardening, recreation, or future expansion.

The property’s assessed value is squarely average for its street but sits below the average for the broader Minnetonka area. This indicates a potential value opportunity for a buyer prioritizing location within the neighbourhood while accepting a home that may require updates common for its era. It would best suit a first-time buyer, a downsizer, or a pragmatic investor looking for a straightforward property without extreme peaks or valleys in its metrics. Its history shows a sale between 2017-2025 in the $250k-$300k range, which performed very well against local and area averages at the time.


Frequently Asked Questions

1. How does the home's size truly compare to others?
At 1,006 sqft, the living area is below the average for Minnetonka (~1,439 sqft) and its own street (~1,202 sqft). This confirms it as a cozier, more efficient property, not a sprawling family home.

2. Is the assessed value a good indicator of market price?
The assessed value ($37.30k) is a municipal figure for tax purposes, not market value. Historically, the home sold for between $250k and $300k. The assessment is useful for comparing its tax base relative to neighbours.

3. What does the lot size ranking mean?
While the 5,999 sqft lot is around average for the street, it ranks in the top 32% city-wide. This means you get more outdoor space than most properties in Winnipeg, a significant perk.

4. What might "below average" living area mean for renovations?
The below-average square footage, paired with an above-average city-wide lot size, could suggest potential for a thoughtful addition or expansion, subject to zoning and permits.

5. How reliable is the past sale price information?
The provided sale price is a range from public data. For the exact historical sale price, you must request it directly via the email service offered, as the listing agent verifies this information manually.

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