Property score
57.8
Fair
Overall 57.8 · Smaller and older than most nearby homes
846 sqft (bottom 7%) · Built in 1970 (5 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 school, and 3 parks nearby
Living Area
Below average
41% smaller than neighborhood avg.
Year Built
Below average
5 yrs older than neighborhood avg.
Mother tongue
English · 76%French · 6%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
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57.8 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: #46111002
$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
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
150 Riel Avenue — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 307 m), 3 parks (nearest 236 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 46% | Bottom 45% | Top 44% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 20% | Bottom 15% | Bottom 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
150 Riel Avenue is a modest, single-family home in Winnipeg's Minnetonka neighbourhood. Built in 1970, it sits on a 4,999 sqft lot and offers 846 sqft of living space. Its key appeal lies in its affordability and efficient scale, presenting a clear value proposition within its immediate area. The home’s assessed value is consistent with others on its street, but it stands out for having a significantly smaller footprint and lot size compared to most neighbours. This creates a specific dynamic: you are purchasing a competitively priced entry point into a settled area where the typical home is larger.
Key Characteristics & Ideal Buyer
The home’s most defining characteristic is its compact size. With living area and lot size ranking in the bottom 10% locally, it is notably smaller than area averages. This isn’t necessarily a drawback—it translates to lower maintenance, both indoors and outdoors, and a correspondingly efficient use of space. Its assessed value is unexceptional for the street, suggesting the price reflects the land and location more than the structure itself.
The appeal here is grounded and practical. It suits a first-time buyer, an investor, or someone looking to downsize without leaving the neighbourhood. It represents a chance to own a detached home in Winnipeg without a premium price tag, ideal for those who prioritize financial accessibility over square footage. A thoughtful perspective is that this property could be a strategic “foot in the door” for the area, with potential to be updated or expanded over time, given the established character of the surrounding homes.
Frequently Asked Questions
1. Why is the living area so much smaller than neighbouring homes?
This home was built with a more compact, efficient layout compared to many others on the street and in Minnetonka. This is a key factor in its pricing and lower maintenance profile.
2. How stable has the property's value been?
Based on available data, the home sold in the CA$350k–400k range in 2021 and the CA$250k–300k range in 2016. Its current assessed value of $37.9k is very close to the street average, indicating stable value within its immediate context.
3. Is the lot size a limitation?
At just under 5,000 sqft, the yard is smaller than most in Minnetonka. This means less outdoor upkeep but also less private space. It is, however, close to the city-wide average for lot size.
4. What does the "rank" and "top" percentage data mean?
These figures show how this property compares to similar homes. For example, a "Top 98%" rank for living area means 98% of comparable homes are larger—it’s in the bottom 2% for size locally. This data helps contextualize its specs against the market.
5. How can I find out the exact historical sold prices?
The exact sold prices are not published publicly. You can request them directly via the provided email form on the listing page. The service is manual, with a promised reply by the end of the same business day, and your email is not used for marketing spam.
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