Property score
69.9
Good
Overall 69.9 · Compared with neighbourhood average
1,130 sqft (bottom 40%) · 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 school, and 3 parks nearby
Living Area
Near average
21% 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)
457
410k
$369/sqft
1975
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69.9 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
172 Riel Avenue — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 366 m), 3 parks (nearest 252 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 | Top 20% | Top 35% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 172 Riel Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 172 Riel Avenue presents as a solid, average-sized property within its Minnetonka neighbourhood. Built in 1973, it offers 1,130 sqft of living space on a 5,760 sqft lot, with dimensions that are consistently around the median when compared to its immediate street, local area, and the wider city. Its assessed value of $38,800 aligns closely with homes on Riel Avenue, though it sits below the average for both the Minnetonka area and Winnipeg overall. A notable data point is its sale in the 2021-2025 period for an estimated $400k-$450k, which performed well against local and city-wide benchmarks at the time.
The appeal here is one of consistency and neighbourhood integration. This isn't an outlier property; it's a representative home in a mature community. It would suit a pragmatic buyer—perhaps a first-time homeowner or downsizer—who values a stable, established area over a flashy or oversized lot. The data suggests a property that has held its relative position without dramatic swings, indicating a predictable investment in a known quantity. A thoughtful perspective is that its "average" metrics across the board could mean fewer surprises and a smoother appraisal process compared to more unique or irregular properties.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely market price?
The assessed value ($38,800) is for municipal tax purposes and is typically much lower than market value. The prior sale estimate of $400k-$450k from 2021 is a more relevant, though historical, indicator of its market price.
2. Is the lot size a disadvantage?
The lot is below average for the Minnetonka area but is close to the city-wide average. It may offer lower maintenance than larger lots in the neighbourhood, which could be a benefit for some buyers.
3. What does the "around average" ranking for most features mean?
It indicates this home is very typical for its street and area in terms of size, age, and official value. This can be positive for resale, as it appeals to the common expectations for the neighbourhood.
4. How can I find out the exact past sale price?
The exact sold price is not publicly displayed. You can request it by email via the button on the property page; the service provides the accurate figure manually at no cost and without marketing spam.
5. The home is over 50 years old. What should I consider?
Built in 1973, it falls within a common age range for Winnipeg. A key consideration is not just the age, but the maintenance and updates made over time, which would be clarified through a professional home inspection.
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