18 Ravine Drive

Minnetonka, Winnipeg

Property score

89.9

Excellent

Overall 89.9 · Larger and newer than most nearby homes

2,740 sqft (top 4%) · Built in 1989 (14 yrs newer than avg)

Located in a high-income area with median household income of ~146k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 healthcare facility, and 5 parks nearby

Living Area

Above average

90% larger than neighborhood avg.

Year Built

Above average

14 yrs newer than neighborhood avg.

Mother tongue

English · 73%French · 5%

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

89.9 is composed by the two sections below.

Property Score

88.3Excellent
Living Area2,740 sqft98Excellent
Year Built198978Good
Lot Size6,910 sqft85Excellent
Neighbourhood Sales Activity23Low

Community Score

92.3Excellent
Household Income93Excellent
Education Level91Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110999

Community deep dive

$146K

Median household income

$218K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.4

P90 / P10 ratio

10%

Single-person households

36%

Families with children

Population, labour & age

Population (2021)537
Labour force participation rate67%
Median age49.6
Avg household size2.8
Unemployment rate5%
Population density1917 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households10%
Couple families with children36%
Median household income (2020)$146K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$548K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority20%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

Elite
2,740 sqft
0255075100
Same streetTop 7%Same areaTop 4%CitywideTop 2%
Same street · Ravine Drive
#4 / 58
Top 7% · Avg 2,266 sqft
Same area · Minnetonka
#55 / 1,515
Top 4% · Avg 1,439 sqft
Citywide · Winnipeg
#3,264 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
725k
0255075100
Same streetTop 16%Same areaTop 6%CitywideTop 3%
Same street · Ravine Drive
#9 / 58
Top 16% · Avg 635.3k
Same area · Minnetonka
#89 / 1,515
Top 6% · Avg 458.1k
Citywide · Winnipeg
#6,494 / 194,458
Top 3% · Avg 390.1k

Year Built

above average
1989
0255075100
Same streetBottom 33%Same areaTop 13%CitywideTop 23%

Lot Size

above average
6,910 sqft
0255075100
Same streetTop 43%Same areaTop 46%CitywideTop 18%

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

18 Ravine Drive — 6 amenities found within 500 m, across 2 categories, including 1 healthcare (nearest 467 m), 5 parks (nearest 110 m).

Search radius
🏥Healthcare1
🌳Parks5

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 8/2023CA$850k–900k
Sold price

Same street

Top 6%

Same area

Top 2%

City-wide

Top 1%

Related homes

Highlights & common questions: 18 Ravine Drive, Winnipeg

Property Overview

18 Ravine Drive is a spacious, well-established home in Winnipeg's Minnetonka neighbourhood. Its primary appeal lies in its generous scale and strong positional value, offering a substantial living area that ranks highly against local and city-wide comparisons. Built in 1989, the home sits on a good-sized lot and presents a compelling opportunity for buyers seeking space and established community character.

Key Characteristics & Appeal

The home’s most standout feature is its 2,740 sqft living area, which places it in the top 7% of homes on its street, the top 4% in Minnetonka, and the elite top 2% city-wide. This significant size is its defining advantage. The assessed value of $72,500 further reinforces its premium positioning within the broader market. While the home itself is not new, its 1989 build date is notably newer than many city-wide averages, suggesting a potentially more modern layout and systems than many older Winnipeg homes.

This property would ideally suit buyers who prioritize interior space over a brand-new build. It’s a strong fit for growing families needing room or for those looking for a home with a proven, above-average footprint in a mature neighbourhood. The data suggests it offers a "more house" proposition within its area, appealing to value-conscious buyers who measure worth in square footage and established community equity rather than absolute novelty.

A thoughtful perspective is that while the lot size is fairly typical for the immediate area, it is above average city-wide. This indicates a balanced offering: a very large home on a respectable lot, without the extreme land premiums of newer suburbs, potentially allowing for manageable outdoor maintenance.


Frequently Asked Questions

1. How does this home’s size truly compare to others?
The living space is a key strength. At 2,740 sqft, it is nearly 1,000 sqft larger than the average home in Minnetonka and more than double the average living area city-wide, placing it in the top 2-4% of homes for space.

2. The assessed value seems low. What does it mean?
The $72,500 figure is the city's assessment for taxation purposes, not the market value. Its "Elite" top 3% city-wide ranking indicates it is assessed significantly higher than most Winnipeg homes, which aligns with its larger size and desirable location. The last reported sold price was between $850k-$900k in 2023.

3. Is a 1989 home considered old?
While 37 years old, it is newer than the average Winnipeg home (built around 1966). For its specific area of Minnetonka, it is actually above average, ranking in the top 13%, meaning many neighbouring homes are older. It represents the established, mature segment of the market.

4. What does the sold price history tell us?
The 2023 sale in the $850k-$900k range placed that price in the top 1% of sales city-wide at the time, confirming the home's premium market position. Exact sale prices can be requested from the listing service.

5. Who would this home not suit?
Buyers seeking a modern, turn-key new build or those who prefer a vast, sprawling yard might look elsewhere. The appeal here is the interior volume and established neighbourhood feel, so it may not match the desires of someone prioritizing cutting-edge design or minimal renovation potential.

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