Property score
60.7
Fair
Overall 60.7 · Smaller and older than most nearby homes
981 sqft (bottom 18%) · Built in 1965 (10 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: 2 schools, and 3 parks nearby
Living Area
Below average
32% smaller than neighborhood avg.
Year Built
Below average
10 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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60.7 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
182 Riel Avenue — 5 amenities found within 500 m, across 2 categories, including 2 education (nearest 430 m), 3 parks (nearest 284 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 28% | Bottom 24% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 182 Riel Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 182 Riel Avenue presents a straightforward, value-oriented opportunity in Winnipeg’s Minnetonka neighbourhood. Built in 1965, it offers 981 square feet of living space on a roughly 5,000 sqft lot. The data reveals a property that sits below the average for both size and assessed value within its immediate street and area, yet aligns more closely with city-wide averages for its lot size and age. This positioning is central to its appeal: it’s an accessible entry point into the housing market.
The appeal lies in its practicality and potential. The lower assessed value suggests a correspondingly lower purchase price and property tax burden, which is a significant advantage for first-time buyers or investors. While the home is smaller than many in the area, its lot size is competitive city-wide, offering valuable outdoor space. A thoughtful perspective is that this property may represent a "blank canvas" scenario—it’s a chance to secure land and a solid structure in an established neighbourhood without paying a premium for recent upgrades or excess square footage. It would suit a pragmatic first-time homebuyer comfortable with a home that may require updates, a budget-conscious investor looking for a rental property, or a downsizer seeking a manageable space without leaving the community.
Section 2: Frequently Asked Questions
1. Is this a "fixer-upper"?
The data doesn’t specify condition, but the year built (1965) and below-average assessed value suggest the home likely requires some modernization or maintenance. Buyers should budget for potential updates to systems, kitchens, or bathrooms common to homes of this era.
2. Why is the lot size notable?
While the lot is smaller than others on Riel Avenue, it is near the city-wide average. This means you’re getting a reasonably sized yard for Winnipeg, which is a valuable asset, especially in a more affordable property.
3. How does the sold price history help?
The home sold between $300k-$350k in 2022. This provides a recent market benchmark, but it’s crucial to get an exact price and combine it with a current appraisal to understand today’s value, as the market has evolved since then.
4. What does "below average" for size and value really mean for me?
Primarily, it means lower costs—both for purchasing and for ongoing property taxes. It indicates you are not paying for extra square footage you may not need, making it an efficient use of budget for the right buyer.
5. Who are the most likely neighbours or comparable buyers?
Given its profile, your neighbours might be a mix of long-time residents and other value-seeking buyers. The similar properties listed with the same assessed value are in various neighbourhoods, indicating this price point attracts a city-wide pool of buyers looking for the same financial practicality.
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