Property score
70.8
Good
Overall 70.8 · Older than most nearby homes
1,407 sqft (top 39%) · Built in 1931 (44 yrs older than avg)
Located in a high-income area with median household income of ~97k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Below average
44 yrs older than neighborhood avg.
Mother tongue
English · 69%French · 6%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
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70.8 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: #46110995
$97K
Median household income
$114K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
21%
Single-person households
35%
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
191 Riel Avenue — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 448 m), 3 parks (nearest 283 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: 191 Riel Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a distinct profile defined by its era and its position within the local market. Built in 1931, it is a notably older property in its immediate area, offering classic character and potential for updates. With 1,407 sqft of living space, it provides above-average roominess for Riel Avenue itself, though it sits around the middle range for the wider city. The lot size of 5,821 sqft is comfortably spacious.
The appeal here is multifaceted. For a buyer, it represents an opportunity to own a character home with a generous lot in a mature neighbourhood. The assessed value is significantly higher than most on its street and in Minnetonka, which can indicate desirable updates, a premium location on the block, or simply a solidly built home. However, it’s crucial to note this also means property taxes will be based on that higher assessment. This property would suit a buyer who appreciates older homes and is not daunted by the maintenance or modernization a 95-year-old house may require. It’s a fit for someone looking for space and land over a newer build, and who sees value in a home that stands out in its immediate vicinity for its size and perceived worth.
Frequently Asked Questions
1. Why is the assessed value so much higher than neighbouring homes?
The assessed value of $340k ranks in the top tier for the street and area, meaning it’s valued significantly higher than most comparable nearby properties. This typically reflects factors like major renovations, additions, superior condition, or a more desirable location on the lot that the assessor has recognized.
2. What should I consider with a home built in 1931?
While offering charm, a home of this age likely has original systems (like plumbing, electrical, and heating) that may need evaluation or upgrading. Insulation, window efficiency, and the foundation should be key points of inspection. This is a classic "character home" scenario, balancing historic appeal with potential update costs.
3. How does the recent sale price (2023, $300k-$350k) relate to the current assessed value?
The sale price from 2023 falls within the same range as the current $340k assessment, suggesting the assessment is closely aligned with very recent market activity. This can indicate a stable valuation, but it's always wise to have a current market analysis performed.
4. Is the living space actually large for the area?
Yes, but context matters. At 1,407 sqft, it is in the top 19% for size on Riel Avenue itself. However, compared to the broader Minnetonka area and the entire city, it is around average. So, you're getting a relatively spacious home for that specific street.
5. The lot is smaller than the area average. Is that a concern?
At 5,821 sqft, the lot is smaller than many in the Minnetonka area but is close to the city-wide average. It is still a substantial piece of land. The key perspective is that it offers a balance—ample outdoor space without the extensive maintenance of a much larger lot, which can be a practical advantage.
