21 Riverbend Avenue

Minnetonka, Winnipeg

65.4

Good

Overall 65.4

Smaller and older than most nearby homes

1,008 sqft (bottom 22%)

Built in 1955 (20 yrs older than avg)

Located in a high-income area

with median household income of ~106k

Transit 92.0

4-min walk to transit with 5 nearby routes

Within 500m: 9 dining spots, 1 school, 2 healthcare facilitys, and 2 shops nearby

Living Area

Below average

30% smaller than neighborhood avg.

Year Built

Below average

20 yrs older than neighborhood avg.

Mother tongue

English · 76%French · 6%

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

65.4 is composed by the two sections below.

Property Score

52.3Fair
Living Area1,008 sqft52Fair
Year Built195536Low
Lot Size6,832 sqft85Excellent
Neighbourhood Sales Activity23Low

Community Score

85.0Excellent
Household Income87Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46111002

Community deep dive

$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

Population, labour & age

Population (2021)449
Labour force participation rate60%
Median age46.0
Avg household size2.6
Unemployment rate4%
Population density2641 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households17%
Couple families with children34%
Median household income (2020)$106K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$372K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority13%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 76%
Mother tongue (2nd)French · 5%

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

Rankings

Living Area

below average
1,008 sqft
0255075100
Same streetBottom 18%Same areaBottom 22%CitywideBottom 27%
Same street · Riverbend Avenue
#94 / 115
Bottom 18% · Avg 1,331 sqft
Same area · Minnetonka
#1,186 / 1,515
Bottom 22% · Avg 1,439 sqft
Citywide · Winnipeg
#142,120 / 194,458
Bottom 27% · Avg 1,342 sqft

Tax-Assessed Value

around average
325k
0255075100
Same streetBottom 32%Same areaBottom 4%CitywideBottom 37%
Same street · Riverbend Avenue
#78 / 115
Bottom 32% · Avg 388.3k
Same area · Minnetonka
#1,452 / 1,515
Bottom 4% · Avg 458.1k
Citywide · Winnipeg
#122,076 / 194,458
Bottom 37% · Avg 390.1k

Year Built

around average
1955
0255075100
Same streetTop 38%Same areaBottom 9%CitywideBottom 34%

Lot Size

above average
6,832 sqft
0255075100
Same streetBottom 38%Same areaTop 48%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

21 Riverbend Avenue — 25 amenities found within 500 m, across 8 categories, including 9 dining (nearest 162 m), 1 education (nearest 356 m), 2 healthcare (nearest 174 m).

Search radius
🍽️Dining9
🏫Education1
🏥Healthcare2
🛒Shopping2
🌳Parks3
🏦Finance3
Fuel Stations4
Worship1

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 12/2017CA$250k–300k
Sold price

Same street

Bottom 11%

Same area

Bottom 2%

City-wide

Bottom 25%

Related homes

Highlights & common questions: 21 Riverbend Avenue, Winnipeg

Property Overview

21 Riverbend Avenue is a 1,008 sqft bungalow built in 1955, situated on a 6,832 sqft lot in Winnipeg's Minnetonka neighbourhood. Its key characteristics present a mix of modest home size with a notably generous lot, especially when viewed in a city-wide context. The home's assessed value is positioned as average for its immediate street but below average within the broader Minnetonka area.

The primary appeal of this property lies in its land potential. While the living space is compact compared to area averages, the lot size ranks in the top 18% city-wide, offering valuable outdoor space and future expansion possibilities rare for many urban lots. This setup is ideal for a practical buyer—perhaps a first-time homeowner, a downsizer, or an investor—who values a larger yard over a large interior footprint and is comfortable with a home that may require updates reflective of its era. It suits someone looking for a foothold in a established neighbourhood with the long-term asset of a substantial plot.

A less obvious perspective is the value of its "average" assessment on its street. This suggests the home is not an outlier, potentially offering more predictable property taxes and a stable entry point into the area without the premium of a fully renovated property. Its last known sale was between 2017 for $250k-$300k, providing a historical benchmark for value.


Frequently Asked Questions

1. How does the home's size compare to others?
At 1,008 sqft, the living area is below the average for Minnetonka (1,439 sqft) and for the city overall. It is a compact, single-level layout.

2. What is significant about the lot size?
The 6,832 sqft lot is a standout feature. It is larger than the average city lot and ranks in the top 18% in Winnipeg, offering ample outdoor space.

3. Is the assessed value high for the area?
The assessed value of $32,500 is around average for Riverbend Avenue itself but is below the Minnetonka neighbourhood average of $45,800.

4. What should I consider about the home's age?
Built in 1955, the home is older than most in Minnetonka. Buyers should budget for potential updates to systems, insulation, or windows common for homes of this vintage.

5. How can I find out the exact past sale price?
The provided sale history shows a range. For the precise sold price, you can request it via email from the listing service, which manually provides the data.

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