Property score
61.5
Fair
Overall 61.5 · Smaller and older than most nearby homes
908 sqft (bottom 10%) · Built in 1960 (15 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: 4 parks nearby
Living Area
Below average
37% smaller than neighborhood avg.
Year Built
Below average
15 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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61.5 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
215 Riel Avenue — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 211 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 34% | Bottom 29% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 215 Riel Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a straightforward, value-oriented opportunity in Winnipeg's Minnetonka neighbourhood. Its key characteristic is its modest scale, with a living area of 908 sqft that is notably smaller than most homes on its street and in the broader area. Built in 1960, it is an older home on a standard 5,643 sqft lot. The appeal lies primarily in its affordability and entry-point positioning, as reflected in its below-average assessed value for the immediate vicinity. This isn't a luxury property, but a practical one.
It would suit first-time buyers or investors seeking a lower-cost entry into the Winnipeg market, where the city-wide assessed value is around average. The smaller size means lower utility costs and less maintenance, appealing to those looking to minimize overhead. A thoughtful perspective is that a home of this vintage and size on a decent lot could be a candidate for a thoughtful expansion or renovation over time, allowing a buyer to add value in a neighbourhood of generally larger homes.
Section 2: Frequently Asked Questions
1. Why is the living area significantly smaller than neighbours' homes?
The data shows this home's living area is in the bottom 10% for its street and area. This is its defining feature, indicating it may be a bungalow, have a simpler layout, or lack finished basement space compared to expanded or two-story neighbours.
2. How can the assessed value be below average locally but around average city-wide?
This highlights Winnipeg's varied market. Property values in Minnetonka appear higher on average than many city neighbourhoods. So, while this home is a lower-value property on its street, its assessment is more aligned with the typical Winnipeg home, underscoring the neighbourhood's relative affordability.
3. What does the sold price history (CA$300k–350k in 2023) tell us?
The 2023 sale price range significantly exceeds the current assessed value (~$34k), which is normal as assessments for tax purposes often lag behind market values. This past sale indicates the market price is determined by much more than the official assessment.
4. Is the older year (1960) a major concern?
While older than most nearby homes, its build year is near the city-wide average. Buyers should budget for potential updates to major aging components like roofing, windows, or plumbing, which is typical for homes of this era.
5. How useful are the "rank" and "top" percentage figures?
These metrics quickly show how this property compares to peers. For example, ranking 142 of 149 for living area on its street (Top 95%) instantly communicates it is among the very smallest, helping set accurate expectations for size and potential value.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
