23 Ravine Drive

Minnetonka, Winnipeg

Property score

89.4

Excellent

Overall 89.4 · Larger and newer than most nearby homes

2,374 sqft (top 8%) · 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 7 parks nearby

Living Area

Above average

65% 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

89.4 is composed by the two sections below.

Property Score

87.5Excellent
Living Area2,374 sqft96Excellent
Year Built198978Good
Lot Size7,438 sqft88Excellent
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
2,374 sqft
0255075100
Same streetTop 38%Same areaTop 8%CitywideTop 4%
Same street · Ravine Drive
#22 / 58
Top 38% · Avg 2,266 sqft
Same area · Minnetonka
#128 / 1,515
Top 8% · Avg 1,439 sqft
Citywide · Winnipeg
#7,768 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

above average
572k
0255075100
Same streetBottom 21%Same areaTop 14%CitywideTop 10%
Same street · Ravine Drive
#46 / 58
Bottom 21% · Avg 635.3k
Same area · Minnetonka
#215 / 1,515
Top 14% · Avg 458.1k
Citywide · Winnipeg
#19,895 / 194,458
Top 10% · Avg 390.1k

Year Built

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

Lot Size

above average
7,438 sqft
0255075100
Same streetTop 28%Same areaTop 37%CitywideTop 14%

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

23 Ravine Drive — 8 amenities found within 500 m, across 2 categories, including 1 healthcare (nearest 415 m), 7 parks (nearest 66 m).

Search radius
🏥Healthcare1
🌳Parks7

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 11/2024CA$650k–700k
Sold price

Same street

Top 39%

Same area

Top 6%

City-wide

Top 4%

Related homes

Highlights & common questions: 23 Ravine Drive, Winnipeg

Property Overview

23 Ravine Drive is a well-established home in Minnetonka, offering a balanced combination of space, location, and value. Built in 1989, it sits on a generous 7,438 sqft lot and features 2,374 sqft of living area. The home’s appeal lies in its strong positional value—it provides significantly more space than the average Winnipeg home while being situated in a mature neighbourhood. Its assessed value is notably lower than others on its own street, which could present an opportunity, but it also means the property taxes may be relatively favourable compared to its immediate neighbours.

This home would suit buyers looking for a spacious family home in a quiet area without the premium of a brand-new build. It’s ideal for someone who values a larger lot for gardening or outdoor space and appreciates a home that already holds a solid position within the broader city market. A thoughtful perspective is that while it’s average for its street, it stands out as a top-tier property in the wider city context, offering a chance to live in a above-average home for the area without the highest price tag on the block.

Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value is below the average for Ravine Drive, but above the averages for both the Minnetonka area and the city of Winnipeg. This suggests it may offer good value within its immediate street while still being a substantial asset in the broader market.

2. Is the living space considered large?
Yes. With 2,374 sqft, the living area ranks in the top 8% for the Minnetonka area and the top 4% city-wide, making it a notably spacious home compared to most in Winnipeg.

3. What does the sold price history indicate?
The home sold in 2024 for an estimated $650k–$700k. This sale price ranked in the top 6% for the area and top 4% city-wide, confirming its strong market performance relative to other properties.

4. Is the lot size a key feature?
The 7,438 sqft lot is above average for the street and the city, providing ample outdoor space. It’s around the typical size for the Minnetonka area itself.

5. How can I find out the exact historical sold price?
The exact sold price is not publicly listed in detail. You can request it by email via the listing page; the service aims to provide the accurate figure manually by the end of the same day, without using your email for marketing.

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