Property score
70.4
Good
Overall 70.4 · Compared with neighbourhood average
1,188 sqft (bottom 44%) · Built in 1974 (1 yr 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: 6 parks nearby
Living Area
Near average
17% smaller than neighborhood avg.
Year Built
Near average
1 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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70.4 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
239 Riel Avenue — 6 amenities found within 500 m, across 1 categories, including 6 parks (nearest 115 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 | Top 18% | Top 34% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This home at 239 Riel Avenue presents a solid, average-sized offering in Winnipeg's Minnetonka neighbourhood. Built in 1974, it is actually newer than many homes on its own street. With 1,188 sqft of living space and a 6,157 sqft lot, its size is consistently around the median when compared locally, though the lot size ranks above average city-wide. The assessed value is modest and sits comfortably in the middle range for the area.
The appeal lies in its straightforward, balanced metrics. It’s not an outlier in any category, which suggests a predictable and stable investment in an established community. A thoughtful perspective is that its "average" standings across the board could mean less competition and more room for negotiation compared to properties with standout features that command premium prices. It last sold for an estimated $400k-$450k in 2022.
This property would suit first-time buyers looking for an entry point into the market, or practical investors seeking a residential property with steady, proven value. It’s for someone who prioritizes a decent-sized lot and a home that doesn’t require extensive modernization over high-end finishes or square footage.
Frequently Asked Questions
How does this home’s size compare to its neighbours?
At 1,188 sqft, the living area is very close to the average for Riel Avenue (1,202 sqft) and ranks in the top 38% on the street, meaning it's actually a bit larger than many nearby homes.
Is the assessed value a good indicator of the likely selling price?
The assessed value is for municipal tax purposes and is often lower than market value. The home's previous sale in the $400k-$450k range in 2022 is a more current indicator, though market conditions have shifted since then.
What does the "above average" year built ranking mean?
Built in 1974, this home is newer than the average house on Riel Avenue (1969). This could imply potentially fewer age-related issues than some immediate neighbours, though a full inspection is always recommended.
How does the lot size compare to the rest of Winnipeg?
The 6,157 sqft lot ranks in the top 28% city-wide, meaning it's larger than most residential lots in Winnipeg. This is a less obvious advantage, offering more outdoor space than you might find in many other parts of the city.
Where can I see more detailed context about the neighbourhood?
You can open the dedicated neighbourhood analysis page to view this property on a map alongside nearby homes, comparing details like year built, living area, and lot size directly.
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.
