Property score
74.5
Good
Overall 74.5 · Older than most nearby homes
1,281 sqft (top 46%) · Built in 1971 (4 yrs older than avg)
Located in a high-income area with median household income of ~113k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 7 parks nearby
Living Area
Near average
11% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 79%French · 7%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
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74.5 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: #46110994
$113K
Median household income
$122K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
18%
Single-person households
33%
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
253 River Road — 7 amenities found within 500 m, across 1 categories, including 7 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 26% | Top 21% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This home at 253 River Road presents a compelling proposition centered on its exceptional lot size. Built in 1971, the house itself is modest at 1,281 sq ft, placing it around the average for living space in its Minnetonka neighbourhood and city-wide. Its assessed value follows a similar pattern, being fairly typical for its immediate area. The true standout feature is the land: a 21,788 sq ft lot that ranks in the top 2% within Minnetonka and the top 1% across the entire city. This means you're acquiring a property with a lot size more than triple the local area average.
The primary appeal lies in this land value proposition. It suits a buyer who prioritizes outdoor space, privacy, and future potential over a large, move-in-ready house. It's an ideal fit for someone with a vision—whether for extensive gardening, adding substantial additions, or eventually redeveloping the lot. The home last sold between $450k-$500k in 2021, suggesting a market value significantly higher than its current assessed value, likely driven by the premium lot.
Frequently Asked Questions
1. Is the house in good condition for its age?
The provided data doesn't detail interior condition or updates. As a 55-year-old home, a buyer should budget for a thorough inspection to assess the roof, foundation, mechanical systems, and any needed modernizations.
2. Why is the lot size so significant?
The lot is exceptionally large for an urban setting. This offers rare privacy, space for recreational features like a pool or sport court, and long-term flexibility that smaller lots cannot provide. It's a scarce asset that typically appreciates well.
3. How does the assessed value relate to the likely selling price?
The assessed value for tax purposes ($43.10k) is administrative and not a market valuation. The 2021 sale price of $450k-$500k is a far more relevant benchmark, with current value influenced by market trends and the unique lot premium.
4. What is the neighbourhood like?
The home is on a street where property sizes vary, but its lot is among the largest. Neighbouring homes on Avalon Road and adjacent bays are very close, suggesting a mature, established community. The "around average" rankings for the house itself indicate it fits the area's general character.
5. Can I get the exact historical sale prices?
The precise sale prices are not publicly listed in detail. The listing service offers to provide the exact sold price history manually via email upon request, at no cost and without marketing spam.
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