Property score
85.7
Excellent
Overall 85.7 · Larger and newer than most nearby homes
2,525 sqft (top 7%) · Built in 1978 (3 yrs newer than avg)
Located in a high-income area with median household income of ~102k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 2 schools, and 7 parks nearby
Living Area
Above average
75% larger than neighborhood avg.
Year Built
Above average
3 yrs newer than neighborhood avg.
Mother tongue
English · 83%French · 2%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
85.7 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: #46111000
$102K
Median household income
$115K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
21%
Single-person households
28%
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
27 Areisa Bay — 9 amenities found within 500 m, across 2 categories, including 2 education (nearest 342 m), 7 parks (nearest 231 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 20% | Top 13% | Top 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 27 Areisa Bay in Winnipeg's Minnetonka area presents a compelling blend of space, location, and established value. Its primary appeal lies in offering above-average dimensions on a desirable street, providing a sense of privacy and room to grow that is increasingly rare.
Key Characteristics & Appeal
The home's standout feature is its generous scale. With 2,525 sqft of living area, it ranks in the top 7% of homes in Minnetonka and the top 3% city-wide, offering significantly more interior space than typical area homes. This is complemented by a large, private lot of 8,596 sqft, which is in the top 9% city-wide. Built in 1978, the property is well-established within its neighbourhood context. With an assessed value of $580,000, it sits above average for its immediate street, the broader Minnetonka area, and Winnipeg as a whole, indicating a strong and recognized valuation.
This property would ideally suit buyers who prioritize space—both indoors and outdoors—over a brand-new build. It’s a fit for growing families seeking room to spread out, or for those who value a larger yard for gardening, recreation, or future projects. The home’s established nature and strong rankings suggest a solid, premium offering within its community, appealing to buyers looking for a long-term home in a mature neighbourhood without compromising on square footage.
Frequently Asked Questions
How does the home’s age affect its value and potential?
Built in 1978, the home is of an age where major systems like roofing, windows, or plumbing may have been updated or could be nearing their lifespan. This presents both a known, stable character and a clear opportunity for buyers to modernize interiors to their personal taste, potentially adding value.
Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $580,000 is a strong benchmark for municipal taxation, but market conditions ultimately determine sale price. Its ranking in the top 13% for the area suggests it is a premium property, but recent comparable sales and current buyer demand will be the final arbiters.
What does the lot size mean for practical use?
At nearly 8,600 sqft, the lot is a significant asset. Beyond gardening, it offers potential for additions like a sizable deck, a play structure, or even a future auxiliary building (subject to bylaws), providing flexibility that smaller lots do not.
The home last sold between $500k-$550k in 2020. What does that history suggest?
The prior sale price provides context for the property’s appreciation trajectory. Comparing it to the current $580k assessment can help gauge market movement, but it’s essential to consider any improvements made to the home since 2020 that would justify increased value.
How does this home truly compare to others on the street?
The data shows it has the top assessed value on Areisa Bay and the second-largest living area and lot size among 8 comparable homes. This indicates it is one of the leading properties on the street, likely offering a premium position or features within this specific micro-neighbourhood.
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.
