27 Riverbend Avenue

Minnetonka, Winnipeg

Property score

64.4

Fair

Overall 64.4 · Smaller than most nearby homes

988 sqft (bottom 21%) · Built in 1972 (3 yrs older than avg)

Located in a high-income area with median household income of ~106k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 9 dining spots, 1 school, 2 healthcare facilitys, and 2 shops nearby

Living Area

Below average

31% smaller than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 76%French · 6%

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

64.4 is composed by the two sections below.

Property Score

50.7Fair
Living Area988 sqft42Low
Year Built197258Fair
Lot Size6,834 sqft85Excellent
Neighbourhood Sales Activity23Low

Community Score

85.0Excellent
Household Income87Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46111002

Community deep dive

$106K

Median household income

$113K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

17%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)449
Labour force participation rate60%
Median age46.0
Avg household size2.6
Unemployment rate4%
Population density2641 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households17%
Couple families with children34%
Median household income (2020)$106K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$372K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority13%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 76%
Mother tongue (2nd)French · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
988 sqft
0255075100
Same streetBottom 17%Same areaBottom 21%CitywideBottom 25%
Same street · Riverbend Avenue
#95 / 115
Bottom 17% · Avg 1,331 sqft
Same area · Minnetonka
#1,203 / 1,515
Bottom 21% · Avg 1,439 sqft
Citywide · Winnipeg
#145,831 / 194,458
Bottom 25% · Avg 1,342 sqft

Tax-Assessed Value

around average
385k
0255075100
Same streetBottom 45%Same areaBottom 36%CitywideTop 42%
Same street · Riverbend Avenue
#63 / 115
Bottom 45% · Avg 388.3k
Same area · Minnetonka
#974 / 1,515
Bottom 36% · Avg 458.1k
Citywide · Winnipeg
#82,459 / 194,458
Top 42% · Avg 390.1k

Year Built

above average
1972
0255075100
Same streetTop 17%Same areaBottom 37%CitywideTop 45%

Lot Size

above average
6,834 sqft
0255075100
Same streetBottom 42%Same areaTop 48%CitywideTop 18%

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

27 Riverbend Avenue — 24 amenities found within 500 m, across 8 categories, including 9 dining (nearest 205 m), 1 education (nearest 335 m), 2 healthcare (nearest 219 m).

Search radius
🍽️Dining9
🏫Education1
🏥Healthcare2
🛒Shopping2
🌳Parks2
🏦Finance3
Fuel Stations4
Worship1

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 8/2016CA$250k–300k
Sold price

Same street

Bottom 27%

Same area

Bottom 8%

City-wide

Bottom 33%

Related homes

Highlights & common questions: 27 Riverbend Avenue, Winnipeg

Property Overview: 27 Riverbend Avenue, Winnipeg

Key Characteristics & Appeal

This home at 27 Riverbend Avenue in Minnetonka is a practical, no-frills property built in 1972. Its key appeal lies in its efficiency and value proposition. With 988 square feet of living space, the house is notably compact—smaller than most comparable homes on its street, in the area, and across Winnipeg. This positions it as a lower-maintenance option, potentially appealing to those looking to minimize space they don't need.

The lot size of 6,834 sqft is a standout feature, ranking in the top 18% city-wide, meaning you get more outdoor space than most Winnipeg properties. This offers a nice balance: a modest home on a generous lot, ideal for gardening, outdoor living, or future expansion. The assessed value is consistently around the average for its immediate vicinity, suggesting it's priced in line with the local market rather than carrying a premium.

This property would best suit first-time buyers, downsizers, or value-focused investors seeking an entry point into the market. It’s for someone who prioritizes land over square footage and sees potential in a home that is simpler and more manageable than larger, older houses in the neighbourhood.


Frequently Asked Questions

1. Is the house particularly small?
Yes. At 988 sqft, the living area is below average for the street, the Minnetonka area, and the city. It's a compact, efficient layout.

2. What is the significance of the lot size?
The lot is 6,834 sqft, which is larger than over 80% of residential lots in Winnipeg. This is a key asset, providing ample private outdoor space uncommon for many city properties.

3. How does its age compare to neighbours?
Built in 1972, it is newer than most homes on Riverbend Avenue (where the average year built is 1958). This could mean relatively newer major systems compared to many nearby houses.

4. What was it last sold for?
Public records indicate a sale between CA$250,000 and $300,000 in 2016. For the exact sale price, you can request the information directly via the provided email service.

5. What is the immediate neighbourhood like?
The listing shows several nearby properties on the same street and cul-de-sac (Robertson Crescent), suggesting a quiet, established residential area. A similar nearby property at 29 Woodlawn Avenue is referenced as being larger and with a higher assessed value.

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