Property score
77.4
Good
Overall 77.4 · Larger than most nearby homes
1,664 sqft (top 27%) · Built in 1974 (1 yr older than avg)
Located in a high-income area with median household income of ~97k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 4 parks nearby
Living Area
Above average
16% larger 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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77.4 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
271 Riel Avenue — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 55 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 14% | Top 33% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 271 Riel Avenue, Winnipeg
Key Characteristics & Appeal
This home at 271 Riel Avenue in Minnetonka presents a compelling case based on its above-average interior space and value. Built in 1974, its key strength is a generous 1,664 sqft of living area, which ranks in the top 7% of homes on its street and well above averages for both the neighbourhood and the wider city. This suggests a home that offers more room than many in the immediate area, potentially with a more functional layout for a growing family or those needing dedicated space for work or hobbies.
The appeal lies in this combination of spacious interiors within a mature, established neighbourhood. The assessed value is also strong for the street, ranking in the top 10%. A less obvious perspective is the lot size: at 5,498 sqft, it is smaller than most on the street and in Minnetonka, which could mean less yard maintenance—a plus for some buyers—but may limit expansion possibilities. The home last sold between $400k-$450k in 2021, providing a recent market benchmark.
This property would best suit buyers prioritizing interior square footage over a large yard, who value a home that stands out in its immediate vicinity for size and perceived value. It’s a practical choice for those seeking roominess in a settled community without necessarily needing the largest lot on the block.
Frequently Asked Questions
1. How does the home’s size truly compare to others?
The living area of 1,664 sqft is notably larger than comparable homes on Riel Avenue (avg. ~1,202 sqft), in Minnetonka (avg. ~1,439 sqft), and city-wide (avg. ~1,342 sqft), placing it in the top 22-27% of homes overall for space.
2. Is the lot size a disadvantage?
The lot is 5,498 sqft, which is below the average for both the street and the neighbourhood. This means a more manageable yard but may offer less privacy or room for additions like a large deck or pool compared to neighbours.
3. What does the assessed value indicate?
The $44.80k assessed value ranks highly on its street (top 10%) and above average city-wide. It’s important to note this is for taxation purposes; market value is better indicated by the 2021 sale price of $400k-$450k and current local comparisons.
4. How old is the home, and what might that mean?
Built in 1974, the home is slightly newer than the street average (1969) and typical for the area. Buyers should budget for updates common to homes of this era, such as windows, roofing, or mechanical systems, while potentially benefiting from a more modern layout than older stock.
5. Where can I get more specific historical data?
The exact historical sold price is not published publicly. You can request this detailed information directly via the provided email contact on the listing page for a precise record.
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