28 Minnetonka Street

Minnetonka, Winnipeg

Property score

66.9

Good

Overall 66.9 · Smaller than most nearby homes

1,032 sqft (bottom 24%) · Built in 1972 (3 yrs older than avg)

Located in a high-income area with median household income of ~97k

Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 2 parks nearby

Living Area

Below average

28% smaller than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 69%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

66.9 is composed by the two sections below.

Property Score

55.0Fair
Living Area1,032 sqft52Fair
Year Built197258Fair
Lot Size5,657 sqft74Good
Neighbourhood Sales Activity23Low

Community Score

84.7Excellent
Household Income83Excellent
Education Level82Excellent
Housing Stress100Excellent
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: #46110995

Community deep dive

$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

Population, labour & age

Population (2021)363
Labour force participation rate70%
Median age38.8
Avg household size2.6
Unemployment rate13%
Population density3025 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households21%
Couple families with children35%
Median household income (2020)$97K

Housing

Renter households11%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority22%
Bachelor's or higher (25–64)47%
Mother tongue (1st)English · 69%
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

around average
1,032 sqft
0255075100
Same streetBottom 31%Same areaBottom 24%CitywideBottom 29%
Same street · Minnetonka Street
#29 / 42
Bottom 31% · Avg 1,177 sqft
Same area · Minnetonka
#1,155 / 1,515
Bottom 24% · Avg 1,439 sqft
Citywide · Winnipeg
#137,394 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
355k
0255075100
Same streetBottom 26%Same areaBottom 14%CitywideBottom 48%
Same street · Minnetonka Street
#31 / 42
Bottom 26% · Avg 386.7k
Same area · Minnetonka
#1,299 / 1,515
Bottom 14% · Avg 458.1k
Citywide · Winnipeg
#101,160 / 194,458
Bottom 48% · Avg 390.1k

Year Built

around average
1972
0255075100
Same streetTop 43%Same areaBottom 37%CitywideTop 45%

Lot Size

around average
5,657 sqft
0255075100
Same streetBottom 33%Same areaBottom 23%CitywideTop 39%

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

28 Minnetonka Street — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 495 m), 2 parks (nearest 229 m).

Search radius
🏫Education1
🌳Parks2

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 7/2024CA$350k–400k
Sold price

Same street

Top 32%

Same area

Top 44%

City-wide

Top 36%
Sold 7/2021CA$300k–350k
Sold price

Same street

Bottom 42%

Same area

Bottom 34%

City-wide

Top 49%

Related homes

Highlights & common questions: 28 Minnetonka Street, Winnipeg

Property Overview & Appeal

This home at 28 Minnetonka Street presents as a practical, mid-century property built in 1972. Its key characteristics are its modest scale and below-average municipal assessment. With 1,032 sqft of living space and a 5,657 sqft lot, it is consistently smaller than both neighbourhood and city averages, positioning it as a more compact offering. The appeal here is largely grounded in value and potential. Its assessed value is notably lower than many comparable homes in the immediate area, which could translate into a relatively affordable entry point into the Minnetonka neighbourhood. Recent sale history shows steady price appreciation.

This property would suit first-time buyers or downsizers looking for a manageable footprint without a premium lot size. It’s also a candidate for value-conscious investors or buyers comfortable with a home that may require updates, given its age and below-average metrics for size and value within its specific street and neighbourhood context. A thoughtful perspective is that its smaller scale and lot could mean lower maintenance costs and taxes, offering a simpler, more efficient lifestyle.

Frequently Asked Questions

1. Is this a good value compared to other homes on the street?
The data suggests it is. The home’s assessed value ranks in the bottom quarter (74%) on Minnetonka Street itself, meaning it’s assessed lower than most of its direct neighbours. This can indicate a potentially lower purchase price relative to nearby homes.

2. How does the lot size affect the property?
At 5,657 sqft, the lot is below the average for the Minnetonka area. This means less yard to maintain, which some buyers may prefer, but it also offers less private outdoor space than many surrounding properties.

3. What does the sale history tell us?
The home sold in 2021 and again in 2024, with the price range increasing from the $300k-$350k bracket to the $350k-$400k bracket. This indicates a rising market value over a three-year period.

4. Why is the city-wide assessed value average so much higher?
The city-wide average assessed value shown ($390k) includes all property types and sizes across Winnipeg. The more relevant comparison is the "Same area" average ($45.80k for assessment), where this home is still below average, reinforcing its position as a lower-assessed property in its own neighbourhood.

5. How can I find out the exact past sale prices?
The exact sold prices are not publicly displayed. The listing service offers to provide them manually via email request, promising to reply by the end of the same day without using your email for unsolicited marketing.

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