Property score
66.3
Good
Overall 66.3 · Smaller than most nearby homes
1,032 sqft (bottom 24%) · Built in 1973 (2 yrs older than avg)
Located in a high-income area with median household income of ~104k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 4 parks nearby
Living Area
Below average
28% smaller than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 77%French · 6%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
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66.3 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: #46110996
$104K
Median household income
$112K
Average household income
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
20%
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
291 Riel Avenue — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 111 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 | Bottom 38% | Bottom 37% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 291 Riel Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a practical, no-frills home built in 1973, situated on a standard-sized lot in the Minnetonka neighbourhood. Its key characteristic is its modest scale: at 1,032 sqft, the living area is consistently below average for the street, the area, and the wider city, indicating a compact and likely efficient layout. The assessed value is modest and sits around the average for its immediate street, suggesting a manageable entry point into the market.
The appeal lies in its straightforwardness and potential as a starter home or a downsizing opportunity. For buyers, it represents a chance to enter homeownership without overextending financially, or to secure a lower-maintenance property. It would suit a first-time buyer comfortable with a cozier space, an investor looking for a rental property, or someone seeking a simpler living arrangement. A less obvious perspective is that a home of this size and vintage, while not standout in any metric, offers a stable and predictable footprint in a mature neighbourhood, which can be appealing for those prioritizing budget certainty over premium features.
Section 2: Frequently Asked Questions
1. Is this a small house?
Yes. At 1,032 square feet, it is notably smaller than most comparable homes on its street, in Minnetonka, and across Winnipeg.
2. What does the assessed value tell me about the price?
The assessed value is a municipal figure for tax purposes and is not the market price. However, its modest level—around average for the street but below average for the area—suggests a lower-value property, which typically correlates with a more affordable listing price.
3. How does the lot size compare?
The lot of 5,697 sqft is around average for the city but below average for the Minnetonka area. This means you have a decent outdoor space, though it may not be as large as some others in the immediate neighbourhood.
4. When was it last sold, and for how much?
Public records indicate a sale between 2020 and 2025, with a price range of CA$300,000–$350,000. The exact sale price is available upon request from the listing service.
5. Are homes from 1973 a concern?
Being over 50 years old, major components like the roof, windows, furnace, and plumbing may be near or past their typical lifespan. A thorough inspection is essential to understand the home's current condition and potential upcoming investments.
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