308 River Road

Minnetonka, Winnipeg

Property score

86.9

Excellent

Overall 86.9 · Larger and newer than most nearby homes

1,854 sqft (top 20%) · Built in 1990 (15 yrs newer than avg)

Located in a high-income area with median household income of ~146k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 6 parks nearby

Living Area

Above average

29% larger than neighborhood avg.

Year Built

Above average

15 yrs newer than neighborhood avg.

Mother tongue

English · 73%French · 5%

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

86.9 is composed by the two sections below.

Property Score

83.3Excellent
Living Area1,854 sqft89Excellent
Year Built199078Good
Lot Size7,424 sqft88Excellent
Neighbourhood Sales Activity23Low

Community Score

92.3Excellent
Household Income93Excellent
Education Level91Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110999

Community deep dive

$146K

Median household income

$218K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.4

P90 / P10 ratio

10%

Single-person households

36%

Families with children

Population, labour & age

Population (2021)537
Labour force participation rate67%
Median age49.6
Avg household size2.8
Unemployment rate5%
Population density1917 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households10%
Couple families with children36%
Median household income (2020)$146K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$548K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority20%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

above average
1,854 sqft
0255075100
Same streetTop 27%Same areaTop 20%CitywideTop 15%
Same street · River Road
#49 / 180
Top 27% · Avg 1,664 sqft
Same area · Minnetonka
#305 / 1,515
Top 20% · Avg 1,439 sqft
Citywide · Winnipeg
#29,506 / 194,458
Top 15% · Avg 1,342 sqft

Tax-Assessed Value

above average
461k
0255075100
Same streetTop 37%Same areaTop 31%CitywideTop 26%
Same street · River Road
#67 / 180
Top 37% · Avg 505.1k
Same area · Minnetonka
#469 / 1,515
Top 31% · Avg 458.1k
Citywide · Winnipeg
#51,472 / 194,458
Top 26% · Avg 390.1k

Year Built

above average
1990
0255075100
Same streetTop 11%Same areaTop 11%CitywideTop 22%

Lot Size

above average
7,424 sqft
0255075100
Same streetBottom 47%Same areaTop 37%CitywideTop 14%

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

308 River Road — 6 amenities found within 500 m, across 1 categories, including 6 parks (nearest 93 m).

Search radius
🌳Parks6

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 8/2019CA$350k–400k
Sold price

Same street

Bottom 39%

Same area

Bottom 40%

City-wide

Top 46%

Related homes

Highlights & common questions: 308 River Road, Winnipeg

Property Overview

This home at 308 River Road in Minnetonka presents a practical and above-average offering within its market. Built in 1990, it is notably newer than most homes in the immediate area, which often means fewer concerns about outdated major systems and potential for more modern interior layouts. With 1,854 sqft of living space, it provides more room than the majority of homes in Winnipeg, ranking in the top 15% city-wide for size. The lot, at 7,424 sqft, is also more generous than the typical city lot, offering good outdoor space.

Its appeal lies in this combination of a relatively recent build date and spacious interior, set on a solid lot. The assessed value is positioned around the average for the street and neighbourhood, but ranks above average across the wider city, suggesting the home may represent good value in a broader context. It last sold between $350k-$400k in 2019.

This property would suit buyers looking for a move-in-ready home that doesn’t require the updates common with older properties, and who prioritize interior space and a decent yard. It’s a strong fit for a growing family or someone moving from a smaller home who wants room to spread out without venturing into a massive, high-maintenance property.


Frequently Asked Questions

1. How does this home’s size really compare to others?
At 1,854 sqft, this home is larger than approximately 85% of all homes in Winnipeg. On its own street (River Road), it ranks in the top 27% for living area.

2. What does the 1990 build year imply?
Built in 1990, the home is significantly newer than the average house on its street (avg. 1969) and in Minnetonka (avg. 1975). This typically suggests building materials and standards are more contemporary, and major components like wiring, plumbing, and windows may have more usable life remaining than in a mid-century home.

3. Is the assessed value a reliable indicator of the listing or sale price?
Not directly. The assessed value ( $46.10k ) is for municipal tax purposes. The home’s last sale price was between $350k-$400k in 2019. Market conditions, renovations, and demand ultimately determine the listing price.

4. The lot seems smaller than the area average. Is that a drawback?
While the 7,424 sqft lot is smaller than the average lot on River Road, it is still larger than 86% of lots across the entire city. It offers substantial outdoor space by general urban standards, just not an exceptionally large yard for that specific street.

5. How can I find out the exact past sale prices?
The provider states that exact sold prices are verified manually from their records. You can submit your email via the "Get exact sold price history" button on the detail page for a direct, gimmick-free reply.

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