Property score
64.3
Fair
Overall 64.3 · Smaller than most nearby homes
997 sqft (bottom 21%) · Built in 1974 (1 yr older than avg)
Located in a high-income area with median household income of ~112k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 2 healthcare facilitys, and 1 shop nearby
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 77%French · 8%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
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64.3 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: #46111001
$112K
Median household income
$157K
Average household income
6%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.0
P90 / P10 ratio
18%
Single-person households
34%
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
31 Nicollet Avenue — 13 amenities found within 500 m, across 7 categories, including 1 dining (nearest 153 m), 1 education (nearest 471 m), 2 healthcare (nearest 257 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 40% | Bottom 39% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 31 Nicollet Avenue, Winnipeg
Key Characteristics & Appeal
This single-family home in Minnetonka presents a practical opportunity with a specific value proposition. Built in 1974, it is a home of average age for its area. Its key characteristic is a noticeable contrast between its modest, below-average living space (997 sq ft) and its solid, average-sized lot (5,567 sq ft). In fact, the lot size ranks well above average for Nicollet Avenue itself. This creates a distinct dynamic: the interior is compact and efficient, while the yard offers above-average outdoor potential for the immediate street.
The appeal lies in this balance. The assessed value is consistently around the average mark for the neighbourhood and city, suggesting a stable, mid-market entry point into homeownership. It suits buyers who prioritize land space over interior square footage—perhaps first-time buyers, downsizers, or investors looking for a manageable property with room for a garden, storage, or future expansion. It’s a home for those who see value in the lot itself and are comfortable with a cozier interior layout, offering a chance to live in an established neighbourhood without a premium price tag.
Frequently Asked Questions
1. Is the house smaller than others in the area?
Yes. At 997 sq ft, the living area is below the average for both Nicollet Avenue and the wider Minnetonka neighbourhood.
2. What is the potential for expansion or renovation?
The lot size is a significant asset here. While the house is compact, the above-average yard for the street could provide space for an addition, a large deck, or a garage, subject to local zoning and permit approvals.
3. How does the assessed value compare to the last sale price?
The home sold for an estimated $350k–$400k in 2021. Its current assessed value is $38,900. It’s important to consult with a real estate professional to understand current market value, as assessed value for tax purposes often differs significantly from resale value.
4. What does the "ranking" data mean for livability?
The rankings show how this property compares statistically to others. For example, living space ranks lower, but the lot ranks higher on its street. This quantifies the trade-off: you get more land but less house for the area.
5. Where can I see more context about the neighbourhood?
A detailed neighbourhood analysis map is available, allowing you to see nearby homes and compare their year built, size, and values directly. This helps visualize where 31 Nicollet Avenue fits within the community fabric.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
