31 Ravine Drive

Minnetonka, Winnipeg

Property score

89.1

Excellent

Overall 89.1 · Larger and newer than most nearby homes

2,099 sqft (top 13%) · Built in 1992 (17 yrs newer than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 healthcare facility, and 5 parks nearby

Living Area

Above average

46% larger than neighborhood avg.

Year Built

Above average

17 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

89.1 is composed by the two sections below.

Property Score

86.9Excellent
Living Area2,099 sqft94Excellent
Year Built199281Excellent
Lot Size7,259 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
2,099 sqft
0255075100
Same streetBottom 29%Same areaTop 13%CitywideTop 9%
Same street · Ravine Drive
#41 / 58
Bottom 29% · Avg 2,266 sqft
Same area · Minnetonka
#204 / 1,515
Top 13% · Avg 1,439 sqft
Citywide · Winnipeg
#16,598 / 194,458
Top 9% · Avg 1,342 sqft

Tax-Assessed Value

above average
606k
0255075100
Same streetBottom 45%Same areaTop 11%CitywideTop 8%
Same street · Ravine Drive
#32 / 58
Bottom 45% · Avg 635.3k
Same area · Minnetonka
#173 / 1,515
Top 11% · Avg 458.1k
Citywide · Winnipeg
#14,602 / 194,458
Top 8% · Avg 390.1k

Year Built

above average
1992
0255075100
Same streetTop 38%Same areaTop 9%CitywideTop 21%

Lot Size

above average
7,259 sqft
0255075100
Same streetTop 31%Same areaTop 40%CitywideTop 15%

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

31 Ravine Drive — 6 amenities found within 500 m, across 2 categories, including 1 healthcare (nearest 387 m), 5 parks (nearest 94 m).

Search radius
🏥Healthcare1
🌳Parks5

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 6/2017CA$500k–550k
Sold price

Same street

Bottom 11%

Same area

Top 17%

City-wide

Top 15%

Related homes

Highlights & common questions: 31 Ravine Drive, Winnipeg

Property Overview: 31 Ravine Drive, Minnetonka, Winnipeg

Key Characteristics & Appeal

This home at 31 Ravine Drive presents a compelling blend of space, location, and value. Built in 1992, it offers 2,099 sqft of living area on a 7,259 sqft lot. The data reveals its strongest appeal is its relative size and value within the broader Winnipeg market. While the home is slightly below the average size for its own street, it ranks within the top 13% of homes in the Minnetonka area and the top 9% city-wide for living space, offering more room than most Winnipeg properties. Similarly, its assessed value is above average for both the area and the city. This positions it as a spacious, established home in a neighbourhood of comparable properties, potentially offering more interior space for your dollar than you’d find in many other parts of the city.

The property would suit buyers looking for a well-sized family home in a mature neighbourhood without a premium street price. It’s ideal for someone who values space over having the newest home on the block and appreciates a lot that provides room for gardens or outdoor living. A thoughtful perspective is that its "average" standing on Ravine Drive itself suggests a harmonious streetscape without extreme outliers, which can contribute to stable property values and a consistent community feel.

Frequently Asked Questions

1. How does this home’s size truly compare to others?
While it’s slightly smaller than the average home on Ravine Drive, it is significantly larger than typical homes in both the wider Minnetonka area and across Winnipeg, ranking in the top 10-15% city-wide for living area.

2. What does the assessed value indicate?
With an assessed value of $60,600, this home is above the average for both Minnetonka and Winnipeg. On its own street, it is very close to the average, suggesting it is priced in line with its immediate neighbours.

3. Is the lot a good size?
At just over 7,250 sqft, the lot is above the city-wide average. It is typical for both the street and the local area, providing ample outdoor space without being an outlier in terms of maintenance.

4. When was it last sold and for how much?
Public records indicate a sale between 2016 and 2025, with a price range of CA$500k–550k in 2017. For the exact sale price, you can request details via email from the listing service.

5. How can I understand these neighborhood comparisons better?
You can open the provided neighbourhood analysis page to see this property on a map alongside nearby homes, comparing details like year built, living area, and lot size visually and in detail.

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.