Property score
80.6
Excellent
Overall 80.6 · Newer than most nearby homes
1,404 sqft (top 39%) · Built in 2015 (40 yrs newer than avg)
Located in a high-income area with median household income of ~106k
Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 8 dining spots, 1 school, 1 healthcare facility, and 2 shops nearby
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Above average
40 yrs newer than neighborhood avg.
Mother tongue
English · 76%French · 6%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
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80.6 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: #46111002
$106K
Median household income
$113K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
17%
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 Riverbend Avenue — 22 amenities found within 500 m, across 8 categories, including 8 dining (nearest 236 m), 1 education (nearest 326 m), 1 healthcare (nearest 251 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 | Top 14% | Top 20% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
31 Riverbend Avenue is a well-situated home in Winnipeg's Minnetonka neighbourhood. Built in 2015, it stands out as a significantly newer construction compared to most homes in the area. With 1,404 square feet of living space and a 6,836 square foot lot, it offers comfortable, modern living on a property that is above average in size for the city. Its assessed value is notably higher than many of its immediate neighbours, suggesting quality finishes or desirable features.
Key Characteristics & Appeal
The primary appeal of this property lies in its modern build within an established neighbourhood. As a 2015 construction, it ranks in the top 2% for year built on its own street and the top 1% in Minnetonka, meaning it likely requires less immediate maintenance and incorporates contemporary building standards and layouts. While the living space is average for the area, the lot size is generous city-wide (top 18%), offering good outdoor potential.
This home would particularly suit buyers who want a newer, move-in-ready property without sacrificing the mature setting of an established community. It’s ideal for those who prioritize modern systems and design but may not need an oversized house. The above-average assessed value, both locally and city-wide, indicates a property that holds its worth well, appealing to value-conscious buyers looking for a sound investment in a stable area.
1. How does the lot size compare practically?
While the lot is slightly smaller than the average on Riverbend Avenue, it is still larger than the typical Winnipeg lot. This offers a good balance—enough space for a deck, garden, or play area without the extensive upkeep of a much larger yard.
2. What does the "Elite" ranking for year built actually mean?
This statistical ranking highlights that the home is one of the newest on the street and in the wider Minnetonka area, where the average home was built in the 1970s. This suggests less likelihood of aging roof, window, or major system replacements in the near term.
3. The assessed value is high for the street. What could explain this?
A higher assessment than neighbouring homes typically reflects the property's newer construction, potentially better condition, and modern amenities. It’s a formal valuation for tax purposes, not a market price, but it often correlates with a strong market value.
4. What is the neighbourhood character like?
The data shows Riverbend Avenue is a mixed-street with homes of varying ages and sizes. This newer home sits among older properties, offering a modern living experience in a traditional, settled community.
5. Where can I see more detailed context for this property?
You can open the neighbourhood analysis page to view this home on a map alongside nearby houses, comparing details like year built, lot size, and assessed value directly with its immediate neighbours.
