76.5
Good
Property score
76.5
Good
Overall 76.5
Compared with neighbourhood average
1,204 sqft (bottom 47%)
Built in 1974 (1 yr older 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: 1 healthcare facility, and 8 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
16% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 73%French · 5%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
76.5 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: #46110999
$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
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
317 River Road — 9 amenities found within 500 m, across 2 categories, including 1 healthcare (nearest 452 m), 8 parks (nearest 99 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 39% | Top 29% | Top 26% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 37% | Bottom 38% | Top 47% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 317 River Road, Minnetonka, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 317 River Road is a practical, mid-century property built in 1974, situated on a generous 7,514 sqft lot. With 1,204 sqft of living space, it offers a comfortable footprint that is slightly below average for its immediate street but aligns closely with the typical Winnipeg home. Its assessed value is notably modest compared to city-wide averages, suggesting a potentially accessible entry point into the Minnetonka neighborhood.
The primary appeal lies in its balance of space and value. The lot size is a standout feature, offering above-average outdoor space for the city, which is a significant advantage for gardening, recreation, or future expansion. The home’s position on River Road places it among established properties, and its recent sale history indicates steady market interest. It suits first-time buyers seeking a manageable home with a sizable yard, value-oriented investors, or downsizers looking for a single-level living opportunity without sacrificing outdoor privacy. A thoughtful perspective is that this property represents a "blank canvas" opportunity—its average metrics across the board mean it isn't paying a premium for top-tier finishes or size, allowing a new owner to add value through updates tailored to their taste.
Section 2: Frequently Asked Questions
1. How does the home's size compare to others in the area?
At 1,204 sqft, the living area is smaller than the average home on River Road but is very close to the average for both the wider Minnetonka area and the city of Winnipeg as a whole, making it a typically sized family home.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value for tax purposes is $39,900, which is significantly lower than recent sold price ranges (e.g., $400k-$450k in 2021). Market value is driven by recent sales, location, and condition, so the assessed value should not be used as a price guide.
3. What is the significance of the lot size?
The 7,514 sqft lot is a key asset. While around average for the street, it places in the top 13% city-wide, meaning you get more outdoor space than most Winnipeg properties—a valuable feature for privacy, landscaping, or potential additions.
4. The home was last sold in 2021. What does that recent activity suggest?
The sale in 2021 (and prior in 2017) shows consistent marketability. The increase in sold price range between 2017 and 2021 also reflects broader market trends, indicating the property has maintained its appeal.
5. Where can I find more detailed context about the neighborhood?
For a precise analysis comparing this property to its immediate neighbors in terms of year built, size, value, and lot size, you can use the dedicated neighbourhood map analysis tool linked on the property page.
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.
