319 Riel Avenue

Minnetonka, Winnipeg

Property score

62.7

Fair

Overall 62.7 · Smaller than most nearby homes

960 sqft (bottom 16%) · Built in 1973 (2 yrs older than avg)

Located in a high-income area with median household income of ~104k

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 4 parks nearby

Living Area

Below average

33% smaller than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 77%French · 6%

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

62.7 is composed by the two sections below.

Property Score

49.0Low
Living Area960 sqft42Low
Year Built197358Fair
Lot Size5,696 sqft74Good
Neighbourhood Sales Activity23Low

Community Score

83.3Excellent
Household Income86Excellent
Education Level72Good
Housing Stress83Excellent
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: #46110996

Community deep dive

$104K

Median household income

$112K

Average household income

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

20%

Single-person households

33%

Families with children

Population, labour & age

Population (2021)385
Labour force participation rate61%
Median age47.6
Avg household size2.5
Unemployment rate0%
Population density2138 / km²

Households & income

Low income (LIM-AT, % pop.)
Single-person households20%
Couple families with children33%
Median household income (2020)$104K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority11%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 76%
Mother tongue (2nd)French · 6%

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

Rankings

Living Area

below average
960 sqft
0255075100
Same streetBottom 11%Same areaBottom 16%CitywideBottom 22%
Same street · Riel Avenue
#132 / 149
Bottom 11% · Avg 1,202 sqft
Same area · Minnetonka
#1,270 / 1,515
Bottom 16% · Avg 1,439 sqft
Citywide · Winnipeg
#150,758 / 194,458
Bottom 22% · Avg 1,342 sqft

Tax-Assessed Value

around average
368k
0255075100
Same streetBottom 35%Same areaBottom 24%CitywideTop 48%
Same street · Riel Avenue
#97 / 149
Bottom 35% · Avg 386.8k
Same area · Minnetonka
#1,157 / 1,515
Bottom 24% · Avg 458.1k
Citywide · Winnipeg
#92,574 / 194,458
Top 48% · Avg 390.1k

Year Built

around average
1973
0255075100
Same streetTop 36%Same areaBottom 49%CitywideTop 43%

Lot Size

around average
5,696 sqft
0255075100
Same streetBottom 36%Same areaBottom 24%CitywideTop 39%

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

319 Riel Avenue — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 102 m).

Search radius
🌳Parks4

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 8/2022CA$350k–400k
Sold price

Same street

Top 34%

Same area

Top 42%

City-wide

Top 34%

Related homes

Highlights & common questions: 319 Riel Avenue, Winnipeg

Property Overview: 319 Riel Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This single-family home at 319 Riel Avenue in the Minnetonka neighbourhood is a practical and affordable entry point into the Winnipeg market. Built in 1973, it sits on a roughly 5,700 sqft lot. With 960 sqft of living space, the home is compact, ranking below the average size for its immediate area and the wider city. This positions it as a more manageable property, potentially with lower utility and maintenance costs.

Its primary appeal lies in its financial accessibility. The home’s assessed value is notably below the area average for Minnetonka, suggesting a lower property tax burden and an attractive price point for budget-conscious buyers. A sale in the 2022-2025 period was recorded in the CA$350k–400k range, which aligns with this profile. The lot size, while smaller than some neighbours, still offers decent outdoor space for a first home or downsizer.

This property would best suit first-time buyers seeking a foothold in the market without overextending themselves, or investors looking for a straightforward rental property. It’s a home that prioritizes function and affordability over size or modern luxury, appealing to those who see value in a solid, no-frills foundation they can live in or build upon over time.

Section 2: Frequently Asked Questions

1. Is this a good value for the area?
Based on the data, the assessed value is below the average for Minnetonka, which typically indicates a lower purchase price and property taxes. This can represent a strong value for buyers focused on affordability within a established neighbourhood.

2. How does the home’s size compare to others?
At 960 sqft, the living area is below average for the street, the Minnetonka area, and the city overall. Buyers should expect a compact layout, which may be ideal for individuals, couples, or those looking to downsize.

3. What can the lot size accommodate?
The 5,696 sqft lot is smaller than many in Minnetonka but is close to the city-wide average. It provides adequate yard space for gardening, recreation, or a small addition, but may not accommodate a large pool or extensive outbuildings.

4. Are sold prices for this home available?
An approximate sold price range (CA$350k–400k) from a recent sale is provided. For the exact historical sold price, you must request it directly via the provided email service on the listing page.

5. What is the neighbourhood context?
The home is on a street with properties of similar age and value. The provided rankings show it sits in the middle of the pack for assessed value on Riel Avenue itself, meaning it fits consistently within its immediate streetscape rather than standing out as an anomaly.

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.