32 Minnetonka Street

Minnetonka, Winnipeg

Property score

63.3

Fair

Overall 63.3 · Smaller than most nearby homes

960 sqft (bottom 16%) · Built in 1972 (3 yrs older than avg)

Located in a high-income area with median household income of ~97k

Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby

Living Area

Below average

33% smaller than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 69%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

63.3 is composed by the two sections below.

Property Score

49.0Low
Living Area960 sqft42Low
Year Built197258Fair
Lot Size5,674 sqft74Good
Neighbourhood Sales Activity23Low

Community Score

84.7Excellent
Household Income83Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110995

Community deep dive

$97K

Median household income

$114K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

21%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)363
Labour force participation rate70%
Median age38.8
Avg household size2.6
Unemployment rate13%
Population density3025 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households21%
Couple families with children35%
Median household income (2020)$97K

Housing

Renter households11%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority22%
Bachelor's or higher (25–64)47%
Mother tongue (1st)English · 69%
Mother tongue (2nd)French · 5%

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 21%Same areaBottom 16%CitywideBottom 22%
Same street · Minnetonka Street
#33 / 42
Bottom 21% · Avg 1,177 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
365k
0255075100
Same streetBottom 40%Same areaBottom 22%CitywideTop 49%
Same street · Minnetonka Street
#25 / 42
Bottom 40% · Avg 386.7k
Same area · Minnetonka
#1,189 / 1,515
Bottom 22% · Avg 458.1k
Citywide · Winnipeg
#94,553 / 194,458
Top 49% · Avg 390.1k

Year Built

around average
1972
0255075100
Same streetTop 43%Same areaBottom 37%CitywideTop 45%

Lot Size

around average
5,674 sqft
0255075100
Same streetBottom 45%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

32 Minnetonka Street — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 495 m), 3 parks (nearest 222 m).

Search radius
🏫Education1
🌳Parks3

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 1/2025CA$400k–450k
Sold price

Same street

Top 21%

Same area

Top 38%

City-wide

Top 31%

Related homes

Highlights & common questions: 32 Minnetonka Street, Winnipeg

Property Overview

This home at 32 Minnetonka Street presents a practical, value-oriented opportunity in Winnipeg. Built in 1972, it sits on a roughly 5,700 sqft lot and offers 960 sqft of living space. Its most notable feature is its assessed value of $36,500, which is notably lower than many city-wide comparisons. Recent sales data indicates it sold for between $400,000 and $450,000 in 2025, suggesting a significant market premium over its official assessment.

The appeal here lies in its potential as an affordable entry point into homeownership or as a straightforward investment property. The lot size offers room for future expansion or outdoor use, which adds value given the home's smaller interior footprint. It would suit first-time buyers comfortable with a home that may require updates, or investors looking for a property with a strong ratio of market value to tax assessment. A less obvious perspective is that its "below average" size compared to the neighborhood could mean lower utility and maintenance costs, appealing to those seeking efficiency over square footage.

Frequently Asked Questions

1. Why is there such a large gap between the assessed value ($36.5k) and the recent sold price (~$400k-450k)?
Property assessments in Manitoba are primarily for municipal tax purposes and are not intended to reflect current market value. The market price is driven by buyer demand, property condition, and local sales trends.

2. What does the "below average" living area ranking mean for me?
With 960 sqft ranking below the local and city averages, this home is more compact. It's suitable for individuals, couples, or small families, and may require creative use of space or planned renovations to expand.

3. Is the 1972 build date a concern?
A home from 1972 is of average age for its area. While major systems like roof, wiring, or plumbing may have been updated, a thorough inspection is recommended to identify any needs specific to homes of this era.

4. How does the lot size compare and what does it offer?
At 5,674 sqft, the lot is around average city-wide but slightly smaller than others in the immediate Minnetonka area. It still provides decent outdoor space for gardening, recreation, or potential additions, which is a key asset.

5. How can I get the exact historical sold price for this property?
The exact sold price is not publicly listed. As noted on the detail page, you can provide your email address to request this information directly from the site; they provide the accurate figure manually without using your email for marketing.

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