Property score
69.2
Good
Overall 69.2 · Compared with neighbourhood average
1,152 sqft (bottom 42%) · Built in 1974 (1 yr older than avg)
Located in a high-income area with median household income of ~104k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 6 parks nearby
Living Area
Near average
20% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 77%French · 6%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
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69.2 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: #46110996
$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
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
327 Riel Avenue — 6 amenities found within 500 m, across 1 categories, including 6 parks (nearest 58 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 12% | Top 32% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 327 Riel Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 327 Riel Avenue in Minnetonka presents a practical and straightforward opportunity. Built in 1974, it is a newer construction compared to many on its street, which may suggest updated building materials or systems relative to immediate neighbors. With 1,152 sqft of living space, it offers a comfortably sized layout that is very typical for the local area, neither exceptionally large nor small.
The property’s primary appeal lies in its consistency and positioning within a mature neighborhood. The assessed value is firmly in line with area averages, indicating a stable, non-speculative investment. A thoughtful perspective is the lot size: at 5,506 sqft, it is smaller than many in Minnetonka, which could mean less yard maintenance—a potential upside for buyers seeking a manageable outdoor space without the commitment of a large lot.
This home would suit first-time buyers looking for an entry point into an established community, or practical investors seeking a property with values that track steadily with the surrounding market. It’s a home for those who prioritize neighborhood stability over standout features, offering a solid foundation without extreme peaks or valleys in its metrics.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to the neighborhood?
At 1,152 sqft, the living area is very close to the average for both Riel Avenue and the wider Minnetonka area, placing it in the middle range of typical homes here.
2. Is the assessed value unusually high or low?
No, the assessed value of $38,800 is consistently around the average for the street, the Minnetonka area, and even city-wide when compared to similar homes. This suggests a stable, market-appropriate valuation.
3. The home sold between 2022-2025. What does that recent sale indicate?
The sold price range from 2022 placed it in the top 12% for its street at that time, indicating it may have been a particularly desirable property or sale on Riel Avenue in recent years, despite its otherwise average characteristics today.
4. What should I know about the lot size?
The land area of 5,506 sqft is notably smaller than many lots in the Minnetonka area. This could be a positive for lower maintenance, but may limit expansion possibilities or spacious outdoor activities compared to neighbors.
5. How can I get the exact historical sold price?
The provider offers a manual service to share the exact sold price via email upon request, stating they aim to reply by the end of the same day and will not use contact details for unsolicited marketing.
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