Property score
66.3
Good
Overall 66.3 · Smaller than most nearby homes
1,040 sqft (bottom 28%) · 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: 6 parks nearby
Living Area
Below average
28% 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)
457
410k
$369/sqft
1975
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66.3 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
335 Riel Avenue — 6 amenities found within 500 m, across 1 categories, including 6 parks (nearest 29 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 40% | Top 49% | Top 40% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 34% | Bottom 29% | Bottom 48% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 10% | Bottom 7% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This home at 335 Riel Avenue is a 1,040 sqft bungalow built in 1973, situated on a 5,596 sqft lot in Winnipeg's Minnetonka neighbourhood. Its primary appeal lies in its position as a competitively priced, manageable-sized property within a mature, established area. The data suggests it is a home that offers practicality over grandeur, with a living area and lot size that are generally below the averages for its immediate area but align more closely with broader city-wide norms.
A key, less obvious perspective is its relative affordability within its own streetscape. The assessed value ranks in the lower third on Riel Avenue itself, indicating it may represent a more accessible entry point into this specific street compared to its neighbours. The home suits first-time buyers seeking a solid starter home with lower property taxes, downsizers looking for a manageable space without leaving a familiar type of neighbourhood, or value-focused investors interested in a rental property with a stable assessment history. Its recent sale history shows steady price appreciation, suggesting a stable market perception.
Frequently Asked Questions
1. How does this home's size compare to others nearby?
At 1,040 sqft, the living area is smaller than the average home in both the Minnetonka area and on Riel Avenue itself. This typically translates to lower utility costs and less maintenance, but may mean tighter living quarters than some neighbouring properties.
2. What does the assessed value tell me about the property taxes?
With an assessed value of $36,200, this home is below the average for Minnetonka. This generally indicates a correspondingly lower annual property tax bill compared to many homes in the wider neighbourhood, which is a key ongoing cost savings.
3. The home was built in 1973. What should I consider?
A home of this age will likely have had major components like the roof, windows, and furnace updated or nearing their lifespan. A thorough inspection is crucial to understand the condition of these systems and plan for any necessary modernizations.
4. The lot is under 6,000 sqft. What are the pros and cons?
The 5,596 sqft lot is below the area average, meaning less yard maintenance. It may offer less privacy or space for large additions, decks, or pools compared to neighbours, but can be ideal for those who prefer a low-maintenance outdoor space.
5. How have the sold prices trended for this property?
The home has sold three times since 2022, with each sale price range higher than the last (from $250k-$300k, to $300k-$350k, to $350k-$400k). This indicates strong upward momentum in its market value over a short period, a positive sign for equity growth.
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