Property score
62.8
Fair
Overall 62.8 · Smaller and older than most nearby homes
972 sqft (bottom 17%) · Built in 1929 (46 yrs older than avg)
Located in a high-income area with median household income of ~146k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 healthcare facility, and 7 parks nearby
Living Area
Below average
32% smaller than neighborhood avg.
Year Built
Below average
46 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
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62.8 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
337 River Road — 8 amenities found within 500 m, across 2 categories, including 1 healthcare (nearest 371 m), 7 parks (nearest 118 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 | Bottom 11% | Bottom 4% | Bottom 27% |
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 337 River Road presents a distinct profile defined by its vintage character and its land. Built in 1929, it is notably older than most homes in its immediate area and across Winnipeg. With 972 sqft of living space, the house itself is compact, ranking below average in size for the street, neighborhood, and city. This is balanced by a lot size of 6,596 sqft, which is above average city-wide, offering valuable outdoor space.
The primary appeal lies in its potential and location. The very low assessed value, especially relative to the area, suggests a property that may be undervalued or in need of modernization, representing a clear entry point into the Minnetonka area. It suits a specific type of buyer: those looking for a project, whether as a starter home with room to grow (both on the lot and within the older structure) or as a strategic investment. It’s less suited for someone seeking a move-in-ready, spacious modern home. A thoughtful perspective is that while the house ranks low on most metrics for its immediate street, its lot size is a city-wide asset, and its assessed value creates a lower tax burden, which can be a meaningful long-term advantage.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average for comparable homes?
The assessed value is based on the property's specific characteristics, including the age (1929) and smaller living area. The city-wide average includes a vast range of property types and conditions; this home’s assessment reflects its current state and profile within its own market segment.
2. What does the "below average" ranking for Year Built mean for a buyer?
It means this home is significantly older than most in the area. This typically suggests potential for character but also likely requires closer attention to aging components like wiring, plumbing, and insulation during an inspection, and may influence renovation plans or costs.
3. The lot size is above average city-wide but only average for the street. Is that good?
It indicates that while the lot is a strong asset compared to most Winnipeg homes, it is typical for River Road. This means you get the benefit of ample outdoor space without being an outlier, maintaining neighborhood consistency.
4. How reliable are the sold price ranges shown?
The ranges are based on available public data. For the exact historical sold price, you must request it via email. The service is manual, with a promised same-day response and a strict no-spam policy.
5. Who would this property be a good fit for?
It is best suited for buyers comfortable with a project, whether it’s gradual renovation or redevelopment. The combination of a lower price point, a sizable lot, and an older, smaller home makes it ideal for investors, DIY enthusiasts, or first-time buyers willing to trade immediate comfort for long-term potential and location.
