338 Avalon Road

Minnetonka, Winnipeg

Property score

54.9

Fair

Overall 54.9 · Smaller than most nearby homes

720 sqft (bottom 2%) · Built in 1972 (3 yrs 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: 5 parks nearby

Living Area

Below average

50% smaller than neighborhood avg.

Year Built

Below average

3 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

54.9 is composed by the two sections below.

Property Score

36.0Low
Living Area720 sqft22Low
Year Built197258Fair
Lot Size5,397 sqft67Good
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
720 sqft
0255075100
Same streetBottom 5%Same areaBottom 2%CitywideBottom 5%
Same street · Avalon Road
#121 / 127
Bottom 5% · Avg 1,300 sqft
Same area · Minnetonka
#1,481 / 1,515
Bottom 2% · Avg 1,439 sqft
Citywide · Winnipeg
#184,672 / 194,458
Bottom 5% · Avg 1,342 sqft

Tax-Assessed Value

around average
362k
0255075100
Same streetBottom 24%Same areaBottom 20%CitywideTop 50%
Same street · Avalon Road
#96 / 127
Bottom 24% · Avg 419.4k
Same area · Minnetonka
#1,217 / 1,515
Bottom 20% · Avg 458.1k
Citywide · Winnipeg
#96,445 / 194,458
Top 50% · Avg 390.1k

Year Built

around average
1972
0255075100
Same streetBottom 48%Same areaBottom 37%CitywideTop 45%

Lot Size

around average
5,397 sqft
0255075100
Same streetBottom 6%Same areaBottom 12%CitywideTop 46%

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

338 Avalon Road — 5 amenities found within 500 m, across 1 categories, including 5 parks (nearest 32 m).

Search radius
🌳Parks5

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 6/2022CA$300k–350k
Sold price

Same street

Bottom 41%

Same area

Bottom 31%

City-wide

Bottom 49%

Related homes

Highlights & common questions: 338 Avalon Road, Winnipeg

Property Overview: 338 Avalon Road, Winnipeg

Section 1: Key Characteristics & Appeal

This 720 sqft bungalow, built in 1972, presents a straightforward, entry-level opportunity in Winnipeg’s Minnetonka neighbourhood. Its key characteristic is its compact scale, with a living area significantly below average for its immediate street and wider area. The lot size of 5,397 sqft is also modest for the local context but aligns more closely with typical city-wide lots.

The primary appeal lies in its accessibility. With an assessed value notably below local averages and a recent (2022) sale in the $300k-$350k range, it represents one of the more affordable detached housing options in the city. This is a property for practical, cost-conscious living rather than luxury. It would suit first-time buyers seeking a foothold in the market, investors looking for a rental property with lower entry costs, or downsizers wanting a manageable, single-level home without a large yard to maintain. A thoughtful perspective is that its below-average size and value metrics could mean lower property taxes and utility costs, offering long-term affordability beyond the purchase price. Its average age for the city suggests it fits a well-established neighbourhood fabric without the uncertainties of much older or newer construction.

Section 2: Frequently Asked Questions

1. Is the living area too small?
At 720 sqft, the home is compact. It’s best suited for individuals, couples, or small families comfortable with efficient living spaces. The size is a direct factor in its affordability.

2. How does the assessed value compare to the likely selling price?
The assessed value is $36,200k, which is a municipal valuation for tax purposes. The home sold for between $300,000 and $350,000 in 2022, indicating that market value is significantly higher, as is common.

3. What does the lot size mean for potential expansion or gardening?
The 5,397 sqft lot is smaller than many on Avalon Road but is still a decent size for a city yard. It may allow for a garden or patio space, but any significant home expansion would require careful planning due to the existing home’s footprint.

4. Are there comparable recent sales to gauge value?
The listing provides nearby and similarly assessed properties for comparison. For example, 6 Oakleaf Drive (720 sqft, 1973) and 384 Avalon Road (1,597 sqft, 1978) offer context on size and value within Minnetonka.

5. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed. The listing service offers to provide this information manually via email request at no cost, with a same-day turnaround.

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