36 Riverbend Avenue

Minnetonka, Winnipeg

Property score

78.9

Good

Overall 78.9 · Larger but older than most nearby homes

1,734 sqft (top 24%) · Built in 1947 (28 yrs older than avg)

Located in a high-income area with median household income of ~112k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Above average

21% larger than neighborhood avg.

Year Built

Below average

28 yrs older than neighborhood avg.

Mother tongue

English · 77%French · 8%

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

78.9 is composed by the two sections below.

Property Score

73.3Good
Living Area1,734 sqft86Excellent
Year Built194730Low
Lot Size10,240 sqft97Excellent
Neighbourhood Sales Activity23Low

Community Score

87.2Excellent
Household Income89Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46111001

Community deep dive

$112K

Median household income

$157K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.0

P90 / P10 ratio

18%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)420
Labour force participation rate76%
Median age44.0
Avg household size2.6
Unemployment rate10%
Population density1909 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households18%
Couple families with children34%
Median household income (2020)$112K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority15%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 77%
Mother tongue (2nd)French · 8%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,734 sqft
0255075100
Same streetTop 19%Same areaTop 24%CitywideTop 20%
Same street · Riverbend Avenue
#22 / 115
Top 19% · Avg 1,331 sqft
Same area · Minnetonka
#368 / 1,515
Top 24% · Avg 1,439 sqft
Citywide · Winnipeg
#38,092 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
467k
0255075100
Same streetTop 18%Same areaTop 30%CitywideTop 25%
Same street · Riverbend Avenue
#21 / 115
Top 18% · Avg 388.3k
Same area · Minnetonka
#454 / 1,515
Top 30% · Avg 458.1k
Citywide · Winnipeg
#49,403 / 194,458
Top 25% · Avg 390.1k

Year Built

around average
1947
0255075100
Same streetBottom 48%Same areaBottom 7%CitywideBottom 24%

Lot Size

above average
10,240 sqft
0255075100
Same streetTop 24%Same areaTop 17%CitywideTop 6%

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

36 Riverbend Avenue — 18 amenities found within 500 m, across 8 categories, including 4 dining (nearest 274 m), 1 education (nearest 376 m), 1 healthcare (nearest 281 m).

Search radius
🍽️Dining4
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks3
🏦Finance3
Fuel Stations4
Worship1

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 7/2019CA$400k–450k
Sold price

Same street

Top 22%

Same area

Top 39%

City-wide

Top 32%

Related homes

Highlights & common questions: 36 Riverbend Avenue, Winnipeg

Property Overview

This home at 36 Riverbend Avenue in Winnipeg's Minnetonka area presents a compelling mix of space, value, and established character. Built in 1947, its primary appeal lies in its generous proportions relative to its peers. The 1,734 sqft living area is notably above average for the street, neighbourhood, and city. More significantly, the 10,240 sqft lot is a standout feature, placing it in the top 6% citywide for land area, offering substantial outdoor potential.

The home suits buyers looking for a property with room to grow, whether that's for gardening, expansion, or simply enjoying a larger private yard. It's a solid value proposition within its immediate area, with an assessed value that ranks highly on its street. This property would likely attract practical buyers who prioritize interior and exterior space over a newer build, and who see the charm and potential in a well-located, post-war home. It’s a sensible choice for someone wanting more house and land for their investment compared to newer subdivisions, with the understanding that a home of this age may require updates or maintenance.

Frequently Asked Questions

1. How does the 1947 build year affect the property?
While older than most homes in Winnipeg and Minnetonka, the year is typical for Riverbend Avenue itself. This suggests a mature, established streetscape. Buyers should be prepared for the systems and structure of a nearly 80-year-old home, which may require inspection and potential updates, but also often comes with solid construction and mature landscaping.

2. The assessed value seems low compared to the last sold price range. Why?
The assessed value for taxation purposes ($46.70k) is a provincial calculation and is typically much lower than market value. The property last sold between $400k-$450k in 2019, which is a more relevant indicator of its market price. The high ranking of its assessed value on the street indicates it is considered a higher-value home in its immediate area by the assessor.

3. What does the lot size ranking actually mean?
Ranking in the top 6% city-wide for land area is significant. It means that out of nearly 200,000 comparable properties in Winnipeg, only about 6% have a larger lot. This is the home's most distinctive statistical feature, offering rare space for the city.

4. Is the living space efficiently configured?
The data shows the living area is above average, but it doesn't specify the layout. In a 1947 build, the room flow and number of bedrooms/bathrooms may differ from modern open-concept designs. Viewing the floor plan is essential to see if the space meets your needs.

5. How stable is the value in this location?
The home ranks above average for both living area and assessed value on its own street, suggesting it is consistently a stronger performer in its micro-market. This can indicate a stable, desirable pocket within the broader neighbourhood, which is a positive sign for long-term value.

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