365 River Road

Minnetonka, Winnipeg

Property score

74.0

Good

Overall 74.0 · Compared with neighbourhood average

1,200 sqft (bottom 46%) · Built in 1975

Located in a high-income area with median household income of ~117k

Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 1 healthcare facility, and 5 parks nearby

Living Area

Near average

17% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 78%Chinese · 4%

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

74.0 is composed by the two sections below.

Property Score

65.1Good
Living Area1,200 sqft66Good
Year Built197558Fair
Lot Size6,792 sqft85Excellent
Neighbourhood Sales Activity23Low

Community Score

87.4Excellent
Household Income90Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46110997

Community deep dive

$117K

Median household income

$144K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

16%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)390
Labour force participation rate64%
Median age51.2
Avg household size2.5
Unemployment rate13%
Population density2437 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households16%
Couple families with children29%
Median household income (2020)$117K

Housing

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

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority6%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Chinese · 3%

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

Rankings

Living Area

around average
1,200 sqft
0255075100
Same streetBottom 24%Same areaBottom 46%CitywideTop 50%
Same street · River Road
#136 / 180
Bottom 24% · Avg 1,664 sqft
Same area · Minnetonka
#816 / 1,515
Bottom 46% · Avg 1,439 sqft
Citywide · Winnipeg
#97,378 / 194,458
Top 50% · Avg 1,342 sqft

Tax-Assessed Value

around average
396k
0255075100
Same streetBottom 28%Same areaBottom 42%CitywideTop 39%
Same street · River Road
#129 / 180
Bottom 28% · Avg 505.1k
Same area · Minnetonka
#872 / 1,515
Bottom 42% · Avg 458.1k
Citywide · Winnipeg
#76,517 / 194,458
Top 39% · Avg 390.1k

Year Built

around average
1975
0255075100
Same streetTop 32%Same areaTop 34%CitywideTop 40%

Lot Size

above average
6,792 sqft
0255075100
Same streetBottom 38%Same areaTop 49%CitywideTop 19%

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

365 River Road — 6 amenities found within 500 m, across 2 categories, including 1 healthcare (nearest 260 m), 5 parks (nearest 218 m).

Search radius
🏥Healthcare1
🌳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 1/2017CA$250k–300k
Sold price

Same street

Bottom 18%

Same area

Bottom 14%

City-wide

Bottom 37%

Related homes

Highlights & common questions: 365 River Road, Winnipeg

Property Overview: 365 River Road, Winnipeg

Key Characteristics & Appeal

This home at 365 River Road is a practical, mid-century property built in 1975, offering a balance of space and value. With 1,200 square feet of living area, it is a more compact option on its own street but sits close to the city-wide average, suggesting an efficient layout. Its lot size of 6,792 sqft is notably above average compared to the rest of Winnipeg, providing valuable outdoor space that is less common city-wide.

The appeal here is grounded in value and potential. The home's assessed value is below average for River Road, which could indicate an opportunity for buyers comfortable with a property that may require updates or personalization. It suits first-time buyers seeking a foothold in the area, downsizers looking for a manageable home with a generous yard, or value-oriented investors. A thoughtful perspective is that while the home is modest relative to its immediate neighbours, its lot size offers a premium of private outdoor space that is increasingly rare, allowing for gardens, recreation, or future expansion.


Frequently Asked Questions

1. Is the assessed value the same as the market value?
No, the assessed value is used for calculating property taxes and is determined by the municipality. Market value is what a buyer is willing to pay and can be higher or lower based on condition, market trends, and specific buyer demand.

2. How does the home's size compare practically?
At 1,200 sqft, it is smaller than many homes on River Road but near the Winnipeg average. This often means efficient, manageable living spaces with lower utility costs, but it's wise to consider if the layout meets your specific needs for bedrooms, storage, and living areas.

3. What does the above-average lot size mean for me?
An above-city-average lot of 6,792 sqft provides more private outdoor space than many Winnipeg homes. This is a significant asset for privacy, gardening, children or pets, and potential future additions like a shed, deck, or expanded parking.

4. The home was last sold between 2017-2025. How can I find the exact price?
The exact sold price is not publicly displayed due to local regulations. You can request it directly via the "Get exact sold price history" feature on the listing page. The service provider will email you the accurate figure, typically by the end of the same business day.

5. What might "below average" assessed value on the street indicate?
This suggests the property is assessed lower than many neighbours on River Road. This can be due to a variety of factors, including the home's smaller size, age, condition, or specific features. It's a key point to discuss with a real estate agent to understand the implications for both property taxes and purchase price.

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