69.9
Good
Property score
69.9
Good
Overall 69.9
Compared with neighbourhood average
1,116 sqft (bottom 36%)
Built in 1975
Located in a high-income area
with median household income of ~104k
Transit 80.0
4-min walk to transit with 3 nearby routes
Within 500m: 7 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Near average
0 yrs newer than neighborhood avg.
Mother tongue
English · 77%French · 6%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
69.9 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
366 Riel Avenue — 7 amenities found within 500 m, across 1 categories, including 7 parks (nearest 129 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 30% | Top 40% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 366 Riel Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 366 Riel Avenue in the Minnetonka neighbourhood presents a practical and straightforward ownership opportunity. Built in 1975, it is notably newer than many homes on its own street, which can be an advantage for maintenance and systems. With 1,116 sqft of living space and a 6,052 sqft lot, the property offers a comfortable footprint for a small family, couple, or first-time buyer. The lot size is actually above average when compared to the wider city, suggesting a decent amount of private outdoor space.
The primary appeal lies in its position as a solid, average home within its context. The data shows it consistently ranks in the middle ranges for size, value, and lot when compared to its immediate area and the city. This indicates a property that is neither over-improved nor under-improved for its neighbourhood, which can mean stability and predictable value. Its last known sale was in the 2023 range of $400k-$450k.
This home would best suit buyers looking for a move-in ready, no-surprises property in a mature neighbourhood. It’s ideal for those who prioritize a sensible layout and yard space over high-end finishes or premium square footage. It represents a pragmatic choice for someone entering the market or downsizing, offering the fundamentals of homeownership without the premium price tag of a top-tier ranked property.
Section 2: Frequently Asked Questions
1. How does this home’s assessed value relate to its likely market price?
The assessed value is a municipal figure for tax purposes and is often significantly lower than market value. The 2023 sale price range of $400k-$450k is a much more current indicator of its market worth.
2. Is the living space smaller than average?
At 1,116 sqft, it is somewhat smaller than the average home on Riel Avenue (~1,202 sqft) and in Minnetonka (~1,439 sqft). This points to a efficient, likely bungalow or smaller two-story layout, which can mean lower utility costs and less upkeep.
3. What does it mean that the home is “newer” than others on the street?
Being built in 1975 ranks it in the top 15% for year built on Riel Avenue. This relative newness suggests potentially fewer issues with aging infrastructure (like plumbing or electrical) found in older homes, which can be a thoughtful advantage.
4. How does the lot size compare?
While the lot is slightly smaller than others in Minnetonka, it ranks above average city-wide. This means you’re getting a yard that is more generous than many Winnipeg properties, a valuable feature for privacy, gardening, or outdoor living.
5. What can the neighbourhood rankings tell me?
The rankings show this home is consistently mid-pack—not the largest or most valuable, but also not the smallest. This can be seen as a positive, indicating it fits well within the community and is less likely to be overpriced or an outlier, offering a balanced investment.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
