37 Riel Avenue

Minnetonka, ਵਿਨੀਪਿਗ

Property score

59.5

Fair

Overall 59.5 · Older than most nearby homes

1,214 sqft (bottom 47%) · Built in 1921 (54 yrs older than avg)

Located in a above-average income area with median household income of ~66.5k

Transit 100.0 · 1-min walk to transit with 5 nearby routes · Within 500m: 9 dining spots, 1 school, 2 healthcare facilitys, and 3 shops nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Near average

16% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Below average

54 yrs older than neighborhood avg.

Mother tongue

English · 70%French · 7%

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

59.5 is composed by the two sections below.

Property Score

55.8Fair
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ66
1,214 sqftGood
ਤਰੀਕ ਤੋਂ ਬਣਿਆ20
1921Low
ਜ਼ਮੀਨ74
5,559 sqftGood
Neighbourhood Sales Activity23
Low

Community Score

65.1Good
Household Income68
Good
Education Level72
Good
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health28
Low

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Minnetonka

How to read: Share of sales in each ~$50k price band for “minnetonka” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46111003

Community deep dive

$67K

Median household income

$77K

Average household income

25%

Low income (LIM-AT)

0.3

Income inequality (Gini)

5.4

P90 / P10 ratio

25%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)534
Labour force participation rate46%
Median age37.6
Avg household size2.5
Unemployment rate14%
Population density2670 / km²

Households & income

Low income (LIM-AT, % pop.)25%
Single-person households25%
Couple families with children23%
Median household income (2020)$67K

Housing

Renter households46%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)25%
Visible minority28%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 69%
Mother tongue (2nd)French · 6%

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

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ
1,214 sqft
0255075100
Same streetਟਾਪ 33%Same areaਹੇਠਲੇ 47%Citywideਟਾਪ 49%
Same street · Riel Avenue
#49 / 149
ਟਾਪ 33% · ਔਸਤ 1,202 sqft
Same area · Minnetonka
#802 / 1,515
ਹੇਠਲੇ 47% · ਔਸਤ 1,439 sqft
Citywide · ਵਿਨੀਪਿਗ
#95,002 / 194,458
ਟਾਪ 49% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
247k
0255075100
Same streetਹੇਠਲੇ 1%Same areaਹੇਠਲੇ 1%Citywideਹੇਠਲੇ 16%
Same street · Riel Avenue
#149 / 149
ਹੇਠਲੇ 1% · ਔਸਤ 386.8k
Same area · Minnetonka
#1,508 / 1,515
ਹੇਠਲੇ 1% · ਔਸਤ 458.1k
Citywide · ਵਿਨੀਪਿਗ
#162,409 / 194,458
ਹੇਠਲੇ 16% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
1921
0255075100
Same streetਹੇਠਲੇ 1%Same areaਹੇਠਲੇ 1%Citywideਹੇਠਲੇ 13%

ਜ਼ਮੀਨ

ਔਸਤ
5,559 sqft
0255075100
Same streetਹੇਠਲੇ 28%Same areaਹੇਠਲੇ 18%Citywideਟਾਪ 41%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

37 Riel Avenue — 24 amenities found within 500 m, across 8 categories, including 9 dining (nearest 123 m), 1 education (nearest 226 m), 2 healthcare (nearest 336 m).

Search radius
🍽️Dining9
🏫Education1
🏥Healthcare2
🛒Shopping3
🌳Parks3
🏦Finance4
Fuel Stations1
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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

7/2016 ਵਿਚ ਵਿਕਿਆCA$200k–250k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 1%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 1%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 16%

Related homes

ਵਿਨੀਪਿਗ 37 Riel Avenue — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 37 Riel Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a distinct profile defined by its vintage and value. Built in 1921, it is notably older than most homes in its immediate area and across Winnipeg. With 1,214 sqft of living space, the house offers a practical footprint that is quite typical for the local street but slightly more compact compared to broader area averages. The lot size of 5,559 sqft is manageable, offering outdoor space without the burden of extensive upkeep.

The primary appeal lies in its financial accessibility. The assessed value is significantly below average for the street, neighborhood, and city, indicating a lower property tax burden and a potentially attractive entry point into the market. This creates an opportunity for buyers comfortable with the character and potential considerations of an older home.

This property would best suit a practical first-time buyer, an investor looking for a rental property with a strong value basis, or a hands-on individual who appreciates historic charm and is prepared for the maintenance that comes with a century-old structure. It’s a home for those who prioritize financial efficiency and location over modern size and newer construction.

Section 2: Frequently Asked Questions

1. What does the "below average" assessed value mean for me?
A lower assessed value typically translates to lower municipal property taxes, which is a recurring cost saving. It generally reflects the home's age, size, and condition relative to others. It's a key indicator of the home's value proposition.

2. As a 105-year-old home, what should I be prepared for?
While offering classic character, a home of this age will likely have older infrastructure. A thorough inspection is essential to understand the condition of major systems like plumbing, electrical, and the foundation. Budgeting for updates and maintenance should be part of your planning.

3. The living area is described as "around average." Is the space adequate?
At just over 1,200 sqft, the layout is efficient and comparable to many other homes on the street. It is sufficient for a small family or couple but may feel compact compared to newer suburban builds. Consider how the space flows and fits your specific needs.

4. How does the lot size compare, and what are the implications?
The lot is smaller than many in the Minnetonka area but is close to the city-wide average. This means a smaller yard to maintain, which can be an advantage for those seeking low-maintenance outdoor space, but offers less privacy and room for expansion than larger lots.

5. Why is the exact historical sale price not listed publicly?
Precise sale price data is not always publicly recorded in Manitoba. The provided range is estimated from available market data. You can request the exact historical sale price via the provided email service for verified transaction details.