Property score
69.9
Good
Overall 69.9 · Compared with neighbourhood average
1,120 sqft (bottom 38%) · 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
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
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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
374 Riel Avenue — 7 amenities found within 500 m, across 1 categories, including 7 parks (nearest 159 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 | Bottom 44% | Bottom 42% | Top 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 374 Riel Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 374 Riel Avenue presents a solid, mid-century property built in 1975. With 1,120 sqft of living space on a 6,053 sqft lot, its size is comfortably average for the Minnetonka neighbourhood and the wider city. The data suggests a key appeal lies in its balance and established nature. It’s not an outlier in size or value, which can indicate a stable, predictable investment in a mature community. The lot size is notably above the city-wide average, offering good outdoor space relative to many urban properties.
The home would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a manageable footprint and a larger yard over a more modern or expansive interior. Its assessed value is proportionally lower than many city-wide comparables, which could point to a different valuation approach or property type in the area, making it worth a closer look for those comparing neighbourhoods. The fact it’s newer than most on its own street (ranking in the top 15%) is a subtle advantage, potentially meaning fewer immediate updates compared to neighbours.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home was last sold between CA$350k–400k in 2023. Its current assessed value is $39,600. In Manitoba, assessed value for tax purposes is typically a fraction of market value and should not be directly compared to sale prices. The sale price range is the relevant indicator of market value.
2. Is the living space smaller than average?
At 1,120 sqft, it is slightly below the average for Minnetonka (~1,439 sqft) but close to the city-wide average (~1,342 sqft). It represents a more compact, efficient layout that may appeal to those seeking lower utility costs and less maintenance.
3. What does the "above average" year built ranking mean for this street?
Ranking in the top 15% for year built on Riel Avenue means this home (1975) is newer than 85% of its immediate neighbours. This could suggest newer building materials, systems, or design elements compared to other homes on the block.
4. How does the lot size impact potential?
The 6,053 sqft lot is above the city-wide average. This is a significant asset, offering more private outdoor space, room for gardening, or future expansion potential (subject to zoning bylaws) than many properties in Winnipeg.
5. Where can I see more detailed context for this property?
A neighbourhood analysis page is available, showing this home on a map alongside nearby houses with comparative data for year built, living area, assessed value, and lot size. This provides the clearest visual context for how it fits into the local area.
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.
