377 Riel Avenue

Minnetonka, Winnipeg

Property score

67.2

Good

Overall 67.2 · Smaller than most nearby homes

1,044 sqft (bottom 28%) · Built in 1975

Located in a high-income area with median household income of ~113k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 7 parks nearby

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 79%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

Need help understanding this property?

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

Property score

67.2 is composed by the two sections below.

Property Score

55.0Fair
Living Area1,044 sqft52Fair
Year Built197558Fair
Lot Size5,834 sqft74Good
Neighbourhood Sales Activity23Low

Community Score

85.4Excellent
Household Income90Excellent
Education Level72Good
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: #46110994

Community deep dive

$113K

Median household income

$122K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

18%

Single-person households

33%

Families with children

Population, labour & age

Population (2021)355
Labour force participation rate61%
Median age43.2
Avg household size2.6
Unemployment rate10%
Population density986 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households18%
Couple families with children33%
Median household income (2020)$113K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$360K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority12%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 78%
Mother tongue (2nd)French · 7%

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

Rankings

Living Area

around average
1,044 sqft
0255075100
Same streetBottom 36%Same areaBottom 28%CitywideBottom 32%
Same street · Riel Avenue
#96 / 149
Bottom 36% · Avg 1,202 sqft
Same area · Minnetonka
#1,088 / 1,515
Bottom 28% · Avg 1,439 sqft
Citywide · Winnipeg
#131,413 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
385k
0255075100
Same streetTop 47%Same areaBottom 36%CitywideTop 42%
Same street · Riel Avenue
#70 / 149
Top 47% · Avg 386.8k
Same area · Minnetonka
#974 / 1,515
Bottom 36% · Avg 458.1k
Citywide · Winnipeg
#82,459 / 194,458
Top 42% · Avg 390.1k

Year Built

above average
1975
0255075100
Same streetTop 15%Same areaTop 34%CitywideTop 40%

Lot Size

around average
5,834 sqft
0255075100
Same streetBottom 45%Same areaBottom 28%CitywideTop 36%

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

377 Riel Avenue — 7 amenities found within 500 m, across 1 categories, including 7 parks (nearest 155 m).

Search radius
🌳Parks7

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 12/2017CA$250k–300k
Sold price

Same street

Bottom 14%

Same area

Bottom 9%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 377 Riel Avenue, Winnipeg

Property Overview: 377 Riel Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 377 Riel Avenue in Minnetonka presents a practical opportunity in Winnipeg’s housing market. Built in 1975, it is notably newer than many of its immediate neighbors on Riel Avenue, which can suggest updated infrastructure or building materials compared to older stock. With 1,044 sqft of living space and a 5,834 sqft lot, the property offers a manageable size. The data indicates its living space is more compact compared to the broader Minnetonka area average, positioning it as a potentially efficient and easier-to-maintain home.

Its core appeal lies in its straightforward, average valuation within its immediate locale, as reflected in its assessed value. This combination of a newer build date for the street with a standard footprint makes it a candidate for value-conscious buyers. It would suit first-time homeowners looking for an entry point into the market, or practical buyers seeking a home that balances lot size with a manageable interior, without the premium or upkeep of a larger property. A thoughtful perspective is that while its lot size is below the area average, it is still generous city-wide, offering outdoor space without being overwhelming.

Section 2: Frequently Asked Questions

1. How does the 1975 build date compare to nearby homes?
This home is newer than most on its specific street, ranking in the top 15% for year built on Riel Avenue. This can be an advantage, potentially meaning fewer immediate major updates compared to older neighboring houses.

2. Is the living space smaller than average?
Yes. At 1,044 sqft, the living area is below the average for both the Minnetonka area and the city overall. This points to a more compact, efficient layout.

3. What does the assessed value tell me about this property?
The assessed value is very close to the average for Riel Avenue itself, suggesting it is priced consistently within its most direct neighborhood context, rather than standing out as unusually high or low.

4. How does the lot size compare?
The lot is 5,834 sqft. It is smaller than the average lot in the Minnetonka area but is still around the average size when compared to lots across the entire city.

5. Where can I see more context about this specific location?
A detailed neighbourhood analysis map is available, allowing you to compare this property directly with nearby homes in terms of year built, living area, assessed value, and lot size.

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.