38 St Germain Street

Minnetonka, Winnipeg

Property score

80.9

Excellent

Overall 80.9 · Compared with neighbourhood average

1,530 sqft (top 34%) · Built in 1974 (1 yr older than avg)

Located in a high-income area with median household income of ~146k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 healthcare facility, and 8 parks nearby

Living Area

Near average

6% larger than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 73%French · 5%

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

80.9 is composed by the two sections below.

Property Score

73.3Good
Living Area79
1,530 sqftGood
Year Built58
1974Fair
Lot Size88
7,197 sqftExcellent
Neighbourhood Sales Activity23
Low

Community Score

92.3Excellent
Household Income93
Excellent
Education Level91
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

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: #46110999

Community deep dive

$146K

Median household income

$218K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.4

P90 / P10 ratio

10%

Single-person households

36%

Families with children

Population, labour & age

Population (2021)537
Labour force participation rate67%
Median age49.6
Avg household size2.8
Unemployment rate5%
Population density1917 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households10%
Couple families with children36%
Median household income (2020)$146K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$548K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority20%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

above average
1,530 sqft
0255075100
Same streetTop 25%Same areaTop 34%CitywideTop 29%
Same street · St Germain Street
#6 / 24
Top 25% · Avg 1,401 sqft
Same area · Minnetonka
#510 / 1,515
Top 34% · Avg 1,439 sqft
Citywide · Winnipeg
#55,900 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
405k
0255075100
Same streetBottom 17%Same areaBottom 48%CitywideTop 37%
Same street · St Germain Street
#20 / 24
Bottom 17% · Avg 436k
Same area · Minnetonka
#792 / 1,515
Bottom 48% · Avg 458.1k
Citywide · Winnipeg
#72,157 / 194,458
Top 37% · Avg 390.1k

Year Built

above average
1974
0255075100
Same streetTop 29%Same areaTop 41%CitywideTop 42%

Lot Size

above average
7,197 sqft
0255075100
Same streetTop 29%Same areaTop 40%CitywideTop 15%

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

38 St Germain Street — 9 amenities found within 500 m, across 2 categories, including 1 healthcare (nearest 440 m), 8 parks (nearest 132 m).

Search radius
🏥Healthcare1
🌳Parks8

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 7/2022CA$500k–550k
Sold price

Same street

Top 17%

Same area

Top 18%

City-wide

Top 16%

Related homes

Highlights & common questions: 38 St Germain Street, Winnipeg

Property Overview: 38 St Germain Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 38 St Germain Street in Minnetonka presents a compelling mix of space, value, and established neighbourhood character. Built in 1974, it sits on a generous 7,197 sqft lot that is notably larger than the typical Winnipeg property, offering ample outdoor potential. With 1,530 sqft of living area, the interior space is comfortably above average for its immediate street and the city overall.

The primary appeal lies in its balanced profile. It offers more house and land than many comparable properties, yet its assessed value is positioned at or below average for its area. This suggests a potential value opportunity for a buyer willing to invest in updates or personalization. The home last sold in the 2022 price range of CA$500k–550k, providing a recent market benchmark.

This property would suit practical buyers looking for a solid, spacious foundation in a mature neighbourhood. It’s ideal for someone who prioritizes lot size over a modern, turn-key condition, and sees potential in a home that may benefit from renovations. It could appeal to young families seeking room to grow, or value-oriented investors or homeowners comfortable with a property that offers more tangible assets (space, land) than premium finishes.

Section 2: Frequently Asked Questions

1. What does the assessed value tell us about the property?
The assessed value of $40.50k is around or below average for the area. This can indicate a few things: the property may be due for reassessment, it might have a lower valuation due to its condition or specific features, or it could represent a relative value compared to nearby homes. It's a starting point for understanding its municipal tax base, not its market price.

2. How does the lot size compare meaningfully?
At 7,197 sqft, the lot is in the top 15% city-wide for size. This is a significant asset, offering more privacy, landscaping possibilities, or space for additions like a garage, deck, or garden than most properties in Winnipeg. On its own street, it's also above average, meaning it isn't overshadowed by neighbouring lots.

3. The home was last sold in 2022. What should I consider?
A sale just a few years ago means the current market price will be closely influenced by that recent transaction and the changes in the market since. It’s important to investigate what, if any, updates were made by the sellers during their ownership to understand the current condition and value.

4. The living area is above average, but the year built is 1974. What's the trade-off?
You are getting more interior square footage than many homes, which is a major plus. The trade-off is that a home from the 1970s may have original or aging core components, like windows, roofing, or mechanical systems. The value comes from the space itself, with the understanding that some systems may need attention or modernization.

5. Who are the most relevant "comparable homes" for this property?
The data compares it on three levels: its immediate street (24 homes), the Minnetonka area (1,515 homes), and city-wide. For a true sense of value, focus on the "Same area" (Minnetonka) comparisons. This shows the home's living space is typical for the neighbourhood, its lot is average, and its assessed value is also mid-range, making it a very representative property for Minnetonka.