Property score
78.1
Good
Overall 78.1 · Larger than most nearby homes
1,664 sqft (top 27%) · Built in 1975
Located in a high-income area with median household income of ~104k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 6 parks nearby
Living Area
Above average
16% larger 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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78.1 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
382 Riel Avenue — 6 amenities found within 500 m, across 1 categories, including 6 parks (nearest 191 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 22% | Top 36% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This home at 382 Riel Avenue in Winnipeg's Minnetonka neighbourhood presents a compelling case based on its strong comparative metrics. Built in 1975, its primary appeal lies in its above-average living space. At 1,664 sqft, it ranks in the top 7% of homes on its own street and the top 22-27% for its area and the wider city, offering more interior room than many comparable properties. The lot size of 6,054 sqft is solid city-wide (top 29%) though more typical for the immediate area.
The home’s assessed value positions it as relatively affordable within its street context (top 27%) and around the median for the broader neighbourhood. A key data point is its sale in the 2023-2025 period for an estimated $400k-$450k, which performed better than many peers. This suggests a market value that has historically outpaced its assessed value—a point of interest for buyers.
This property would suit practical buyers looking for a home with proven resale performance and more space than the neighbourhood norm, without a premium lot size. It’s a sensible choice for those prioritizing interior square footage and established community character over a brand-new build or an exceptionally large yard.
Frequently Asked Questions
1. How does the home’s recent sale price compare to its current assessed value?
The home sold for an estimated $400,000-$450,000 around 2023-2025, which was above average compared to peers at that time. Its current assessed value is $40,800. In Manitoba, assessed value for property tax purposes often lags behind market value, so this discrepancy is not unusual and the recent sale price is a more current indicator of its market worth.
2. Is the living space significantly larger than other homes nearby?
Yes. With 1,664 sqft of living area, this home is notably larger than the average on Riel Avenue (1,202 sqft) and in both the Minnetonka area (1,439 sqft) and city-wide (1,342 sqft) averages. This is one of its strongest comparative features.
3. What does the "top percentage" ranking mean for the year built?
A ranking in the top 15% on its street for year built (1975) means it is newer than 85% of comparable homes on Riel Avenue. Compared to the wider city, it’s around the average age. This indicates the home is relatively modern for its specific street but typical for Winnipeg overall.
4. How does the lot size compare?
The 6,054 sqft lot is slightly below the average for Riel Avenue and the Minnetonka area. However, city-wide, it ranks in the top 29%, meaning it’s still above average compared to all Winnipeg properties. It offers a standard urban yard rather than an exceptionally large one.
5. Where can I see how this property compares visually to its neighbours?
You can use the provided neighbourhood analysis page link to view the home on a map alongside nearby houses, allowing for a direct visual comparison of lot sizes, house placement, and street context.
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.
