39 Nicollet Avenue

Minnetonka, Winnipeg

Property score

64.3

Fair

Overall 64.3 · Smaller than most nearby homes

935 sqft (bottom 13%) · Built in 1974 (1 yr older than avg)

Located in a high-income area with median household income of ~112k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 healthcare facilitys, and 1 shop nearby

Living Area

Below average

35% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 77%French · 8%

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

64.3 is composed by the two sections below.

Property Score

49.0Low
Living Area935 sqft42Low
Year Built197458Fair
Lot Size5,566 sqft74Good
Neighbourhood Sales Activity23Low

Community Score

87.2Excellent
Household Income89Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46111001

Community deep dive

$112K

Median household income

$157K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.0

P90 / P10 ratio

18%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)420
Labour force participation rate76%
Median age44.0
Avg household size2.6
Unemployment rate10%
Population density1909 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households18%
Couple families with children34%
Median household income (2020)$112K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority15%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 77%
Mother tongue (2nd)French · 8%

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

Rankings

Living Area

below average
935 sqft
0255075100
Same streetBottom 5%Same areaBottom 13%CitywideBottom 19%
Same street · Nicollet Avenue
#35 / 37
Bottom 5% · Avg 1,249 sqft
Same area · Minnetonka
#1,322 / 1,515
Bottom 13% · Avg 1,439 sqft
Citywide · Winnipeg
#156,577 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

around average
378k
0255075100
Same streetBottom 30%Same areaBottom 31%CitywideTop 44%
Same street · Nicollet Avenue
#26 / 37
Bottom 30% · Avg 400.4k
Same area · Minnetonka
#1,043 / 1,515
Bottom 31% · Avg 458.1k
Citywide · Winnipeg
#86,528 / 194,458
Top 44% · Avg 390.1k

Year Built

around average
1974
0255075100
Same streetBottom 30%Same areaTop 41%CitywideTop 42%

Lot Size

around average
5,566 sqft
0255075100
Same streetTop 32%Same areaBottom 19%CitywideTop 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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

39 Nicollet Avenue — 14 amenities found within 500 m, across 7 categories, including 1 dining (nearest 179 m), 2 education (nearest 441 m), 2 healthcare (nearest 271 m).

Search radius
🍽️Dining1
🏫Education2
🏥Healthcare2
🛒Shopping1
🌳Parks3
🏦Finance2
Fuel Stations3

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 10/2023CA$400k–450k
Sold price

Same street

Top 10%

Same area

Top 36%

City-wide

Top 30%
Sold 7/2019CA$300k–350k
Sold price

Same street

Bottom 10%

Same area

Bottom 20%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 39 Nicollet Avenue, Winnipeg

Property Overview: 39 Nicollet Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 39 Nicollet Avenue is a practical, mid-century property built in 1974, situated in the Minnetonka neighbourhood. Its key characteristic is its modest scale, featuring 935 square feet of living space on a 5,566 sqft lot, which is notably smaller than many area homes. This creates a distinct profile: the assessed value is consistently around the average for its immediate street and wider area, suggesting the property is priced for its location and land, rather than its interior size.

The appeal lies in its efficiency and potential. It represents a more affordable entry point into the neighbourhood, suited for buyers who prioritize land value and location over square footage. It would particularly suit first-time buyers, downsizers, or investors looking for a manageable property with a standard lot in an established area. A thoughtful perspective is that its smaller size can mean lower utility costs and less maintenance, offering a simpler living arrangement. The sales history shows a significant value increase between 2019 and 2023, indicating strong market momentum for well-positioned properties like this one.

Section 2: Frequently Asked Questions

1. Is the house unusually small for the area?
Yes. The living area of 935 sqft ranks in the bottom 15% for the Minnetonka area, where comparable homes average about 1,439 sqft. This is the property's most defining physical trait.

2. How does the assessed value compare given the smaller size?
The assessed value is around the neighbourhood average. This indicates that the value is likely supported by the desirable lot and location, balancing the smaller home size.

3. What does the sale history tell us?
The home sold previously in 2019 for an estimated $300k-$350k and again in 2023 for $400k-$450k. This suggests substantial appreciation over that four-year period, outperforming many area averages at the time of the 2023 sale.

4. Is the lot size typical?
The lot is just over 5,500 sqft, which is average for Nicollet Avenue but below the larger average lot size for the broader Minnetonka area. It offers standard outdoor space for the immediate street.

5. How can I find out the exact past sale prices?
The listed sale prices are estimated ranges from public data. The exact, verified sale prices are available by request via email from the listing service, which provides them manually without marketing spam.

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