Property score
60.8
Fair
Overall 60.8 · Smaller than most nearby homes
880 sqft (bottom 8%) · Built in 1973 (2 yrs older than avg)
Located in a high-income area with median household income of ~106k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 5 dining spots, 1 school, 1 healthcare facility, and 2 shops nearby
Living Area
Below average
39% smaller than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 76%French · 6%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
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60.8 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: #46111002
$106K
Median household income
$113K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
17%
Single-person households
34%
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
39 Riverbend Avenue — 20 amenities found within 500 m, across 8 categories, including 5 dining (nearest 286 m), 1 education (nearest 319 m), 1 healthcare (nearest 301 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 35% | Bottom 20% | Bottom 42% |
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 39 Riverbend Avenue presents a specific and practical value proposition. Its key characteristic is a compact 880 sqft living space, which is notably smaller than most homes on its street and in the wider Minnetonka area. However, this is balanced by a generously sized lot of 6,838 sqft, which ranks well above average city-wide. Built in 1973, it is one of the newer homes on its block. The assessed value is modest and sits around the average for the immediate neighbourhood.
The appeal lies in its efficiency and potential. The lower square footage suggests manageable upkeep and heating costs, while the large lot offers valuable outdoor space, room for gardening, or future expansion—a rarity in many city neighbourhoods. Its recent sale in the $300k-$350k range (2023) indicates it is positioned as an accessible entry point into the market.
This property would best suit first-time buyers or downsizers seeking a lower-maintenance home without sacrificing yard space. It’s also a sensible fit for pragmatic investors or handy buyers who see the potential in the land size and newer construction year relative to the street, versus the work needed to update a smaller interior.
Frequently Asked Questions
1. Is the house too small?
At 880 sqft, the living area is significantly below the local average. It would suit individuals, couples, or small families comfortable with efficient, cozy living. The trade-off is the larger-than-average lot.
2. What does the assessed value mean for my property taxes?
The assessed value of $37,300 is used for municipal tax calculation. It is around average for the street but below the area average, which may result in relatively lower property taxes compared to larger homes in Minnetonka.
3. How does the large lot size benefit me?
The 6,838 sqft lot is a standout feature, offering ample private outdoor space. This provides room for recreation, gardening, or even future additions like a shed, deck, or garage, subject to local zoning.
4. The home sold recently in 2023. What does that indicate?
The sale 2-3 years ago within the $300k-$350k range provides a solid, recent benchmark for market value, suggesting a stable entry point for the area without the premium of a long-held property.
5. How does the 1973 build year compare to neighbours?
Built in 1973, this home is newer than most on Riverbend Avenue, where the average build year is 1958. This could mean relatively newer major systems (like plumbing and electrical) compared to neighbouring houses.
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