40 Greendell Avenue

Minnetonka, Winnipeg

Property score

71.4

Good

Overall 71.4 · Older than most nearby homes

1,150 sqft (bottom 42%) · Built in 1961 (14 yrs 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: 2 dining spots, 2 schools, 2 healthcare facilitys, and 1 shop nearby

Living Area

Near average

20% smaller than neighborhood avg.

Year Built

Below average

14 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

71.4 is composed by the two sections below.

Property Score

60.9Fair
Living Area1,150 sqft60Fair
Year Built196146Low
Lot Size11,099 sqft97Excellent
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

around average
1,150 sqft
0255075100
Same streetBottom 41%Same areaBottom 42%CitywideBottom 45%
Same street · Greendell Avenue
#45 / 76
Bottom 41% · Avg 1,337 sqft
Same area · Minnetonka
#877 / 1,515
Bottom 42% · Avg 1,439 sqft
Citywide · Winnipeg
#107,374 / 194,458
Bottom 45% · Avg 1,342 sqft

Tax-Assessed Value

around average
392k
0255075100
Same streetBottom 41%Same areaBottom 40%CitywideTop 40%
Same street · Greendell Avenue
#45 / 76
Bottom 41% · Avg 417k
Same area · Minnetonka
#903 / 1,515
Bottom 40% · Avg 458.1k
Citywide · Winnipeg
#78,603 / 194,458
Top 40% · Avg 390.1k

Year Built

around average
1961
0255075100
Same streetTop 47%Same areaBottom 13%CitywideBottom 43%

Lot Size

Elite
11,099 sqft
0255075100
Same streetTop 34%Same areaTop 12%CitywideTop 5%

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

40 Greendell Avenue — 15 amenities found within 500 m, across 7 categories, including 2 dining (nearest 175 m), 2 education (nearest 442 m), 2 healthcare (nearest 340 m).

Search radius
🍽️Dining2
🏫Education2
🏥Healthcare2
🛒Shopping1
🌳Parks2
🏦Finance3
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 9/2023CA$350k–400k
Sold price

Same street

Bottom 46%

Same area

Top 44%

City-wide

Top 36%

Related homes

Highlights & common questions: 40 Greendell Avenue, Winnipeg

Property Overview: 40 Greendell Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 40 Greendell Avenue in Minnetonka presents a balanced offering centered on its generous lot. Built in 1961, the 1,150 sqft living space is modest and typical for the immediate street and area. The true standout feature is the 11,099 sqft land parcel, which ranks within the top 12% of lots in Minnetonka and an elite top 5% city-wide. This offers significant outdoor space that is increasingly rare.

The appeal lies in this land potential. While the house itself is of average size and age for the neighbourhood, the large lot provides room for gardening, expansion, or future redevelopment, offering a tangible asset beyond the living space. The property’s assessed value is positioned in the middle range locally, suggesting a stable, established setting without a premium price tag for the location.

This property would suit a practical buyer who values space and potential over immediate turn-key perfection. It’s ideal for someone with a vision for outdoor living, interested in gradual upgrades, or looking for a home where the land itself represents a long-term investment. It may also appeal to those seeking a foothold in a mature neighbourhood without the premium typically attached to newer or fully renovated homes.

Section 2: Frequently Asked Questions

1. How does the large lot size impact property value?
While the house is average for the area, the lot size is a significant asset. It provides flexibility for expansion, landscaping, or future use, which can enhance resale value and appeal to buyers seeking space that is hard to find in many city neighbourhoods.

2. Is the 1961 build date a concern?
The home is slightly older than the Minnetonka area average. This typically means prospective buyers should budget for expected maintenance and updates common to homes of this era, but it also places the property in a well-established, stable part of the community.

3. What does the "around average" ranking for living area mean for daily life?
With 1,150 sqft, the living space is functionally adequate for a small family or couple. It is not expansive, but it is in line with many other homes on the street, indicating the neighbourhood consists of similarly scaled properties.

4. How does the sold price history inform the current value?
The property sold between $350k-$400k in 2023. This recent sale provides a concrete market benchmark, showing value growth relative to its assessed value and indicating active buyer interest in the area at that price point.

5. Who are the most likely neighbours or comparable buyers?
Given the metrics, the immediate neighbours likely own homes of similar vintage and scale. The most interested new buyers will probably be those who notice the lot size advantage and are comfortable with a home that may require personalization, rather than buyers seeking a modern, large interior on a standard lot.

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