40 Millfield Drive

Minnetonka, Winnipeg

Property score

73.4

Good

Overall 73.4 · Newer than most nearby homes

1,244 sqft (bottom 49%) · Built in 1980 (5 yrs newer than avg)

Located in a high-income area with median household income of ~102k

Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 2 schools, and 6 parks nearby

Living Area

Near average

14% smaller than neighborhood avg.

Year Built

Above average

5 yrs newer than neighborhood avg.

Mother tongue

English · 83%French · 2%

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

73.4 is composed by the two sections below.

Property Score

66.9Good
Living Area1,244 sqft66Good
Year Built198067Good
Lot Size6,951 sqft85Excellent
Neighbourhood Sales Activity23Low

Community Score

83.2Excellent
Household Income85Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46111000

Community deep dive

$102K

Median household income

$115K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

21%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)412
Labour force participation rate66%
Median age44.0
Avg household size2.6
Unemployment rate12%
Population density1716 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households21%
Couple families with children28%
Median household income (2020)$102K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)8%
Visible minority4%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 83%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
1,244 sqft
0255075100
Same streetTop 41%Same areaBottom 49%CitywideTop 46%
Same street · Millfield Drive
#14 / 34
Top 41% · Avg 1,229 sqft
Same area · Minnetonka
#774 / 1,515
Bottom 49% · Avg 1,439 sqft
Citywide · Winnipeg
#89,786 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

above average
458k
0255075100
Same streetTop 21%Same areaTop 32%CitywideTop 27%
Same street · Millfield Drive
#7 / 34
Top 21% · Avg 412.9k
Same area · Minnetonka
#481 / 1,515
Top 32% · Avg 458.1k
Citywide · Winnipeg
#52,491 / 194,458
Top 27% · Avg 390.1k

Year Built

above average
1980
0255075100
Same streetTop 12%Same areaTop 26%CitywideTop 34%

Lot Size

above average
6,951 sqft
0255075100
Same streetBottom 6%Same areaTop 45%CitywideTop 17%

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 Millfield Drive — 8 amenities found within 500 m, across 2 categories, including 2 education (nearest 474 m), 6 parks (nearest 252 m).

Search radius
🏫Education2
🌳Parks6

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 8/2020CA$350k–400k
Sold price

Same street

Top 40%

Same area

Top 42%

City-wide

Top 34%

Related homes

Highlights & common questions: 40 Millfield Drive, Winnipeg

Property Overview & Key Characteristics

40 Millfield Drive presents as a well-situated, mid-century home that offers solid value within its context. Built in 1980, it is notably newer than many homes on its own street and in the broader Minnetonka area, which may translate to fewer concerns about the age of major components like roofing or foundation. With 1,244 sqft of living space, it provides a practical footprint that is very typical for the immediate neighbourhood, suitable for a small family, couple, or downsizer.

The home’s primary appeal lies in its strong assessed value ranking, which is above average on its street and city-wide, suggesting it is viewed favorably by assessors relative to its peers. A thoughtful perspective is the lot size: while it is smaller than most on Millfield Drive, it is actually above average for the city overall. This indicates a neighbourhood of generally larger lots, so buyers should weigh the trade-off between a manageable yard and the potential for less privacy or expansion space compared to neighbours.

This property would best suit a value-conscious buyer looking for a move-in ready home in an established area, who prioritizes a newer build year and a solid assessment over having a large lot. It’s also a sensible choice for someone who appreciates a home that performs well on key metrics without being an outlier in size or price.

Frequently Asked Questions

1. How does the 1980 build year compare to nearby homes?
This home is newer than most on its street, where the average build year is 1961. In the broader Minnetonka area, it is also above average, with comparable homes averaging a 1975 build year.

2. The lot seems smaller than others on the street. Is that a concern?
The lot is 6,951 sqft, which is below the street average of 11,117 sqft. However, it is still larger than the average city-wide lot. This means you’ll have a more manageable yard, but potentially less space from neighbouring homes compared to others on the block.

3. What does the “above average” assessed value ranking mean?
The assessed value of $45,800 ranks in the top 21% on Millfield Drive and the top 27% city-wide. This generally indicates the municipality views the property’s value as strong compared to similar homes, which can be a positive signal for underlying value.

4. What was the home’s previous sale price?
Public data indicates it sold between CA$350,000 and $400,000 in 2020. The exact sale price is available upon request via email from the listing service.

5. How does the living space compare to the area?
At 1,244 sqft, the living area is very close to the average for Millfield Drive (1,229 sqft) and slightly below the average for the city overall (1,342 sqft). It represents a standard, mid-size layout for the neighbourhood.

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