435 River Road

Minnetonka, Winnipeg

Property score

85.0

Excellent

Overall 85.0 · Larger than most nearby homes

2,128 sqft (top 13%) · Built in 1972 (3 yrs older than avg)

Located in a high-income area with median household income of ~117k

Transit 76.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 healthcare facility, and 3 parks nearby

Living Area

Above average

48% larger than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 78%Chinese · 4%

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

85.0 is composed by the two sections below.

Property Score

83.4Excellent
Living Area2,128 sqft94Excellent
Year Built197258Fair
Lot Size9,174 sqft95Excellent
Neighbourhood Sales Activity23Low

Community Score

87.4Excellent
Household Income90Excellent
Education Level82Excellent
Housing Stress100Excellent
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: #46110997

Community deep dive

$117K

Median household income

$144K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

16%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)390
Labour force participation rate64%
Median age51.2
Avg household size2.5
Unemployment rate13%
Population density2437 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households16%
Couple families with children29%
Median household income (2020)$117K

Housing

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

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority6%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Chinese · 3%

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

Rankings

Living Area

above average
2,128 sqft
0255075100
Same streetTop 17%Same areaTop 13%CitywideTop 8%
Same street · River Road
#30 / 180
Top 17% · Avg 1,664 sqft
Same area · Minnetonka
#194 / 1,515
Top 13% · Avg 1,439 sqft
Citywide · Winnipeg
#15,352 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

Elite
647k
0255075100
Same streetTop 13%Same areaTop 9%CitywideTop 5%
Same street · River Road
#24 / 180
Top 13% · Avg 505.1k
Same area · Minnetonka
#142 / 1,515
Top 9% · Avg 458.1k
Citywide · Winnipeg
#10,627 / 194,458
Top 5% · Avg 390.1k

Year Built

around average
1972
0255075100
Same streetTop 50%Same areaBottom 37%CitywideTop 45%

Lot Size

above average
9,174 sqft
0255075100
Same streetTop 36%Same areaTop 24%CitywideTop 8%

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

435 River Road — 4 amenities found within 500 m, across 2 categories, including 1 healthcare (nearest 197 m), 3 parks (nearest 351 m).

Search radius
🏥Healthcare1
🌳Parks3

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 6/2020CA$500k–550k
Sold price

Same street

Top 21%

Same area

Top 15%

City-wide

Top 13%
Sold 9/2017CA$550k–600k
Sold price

Same street

Top 12%

Same area

Top 12%

City-wide

Top 11%

Related homes

Highlights & common questions: 435 River Road, Winnipeg

Property Overview

435 River Road is a well-established home in Minnetonka, built in 1972. Its primary appeal lies in its above-average size and value relative to its surroundings. The home offers 2,128 square feet of living space on a 9,174 square foot lot, placing it comfortably in the top tier of homes locally and citywide for interior space. Its assessed value also ranks highly, especially compared to the wider city, suggesting a solid valuation foundation. The property suits buyers looking for a spacious, mature home in a settled neighborhood, particularly those who value more room than is typical and appreciate a home with a proven history of value retention. It may also appeal to someone interested in a property that stands out statistically in its peer group without being an outlier in age, offering a balance of space and established character.

Frequently Asked Questions

How does the property’s size compare to nearby homes?
The living area is notably larger than average. It ranks in the top 17% on its street and the top 8% citywide, meaning it offers significantly more interior space than most comparable Winnipeg homes.

What does the "Elite" ranking for Assessed Value mean?
This indicates the home’s assessed value is in the top 5% of all residential properties in Winnipeg. This high ranking citywide suggests a strong underlying value proposition, even when compared to homes in many other neighborhoods.

Is the lot size a standout feature?
The lot is above average compared to the city as a whole (top 8%) but is more typical for the immediate area. It offers a generous, established yard space that is larger than most in Winnipeg, though not the largest on River Road.

The home was built in 1972. What should I consider?
Built 54 years ago, the home is of average age for its street and city. This typically means major systems like roofing, plumbing, or windows may be due for updates or have been recently modernized, which would be a key point of inquiry.

Can I find out the exact historical sale prices?
The listing provides sold price ranges from 2017 and 2020. To obtain the exact sale figures, you must request them directly via email from the listing service, which provides them manually without using your email for marketing.

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