48 Riverbend Avenue

Minnetonka, Winnipeg

Property score

82.0

Excellent

Overall 82.0 · Larger but older than most nearby homes

2,001 sqft (top 15%) · Built in 1947 (28 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, 1 healthcare facility, and 1 shop nearby

Living Area

Above average

39% larger than neighborhood avg.

Year Built

Below average

28 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

82.0 is composed by the two sections below.

Property Score

78.5Good
Living Area2,001 sqft94Excellent
Year Built194730Low
Lot Size18,481 sqft100Excellent
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

above average
2,001 sqft
0255075100
Same streetTop 9%Same areaTop 15%CitywideTop 11%
Same street · Riverbend Avenue
#10 / 115
Top 9% · Avg 1,331 sqft
Same area · Minnetonka
#232 / 1,515
Top 15% · Avg 1,439 sqft
Citywide · Winnipeg
#20,998 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

above average
428k
0255075100
Same streetTop 29%Same areaTop 41%CitywideTop 32%
Same street · Riverbend Avenue
#33 / 115
Top 29% · Avg 388.3k
Same area · Minnetonka
#618 / 1,515
Top 41% · Avg 458.1k
Citywide · Winnipeg
#62,865 / 194,458
Top 32% · Avg 390.1k

Year Built

around average
1947
0255075100
Same streetBottom 48%Same areaBottom 7%CitywideBottom 24%

Lot Size

Elite
18,481 sqft
0255075100
Same streetTop 4%Same areaTop 3%CitywideTop 2%

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

48 Riverbend Avenue — 16 amenities found within 500 m, across 8 categories, including 2 dining (nearest 322 m), 2 education (nearest 381 m), 1 healthcare (nearest 364 m).

Search radius
🍽️Dining2
🏫Education2
🏥Healthcare1
🛒Shopping1
🌳Parks3
🏦Finance3
Fuel Stations3
Worship1

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

48 Riverbend Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

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