Property score
85.5
Excellent
Overall 85.5 · Larger and newer than most nearby homes
1,740 sqft (top 24%) · Built in 1985 (10 yrs newer than avg)
Located in a high-income area with median household income of ~180k
Transit 68.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 healthcare facility, and 3 parks nearby
Living Area
Above average
21% larger than neighborhood avg.
Year Built
Above average
10 yrs newer than neighborhood avg.
Mother tongue
English · 79%Chinese · 4%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
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85.5 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: #46110998
$180K
Median household income
$220K
Average household income
7%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.8
P90 / P10 ratio
11%
Single-person households
42%
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
482 River Road — 4 amenities found within 500 m, across 2 categories, including 1 healthcare (nearest 317 m), 3 parks (nearest 380 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 | Top 16% | Top 12% | Top 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 482 River Road, Winnipeg
Key Characteristics & Appeal
This home at 482 River Road in Minnetonka presents a compelling mix of space, modern age, and value. Built in 1985, it is notably newer than many homes on its street and in the wider city, which often translates to fewer concerns over major aging infrastructure. With 1,740 sqft of living area, it offers above-average interior space for both the neighbourhood and Winnipeg overall, suitable for a growing family or those wanting comfortable room to live.
The appeal lies in its strong value proposition. The home's assessed value sits consistently in the top 20-25% when compared to similar properties in Minnetonka and citywide, suggesting it is a well-regarded asset in its class. A recent sale in the $500k-$550k range in 2024 confirms active market interest. It’s important to note the lot size of 6,163 sqft is more compact than others on River Road, but is still above the Winnipeg average. This could be a practical perk for buyers who prefer less yard maintenance without sacrificing outdoor space entirely.
This property would best suit pragmatic buyers looking for a move-in-ready home that balances modern conveniences with established neighbourhood character. It’s ideal for professionals or families who prioritize interior space and a newer build over a sprawling lot, and for those who appreciate a home that holds a strong, above-average position in key metrics like assessed value and year built within the market.
Frequently Asked Questions
1. How does the lot size compare to neighbours?
The lot is 6,163 sqft, which is below the average for River Road specifically but remains above the average lot size for the entire City of Winnipeg. It offers a manageable yard.
2. Is the home older or newer than most in the area?
Built in 1985, this home is newer than the average house on its street, in Minnetonka, and across Winnipeg. This is a distinct advantage in terms of potential updates and systems.
3. What does the assessed value ranking mean?
The home’s assessed value places it in the top 23% on its street, top 20% in Minnetonka, and top 16% citywide against comparable properties. This indicates it is consistently valued higher than most peers, often a sign of good condition or desirability.
4. How can I find out the exact past sale price?
The provided sale price is a public range. The exact sale price history is available by request via email from the listing service, which they provide manually.
5. How does the living space compare?
At 1,740 sqft, the living area is above average for both the Minnetonka area and Winnipeg as a whole, offering more interior space than approximately 75-80% of comparable citywide homes.
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